WorldPingAnother Ethereum Layer 2 chain bites the dust: Just days after the creators of the once-hyped Blast said they’re shutting down the scaler, Abstract is about to follow suit.
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Bitmine's Relentless Ethereum Buying Is About to End, Tom Lee Says
Ethereum researcher Justin Drake calls for ‘bunker mode’ planning over private key recovery risk
Ethereum falls 6%, leaving $1.35 billion in long bets at risk of liquidation
Pudgy Penguins Team to Shutter Ethereum Layer 2 Network Abstract
The original report was published by Bitcoin.com. WorldPing does not claim that reporting — this page summarises and contextualises it.
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WorldPingEthereum’s slide toward $2,500 has put about $1.35 billion of leveraged long positions at increasing risk of liquidation. CoinMarketCap data showed roughly $1.
Brief by WorldPing · Original reporting by CryptoSlate
WorldPingJustin Drake recommended moving crypto assets to fresh addresses that keep their public keys hidden behind a hash.
Brief by WorldPing · Original reporting by The Block
WorldPingSpeaking at Token2049 in Singapore, the chairman said Bitmine is about 100,000 ETH—roughly six to seven weeks—from its 5% cap, setting an end date on a buying spree that made it the world's largest Ethereum treasury.
Brief by WorldPing · Original reporting by Decrypt
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