Top cryptocurrency news of the day: Major stories on blockchain, crypto legislation and more – Moneycontrol.com

The latest centralised-exchange hack may be among the most devastating to date as Bitmart has lost $196 million in various cryptocurrencies. A tweet from security analysis firm Peckshield first called attention to the alleged hackon December 4night. One of Bitmartsaddressescurrently shows steady outflows of entire token balances, some worth tens of millions of dollars, to an address currently labelled by Etherscan as the Bitmart Hacker. Read morehere.

Bitcoin Buzz

Bitcoin market dominance sinks Over weekend as Ethereum's grows

Amid this weekend'scrypto crash, Bitcoin's market dominance dipped to nearly its lowest level ever. The market dominance of the first and largest cryptocurrency by market cap was just 38.32 percent on December 4, before paringafter the tumble. Read morehere.

Expert Take

China made the correct decision to ban cryptocurrencies: Charlie Munger

International Take

TIME s betting big on crypto and NFTs - here is why

When theNFTmarketexploded in Marchand broughtWeb3into the mainstream, a 98-year-old print magazine and news organization generated one of the most surprising headlines in the space.TIMElaunched Ethereum NFTsbased on its iconic red-bordered magazine covers andgenerated $446,000 worth of ETHin the process. Notably, the organization is betting big on crypto and NFTs. Read morehere.

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Top cryptocurrency news of the day: Major stories on blockchain, crypto legislation and more - Moneycontrol.com