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Joke About Wrapped Ether Spooks Crypto Twitter

Fear, uncertainty, and doubt (FUD) over wrapped ether (wETH) made waves on crypto Twitter over the weekend, with false rumors alleging that wETH is insolvent because it isn't backed 1:1 by ether (ETH). "The Hash" hosts discuss the industry implications.

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Markets

FTX Exploiter Transfers $200M in Ether to 12 Crypto Wallets

The exploiter had previously drained hundreds of millions of digital assets from FTX on the same day as the embattled crypto exchange filed for bankruptcy protection.

(Leon Neal/Getty Images)

Videos

FTX Accounts Drainer Transfers Millions in Stolen Crypto, Becomes 35th-Largest Ether Holder

The unknown actor behind last week’s $600 million exploit of crypto exchange FTX transferred more than 21,555 ether (ETH), or over $27 million, in stolen funds to a single address during European morning hours on Tuesday. "The Hash" panel discusses the latest in the FTX collapse.

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Markets

Ether, Solana Trade at Premium on FTX – Here Is (Probably) Why

The premium stems from users with trapped assets on FTX putting their money into major tokens in hopes of receiving some recovery value, one observer said.

(Pixabay)

Videos

Bitcoin Tumbles Following FTX’s Liquidity Crisis

Bitcoin (BTC) dipped 10% and ether (ETH) 17% in the past 24 hours as traders reacted to speculations around prominent exchange FTX’s liquidity issues. Defiance ETFs CEO, CIO, and co-founder Sylvia Jablonski discusses her outlook on the tumbling market.

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Bitcoin Above $20K Amid More Signs of Decoupling From S&P 500

Bitcoin (BTC) is trading at $20,700 after major decoupling of BTC and ether (ETH) movements from S&P 500 over the past six months. Osprey Funds founder and CEO Greg King joins “First Mover” to discuss his bitcoin outlook and the decoupling between crypto and the equity markets.

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What to Expect From Ethereum's Shanghai Upgrade

The Ethereum network's next big upgrade "Shanghai" will make it possible to withdraw staked ETH, tying up loose ends from the historic "Merge" update. "The Hash" panel discusses the promised features of Shanghai and outlook for the Ethereum ecosystem.

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Bitcoin Up 5% Over 24 Hours, Surging Past $20K

Bitcoin (BTC) is up 5% in the past 24 hours, trading at $20,500 with ether (ETH) surpassing $1,500 in the meantime. IG North America CEO JJ Kinahan joins “First Mover” to discuss the tokens’ recent rally and whether volatility has returned to the crypto markets. Plus, insights on how the Fed's upcoming decisions will impact the broader market.

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'There's No Place to Hide': TradeStation Exec on Flat Market Conditions

"There's no appetite for any market right now," says Anthony Rousseau, senior director of product strategy at TradeStation Crypto. As bitcoin (BTC) and ether (ETH) continue to be stuck in a tight range, he says "everybody's got some hopium looking for the Fed pivot."

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