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🇺🇸 US Banks Face $500B in Losses as De-Dollarization Grows.
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$ETH Ethereum (ETH/USD) plunged over 7% from $2,845 to $2,625 after the Bybit hack, which resulted in the theft of nearly $1.5 billion worth of ETH. This incident has reignited debate within the crypto community about whether Ethereum should roll back its blockchain to recover the stolen funds. Ethereum has since recovered to $2,735, but doubts persist about the sustainability of this rebound.
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#GasFeeImpact Gas is the fee required to successfully conduct a transaction or execute a contract on the Ethereum blockchain platform. Fees are priced in tiny fractions of the cryptocurrency ether (ETH)—denominations called gwei (10-9 ETH). Gas is used to pay validators for the resources needed to conduct transactions
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#TokenMovementSignals The token system was developed in Britain in the 19th century, to enable safe working of single-line railways. For the very first time this system was proposed by Mr. Henry Woodhouse for Standedge Tunnels in 1849. If a branch line is a dead end with a simple shuttle train service, then a single token is sufficient.
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