Here’s what happened in crypto today
Today in crypto, security firm SlowMist revealed that over 8,620 Solana wallets are linked to the $21 million DEXX hack, which affected nearly 900 unique users. The hack occurred on November 16, with some victims suffering losses greater than $1 million, and total losses now estimated to be around $30 million due to price fluctuations in meme tokens. Additionally, Ether exchange-traded funds (ETFs) have outperformed Bitcoin ETFs, seeing $224.9 million in net inflows compared to Bitcoin's $35.2 million amid an 8% rally in Ether’s price over recent days. Meanwhile, publicly traded Bitcoin mining companies have invested heavily in plant, property, and equipment (PP&E), raising over $5 billion in 2024 alone, with significant debt financing indicating a focus on infrastructure enhancements in the Bitcoin mining sector.
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