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Over $3.4 billion in Ethereum lost forever due to user mistakes and contract bugs

Web3 Foundation's Parity wallet error and others lead significant ETH losses.

CryptoSlate

Jul 22

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Happy Tuesday!

Here’s your latest snapshot of the biggest shifts rocking the crypto world. From billions in Ethereum lost to user errors and buggy contracts, to Ark Invest making bold moves in institutional ETH exposure, today’s headlines show digital assets are anything but quiet. Find out how altcoins are rallying as Bitcoin cools off, and see why JPMorgan’s pivot on crypto-backed lending could ripple across traditional finance. Dive into the stories driving the conversation.

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The global crypto market cap is $3.94 trillion, with a 24-hour volume of $219.29 billion. The price of Bitcoin is $119,181.59, and BTC market dominance is 60.2%. The price of Ethereum is $3,706.78, and ETH market dominance is 11.4%. The best-performing sector is Education, which gained 21%. The Crypto Fear & Greed Index is currently Greed (72).