Bitcoin and cryptocurrency prices already teetering on the brink of collapse due to the escalating Ukraine situation plummeted more following news of a serious attack on non-fungible token (NFT) platform OpenSea.
The bitcoin price crashed by over 5 percent under $40,000 in the last 24 hours after the Open Sea attack, while ethereum, BNB, solana, and cardano plunged to between 6 percent and 8 percent.
Sparked by a series of viral tweets from panicked NFT traders due to the OpenSea hack, the latest crypto price crash has wiped almost $300 billion from the combined crypto market over the last few days.