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Crypto exchange hacks and new Ethereum client launch

Two major exchange hacks resulted in a combined loss of $146 million on November 2, with Brazil’s Mercado Bitcoin losing $40 million and an unnamed EU exchange losing $106 million, extending a four‑day hack streak. ConsenSys unveiled a cross‑ledger settlement stack at Devcon Mumbai, enabling banks to settle across blockchains without moving assets. Gattaca introduced Silver, an open‑source Ethereum consensus client claiming up to 9.6× faster performance than competitors, currently in alpha with audits pending.

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