Bitcoin's Resurgence: Rekindling Correlation with Tech as it Surges to $29.4K in Asia

Bitcoin is trading at $29,415 as the trading week begins in Asia, with minor declines in Ether. The Curve stablecoin exchange experienced an exploit, putting over $100 million worth of cryptocurrency at risk. The exploit was caused by a "re-entrancy" bug in the Vyper programming language used in parts of Curve. Meanwhile, the bitcoin mining industry in Russia is booming, with more machines flowing into the country than anywhere else in the world. Russia's share of bitcoin mining increased after China banned the industry in 2021.