Crypto Giant CZ Aids Bybit Hack
@Binance founder CZ suggests @Bybit halt withdrawals after $1.5B hack; Bybit CEO confirms solvency despite loss. Hacker splits stolen ETH across 48 addresses. #Breaking #Crypto $ETH (-9) ↘
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@Binance founder CZ suggests @Bybit halt withdrawals after $1.5B hack; Bybit CEO confirms solvency despite loss. Hacker splits stolen ETH across 48 addresses. #Breaking #Crypto $ETH (-9) ↘
Bybit CEO Ben Zhou labels Pi Network’s $PI token a scam, citing a 2023 Chinese police warning; Bybit hacked for $1.5 billion by Lazarus Group. #Breaking #Crypto $PI (-9) ↘
North Korea’s Lazarus Group hacked @Bybit_Official for $1.46B, marking the largest crypto theft ever, confirmed by Arkham Intelligence and ZachXBT’s analysis. #Breaking #Crypto $ETH (-9) ↘
The U.S. Marshals Service struggles to estimate its crypto holdings, complicating plans for a national bitcoin reserve amid ongoing procurement issues. #Update #Crypto $BTC (-3) ↘
@BancoNacionalCR launches Costa Rica’s first bitcoin ETF via BN Fondos, allowing $100 minimum investments in USD, marking a crypto milestone. #Update #Crypto $BTC (+4) ↗
CoinDesk Indices reports the CoinDesk 20 Index at 3321.84, up 1.4%, led by $LTC (+6.8%) and $DOT (+4.9%), with $XRP and $XLM lagging slightly. #Update #Crypto $LTC (+3) ↗
@CoinDesk reports $BTC surpasses $98,000 as SEC shifts crypto focus and dovish Fed comments boost market; volatility remains low. #Update #Crypto $BTC (+3) ↗
JPMorgan (@JPMorgan) reports weak demand in $BTC and $ETH futures, pointing to backwardation and lack of short-term catalysts, awaiting potential positive impacts from Trump’s administration initiatives. #Update #Crypto $BTC (-4) ↘
@FigureMarkets launched YLDS, a yield-bearing stablecoin registered with the SEC, offering daily interest on Provenance Blockchain. #Update #Crypto (+5) ↗
@Bitpanda CEO Eric Demuth highlights U.S. crypto policy shift, driving institutional investments and Bitcoin ETF growth to $58B AUM. #Update #Crypto (+3) ↗
The U.S. Securities and Exchange Commission’s Cyber Unit is now the Cyber and Emerging Technologies Unit, reducing its crypto focus with 30 fraud specialists. #Update #Legal (+3) →
The European Central Bank (ECB) is developing a DLT transaction settlement system linked to its Target system for fiat currency. #Update #Crypto (+3) ↗
Ethereum co-founder Vitalik Buterin criticized the community’s acceptance of blockchain gambling, suggesting a moral shift that could impact his future involvement. #Update #Crypto $ETH (-4) ↘
Bitcoin’s hashrate growth slowed in January as smaller miners exited the market, with @MarathonDH maintaining its lead at 41.65 EH/s. #Update #Crypto $BTC (-3) ↘