Crypto News: ByBit Hacked, LTC ETF Advances
@Bybit suffered a $1.4B hack by North Korea’s Lazarus Group, causing $566M in liquidations and BTC to drop to $96K. LIBRA token crashed 90% amid insider sell-offs. #Breaking #Crypto $BTC (-9) ↘
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@Bybit suffered a $1.4B hack by North Korea’s Lazarus Group, causing $566M in liquidations and BTC to drop to $96K. LIBRA token crashed 90% amid insider sell-offs. #Breaking #Crypto $BTC (-9) ↘
XRP remains neutral, trading at $2.592 amid bearish consolidation post-Bybit hack, with key levels at $2.47 and $2.75 for potential movement. #Update #Crypto $XRP (-3) ↘
As @Bybit recovers from a $1.5B hack, Ethereum faces division over a proposed blockchain rollback to counter North Korean hackers, risking its credibility. #Breaking #Crypto $ETH (-9) ↘
Ripple’s legal battle with the U.S. Securities and Exchange Commission may extend due to procedural complexities, including a $125 million penalty and cross-appeal considerations. #Update #Legal (+3) →
@ConsenSys urges the U.S. Securities and Exchange Commission (SEC) to withdraw proposed amendments expanding the definition of “exchange” to include DeFi platforms, citing legal overreach concerns. #Update #Legal (+3) ↗
Crypto analyst Ali Martinez identifies Cardano’s ($ADA) key support at $0.67–$0.80, crucial for bullish momentum amid current market conditions. #Update #Crypto $ADA (+3) ↗
@FTI_US has filed an S-1 with the SEC to launch a spot $SOL ETF, highlighting growing institutional interest in digital assets. #Update #ETF $SOL (+3) ↗
Nigeria sues @Binance for $79.5B in losses and $2B unpaid taxes, alleging tax evasion and currency instability impacts; hearing set for March 3, 2025 #Breaking #Legal (+9) ↗
The Sui token is surging, outperforming $BTC and $ETH, with a 2% daily gain amid increasing active addresses reaching 1.25 million. #Update #Crypto $SUI (+6) ↗
@Bybit_Official reportedly hacked for over $1.4 billion in $ETH outflows, following a report by ZachXBT. Bybit confirms unauthorized transfers from cold wallets due to UI spoofing. #Breaking #Crypto $ETH (-9) ↘
Dogecoin whales accumulated 110 million $DOGE as prices hovered around $0.25, sparking bullish sentiment among analysts projecting a potential breakout. #Update #Crypto $DOGE (+4) ↗
FOX journalist Eleanor Terrett reports the SEC hasn’t paused its case against @Ripple due to prioritizing cases with imminent deadlines; Ripple’s next court deadline is April 16. #Update #Legal $XRP (0) →
Bitcoin ($BTC) surpassed $98K, while Ethereum ($ETH) and Solana ($SOL) saw gains amid mixed market trends; Story (IP) token surged 68% as top gainer. #Update #Crypto $BTC (+3) ↗
The U.S. Securities and Exchange Commission (SEC) launches the Cyber and Emerging Technologies Unit to combat cyber and crypto-related fraud, led by Laura D’Allaird. #Breaking #Legal SEC (+9) ↗