Bybit Hackers Launder $771 Million
Bybit hackers laundered an additional 62,200 ETH worth $139 million, raising total stolen funds to $771 million. FBI urges blocking of suspicious transactions. #Breaking #Crypto $ETH (+9) ↗
Bybit hackers laundered an additional 62,200 ETH worth $139 million, raising total stolen funds to $771 million. FBI urges blocking of suspicious transactions. #Breaking #Crypto $ETH (+9) ↗
@BitwiseInvest CIO Matt Hougan says crypto needs a new narrative as North Korean hackers launder $1.5B through memecoins, impacting the asset class’s reputation. #Breaking #Crypto $ETH (-9) ↘
@21Shares identifies the Bybit hack as the largest in internet history, with funds stolen representing 7.50% of Bybit’s $20 billion assets; Bybit restored reserves within 72 hours. #Breaking #Crypto $BTC (-9) ↘
@Bybit CEO Ben Zhou confirms the exchange has restored 1:1 asset backing after a $1.5B hack linked to Lazarus Group, with services fully operational and proof-of-reserves verified. #Breaking #Crypto $ETH (-9) ↘
Bybit’s $ETH reserves are recovering post-hack, with inflows of 139,000 ETH worth $390M aided by crypto whales and firms like Bitget and MEXC. #Breaking #Crypto $ETH (+8) ↗
@CryptoFaibik reports $SEI surged 16% amid market instability post-Bybit hack, showing resilience with potential for significant growth. #Update #Crypto $SEI (+3) ↗
Bitcoin advocate Samson Mow calls for an Ethereum hard fork after North Korean hackers stole $1.4B in ETH from Bybit, suggesting a rollback to prevent misuse. #Breaking #Crypto $ETH (-8) ↘
@Bybit experienced a $1.5B Ethereum heist by Lazarus Group using blind signing, leading to a $5B withdrawal surge, but operations remain stable. #Breaking #Crypto $ETH (-9) ↘
@Bybit confirms a $1.44 billion hack linked to North Korea’s Lazarus Group, impacting $ETH price by 4% to $2,640. #Breaking #Crypto $ETH (-9) ↘
Hackers infiltrated @Bybit, stealing 401,346 $ETH worth over $1.46 billion from a cold wallet; market volatility followed the breach. #Breaking #Crypto $ETH (-9) ↘
@Bybit introduces a physical card for global users, offering up to 2% cashback in $USDT and $AVAX, integrated with Samsung Pay and Google Pay. #Update #Crypto $USDT (+3) ↗ (Source: Hodl.Press)
Hodl.Press: @Bybit CEO Ben Zhou reveals actual crypto liquidation volumes on February 3, 2025, were $8-$10 billion, much higher than reported by platforms like CoinGlass. #Update #Crypto (+3) ↗
@Bybit CEO Ben Zhou outlined 2025 plans focusing on user experience improvements, including the Bybit Card and AI integration, with strategic partnerships in stablecoins and blockchain protocols, supporting a $36 billion daily trading volume. #Update #Crypto (+5) ↗
Real Vision co-founder Raoul Pal predicts a ‘Banana Singularity’ for crypto, while Russia seizes $10M in Bitcoin. @Bybit halts its services in India amid regulatory concerns. #Update #Crypto $BTC (-3) ↘