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Ether has jumped 5.80% in the last 24 hours to reach over $2,830 on Feb. 23, wiping out the minor losses incurred following the Bybit hack two days ago.Key drivers behind the Ethereum native token’s upside moves are:Bybit replenishing ETH reserves following the hack.Ethereum core developer rubbishi…
Ether needs a break above the key $3,000 psychological level to reverse its two-month downtrend, which now hinges on investor sentiment following the largest financial hack in crypto history.The world’s second-largest cryptocurrency has been in a downtrend since peaking above $4,100 on Dec. 16, 2024…
The demand for bitcoin on US soil has seemingly disappeared, at least when it comes down to purchases through locally based exchange-traded funds.In fact, data from FarSide shows that February has been a particularly negative month for BTC ETFs, with withdrawals dominating most days.BTC ETFs See Mos…
Top Stories of The WeekBybit exchange hacked, over $1.4 billion in ETH-related tokens drainedCryptocurrency exchange Bybit has been hacked for over $1.4 billion in liquid-staked Ether, Mantle Staked ETH and other ERC-20 tokens, according to pseudonymous onchain security analyst ZachXBT, who spotted …
On Friday, cryptocurrency exchange Bybit was allegedly hacked by North Korea’s Lazarus group, which drained nearly $1.4 billion in ether from the exchange.Following the hack, Arthur Hayes, BitMEX co-founder and claiming to be a major ether holder, wrote a post on X to Ethereum co-founder Vitalik B…
As the cycle progresses, many investors are awaiting the long-anticipated Altseason, with opinions split on whether it will happen. Several market watchers have affirmed that Altcoins (Alts) are getting ready for an explosive breakout, but others, including CryptoQuant’s CEO, have suggested a differ…
Arthur Hayes, BitMEX co-founder and major ether holder, asked Ethereum co-founder Vitalik Buterin to rollback the network in order to assist hacked exchange Bybit, which lost nearly $1.4 billion in ether on Friday."@VitalikButerin will you advocate to roll back the chain to help @Bybit_Official. M…
Cryptocurrency prices dropped on Friday, reversing early gains on reports that crypto exchange Bybit was seeing $1.5 billion worth of crypto outflows in a potential security incident.Bitcoin slid to near $97,000 after hovering near $100,000 earlier during the day, while ether slipped nearly 4%, di…
Hong Kong may soon see the introduction of staking services for crypto exchange-traded funds and other advanced products, such as derivatives trading, following the release of a new industry roadmap. Major local crypto firms are actively in talks with the region's top financial regulator, The Block …
Today, approximately $2.04 billion worth of Bitcoin and Ethereum options are set to expire, creating significant anticipation in the crypto market.Expiring crypto options often leads to notable price volatility. Therefore, traders and investors closely monitor the developments of today’s expiratio…
SafelloStockholm, 21 February 2025 | Today, Safello Group AB (“Safello”) publishes the company’s year-end report for the fourth quarter (1 October–31 December) 2024. The report is attached hereto and can be found on https://safello.com/sv/investors/reports/https://safello.com/investors/reports.Summa…
XRP has surged nearly 7%, making it the strongest-performing cryptocurrency over the past 24 hours. This rally is driven by news of ongoing work on the world’s first spot XRP ETF, set to debut soon in Brazil.Let’s take a closer look at why XRP’s price is rising, the latest XRP news, and what analyst…