Bybit has regained half of its Ether reserves following a $1.4 billion cryptocurrency hack that sent shockwaves through the global Web3 industry.On Feb. 21, Bybit exchange was hacked for over $1.4 billion worth of liquid-staked Ether (STETH), Mantle

According to data provided by crypto analytics platform CryptoQuant, Bybit's Ethereum reserves are in the process of recovering.Bybit's ETH reserves plunged from 443,691 ETH to just 63,807 ETH following the devastating $1.4 billion hack that took pl

Tim Beiko, one of Ethereum's lead developers, has clarified that the blockchain cannot be rolled back following the devastating $1.4 billion hack that took place Friday.As Beiko explained, there was no issue with the Ethereum protocol. "From the pers

A death cross, when the 50-day moving average crosses below the 200-day moving average, has been formally confirmed by Ethereum. The indicator could be a herald of progressing pressure on the market, pushing Ethereum even lower. However, things are t

Ethereum’s price action has been volatile in recent weeks, but the asset encountered a significant resistance zone.With strong selling pressure likely at this level, a rejection followed by a short-term decline appears probable.Technical AnalysisBy S

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 f

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 dow

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

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 pseudonym

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,

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, in

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

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

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 wit

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 clo

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/r

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 pric

The U.S. Securities and Exchange Commission acknowledged Wednesday afternoon a 19b-4 filing from Cboe BZX Exchange, on behalf of 21Shares, to seek comments with regards to permitting the staking of the ether held by the 21Shares Core Ethereum ETF.If

Cryptocurrency traders are eyeing a potential reversal in the ratio of SOL to Ether as a series of memecoin scandals sours sentiment on the Solana network. After peaking at more than 0.08 SOL per 1 ETH, the SOL/ETH ratio reversed course on Feb. 15,

London, UK, Feb. 18, 2025 (GLOBE NEWSWIRE) — Ledger Markets Global, a leading name in AI-powered cryptocurrency trading, has announced a game-changing upgrade to its platform, setting new standards for speed, security, and profitability in digital