BTC Rejected at $100K After $1.5B Bybit Hack, SEC to Halt Coinbase Lawsuit: Your Weekly Crypto Recap
It was a relatively slow and quiet uneventful week for the cryptocurrency markets but Friday turned the tables around with some big news. But before we dive into the major developments that took place earlier today, let’s focus on the price movements over the past week. Recall that the...
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Bybit suffers $1.46b in suspicious Ether outflows
Bybit confirmed its multi-sig cold wallet was breached hours after the crypto exchange increased access to liquidation data for transparency....
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Costa Rica Makes First Foray Into Crypto with New Bitcoin ETF
State-owned Banco Nacional (BN), the largest commercial bank in Costa Rica and one of the biggest in Central America with over $7 billion in assets, is launching a spot bitcoin exchange-traded fund through its investment management arm, BN Fondos, according to local reports. This marks the first time that...
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Bitcoin, Ether Slump as Crypto Prices Dip on Report of Massive $1.4B Bybit Hack
Cryptocurrency prices dropped on Friday, reversing early gains on reports that crypto exchange Bybit was seeing $1.4 billion worth of crypto outflows in a potential security incident. Bitcoin (BTC) slid to near $97,000 after hovering near $100,000 earlier during the day, while ether (ETH) slipped nearly 4%, dipping below...
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Bybit hit with $1.4 billion hack
The hack underscores the urgent need for enhanced security measures in crypto exchanges to protect against increasingly sophisticated cyber threats. The post Bybit hit with $1.4 billion hack appeared first on Crypto Briefing....
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Acre Raises $4M at $90M Valuation, Unlocking Bitcoin-Native Compounding for BTC Holders
[PRESS RELEASE – Dover, Delaware, February 21st, 2025] With its Bitcoin-in, Bitcoin-out model, Acre simplifies compounding for BTC holders while empowering decentralized networks with economic security. Acre, the first Bitcoin platform for compounding BTC, announced today the un-gating of its decentralized application (dApp) alongside a $4 million strategic funding...
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Bybit CEO Confirms Exchange Was Hacked for $1.46B, Hitting Crypto Prices
Cryptocurrency exchange Bybit has experienced $1.46 billion worth of “suspicious outflows,” according to blockchain sleuth ZachXBT. The wallet in question appears to have sent 401,346 ETH ($1.1 billion) as well as several other iterations of staked ether (stETH) to a fresh wallet, which is now liquidating mETH and stETH...
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Lido’s stVaults to go live on Northstake
Lido’s customizable staking setup for Ethereum, stVaults, is coming to Northstake, a regulated platform offering compliant staking for institutions. On Feb. 21, Northstake announced that it was adopting the Lido offering to bring Lido staked ETH (stETH) liquidity to exchange-traded…...
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XRP price could surge after the SEC vs Coinbase deal
XRP may have a new catalyst that could push its price higher following the ongoing consolidation phase. Ripple (XRP) was trading at $2.67 on Friday, where it has remained for the past few days. This price is approximately 50% above…...
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Essential strategies for safe and smart crypto investment
Crypto investing comes with high rewards, but also high risks, making smart strategies essential for success. #partnercontent...
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