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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iDEGEN’s AI “self-aware” rumors spark mania around presale
iDEGEN, the AI meme coin fueled by Crypto Twitter chaos, raises $23.8m ahead of its presale on February 27th. #partnercontent...
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Litecoin daily transactions ballooned by ETF buzz
Growing confidence in a spot Litecoin ETF approval surged the blockchain’s activity to nearly $10 billion in daily transactions....
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Bitcoin Price Crashes on Reports of Alleged $1.5B Bybit Security Incident
Several reports emerged in the past minutes that one of the world’s leading crypto exchanges, Bybit, was compromised for roughly $1.5 billion in digital assets. Although the news is yet to be officially confirmed, the panic spread rapidly, causing an immediate price crash for BTC and most altcoins. Seems...
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