The crypto market took a slight hit after the Bybit hack, bringing the total value down to $3.14 trillion. Bitcoin is holding around $95K, while altcoins are struggling—Ethereum dropped to $2,715, XRP fell even more, and Solana took the biggest hit, losing over 6%.

The recent $1.4 billion Bybit hack was linked to North Korea's Lazarus Group, which is now trying to launder the stolen funds through mixers, decentralized exchanges, and cross-chain bridges.

Bitrace predicts that OTC services could face a large-scale freeze wave after the massive Bybit hack which resulted in a loss of over $1.5 billion.

Bybit's CEO, Ben Zhou, recently addressed the issue of a rollback of the Ethereum blockchain following the hack carried out by the Lazarus group on February 21, 2025. This hack resulted in the theft of 489,395 ETH, amounting to approximately $1.4 billion, spread across 54 wallets.

Founder of crypto exchange Bybit, Ben Zhou, confirmed a hack on the exchange on Friday, February 21st. Attackers drained ETH worth $1.5 billion from the Dubai-based exchange, leaving several users in panic.

A rogue developer who retained admin rights after project delivery is the prime suspect in the theft of $50 million in USDC from the crypto payments firm.

Although the cryptocurrency market is recognized for its volatility, high risk investments, can sometimes result in enormous benefits. Although Bitcoin dominates headlines, altcoins often steal the show for early investors, turning modest bets into massive wins.

Infini, a newly popular crypto card and banking service, faced an exploit for $49M in USDC.

The crypto market never sleeps, and is already shaping up to be an exciting month for investors. With Bitcoin and Ethereum stabilizing after their recent rallies, attention is shifting toward high-potential altcoins that are bringing real-world utility and groundbreaking innovations.

OX.FUN, a hybrid perps crypto exchange backed by co-founders of the failed Three Arrows Capital hedge fund, is under scrutiny as data suggests it holds mostly its own OX token. Gamified crypto derivatives exchange OX.

Stablecoin bank Infini suffered a massive security breach on Monday, just days after the attack on the Bybit exchange.

Altcoins are gaining ground again, but this time, the scenario seems different. Historically, each altseason was triggered by a rotation of capital from Bitcoin to alternative cryptos, leading to a widespread market rally.

On Feb. 21, 2025, Franklin Templeton, a major global asset management firm, filed with the U.S. Securities and Exchange Commission (SEC).

The exploit involved an attacker using compromised admin privileges on a smart contract, according to security analysts.

Bybit has launched a blacklisted wallet API to aid in the recovery of funds stolen in a $1.4 billion hack linked to the Lazarus Group.

Fermion Protocol, a new project on the Base network, is launching with an unusual offering—fractional ownership of a $1 million Dolce & Gabbana digital suit.

Malaysian Prime Minister Anwar Ibrahim announced that Malaysia and Bahrain are deepening economic ties, focusing on cryptocurrency, the Sandbox platform, tourism, connectivity, and manufacturing. Bahrain also pledged support for upcoming Asean-GCC summits. Anwar's visit, at the invitation of Bahrain's Crown Prince, aims to strengthen bilateral cooperation and benefit both nations' economies.

Hackers may launder Bybit's $1.4B stolen funds through crypto mixers, but the large asset volume could complicate the process, Elliptic warned. The post Bybit Hack Proceeds May Now Be Routed Through Mixers: Elliptic appeared first on Cryptonews.

Digital currencies offer incredible money-making opportunities. However, when it comes to trading cryptocurrencies, the markets are so volatile that even if you anticipate a coin's trajectory correctly, you still need to exit your trade at precisely the right moments to ensure a profit.

eXch, a cryptocurrency exchange, has rejected claims that it helped launder money stolen in the recent Bybit security breach.

Recent reports suggest that rapper and entrepreneur Kanye West, now known as Ye, may have sold his X (formerly Twitter) account to Barkmeta. The sale allegedly comes ahead of a planned crypto launch.

Crypto-focused neobank Infini has reportedly suffered a $49.5 million exploit, with stolen funds being swapped to DAI and used to purchase ETH. CertiK first flagged suspicious activity on Feb.

Following the $1.4 billion Bybit hack on Friday, Hong Kong-based stablecoin digital bank Infini suffered a security breach draining nearly $50 million USDC. The post Stablecoin Bank Infini Hit by $49.5M Exploit, Founder Vows Full Repayment appeared first on Cryptonews.

Based on past behavior, the Lazarus Group could start using mixers to obfuscate the stolen funds, but it may prove more challenging this time due to the sheer volume of stolen assets.

Crypto exchange eXch has denied allegations of laundering funds for North Korea's Lazarus Group following the $1.4 billion Bybit hack.

eXch exchange refutes claims of laundering $35 million from the $1.4 billion Bybit hack, asserting its operations remain unaffected.

The crypto world is buzzing with controversy after hackers stole a staggering $1.4 billion from Bybit on February 21, making it the biggest crypto hack in history. The attack, which saw cybercriminals gain control of Bybit's Ether multisig cold wallet, has been linked to North Korea's Lazarus Group.

The crypto industry is rallying to recover funds stolen in the $1.5 billion Bybit hack, with exchanges freezing nearly $43 million just two days after the attack. A coordinated effort among centralized and decentralized platforms has led to the swift blacklisting of hacker-linked addresses, blocking stolen assets across multiple chains.

Ethereum multisig wallet provider Safe wallet has announced that it will gradually restore its services with improved security features within 24 hours. This comes after the $1.

OKX Ventures' founder Jeff Ren told Cointelegraph that fund-worthy crypto startups are ones that combine solid tech with an ability to adjust as the market evolves.

A staggering 95% of cryptocurrency investors in Latin America plan to increase their holdings in 2025, according to a Binance Research survey of over 10,000 investors from Argentina, Brazil, Colombia, and Mexico. The study found that 40.1% of respondents intend to buy more crypto within three months, 15.3% within six months, and 39.7% within a year.

Bybit, the worlds second-largest crypto exchange by trading volume, has launched a new API to track and blacklist suspicious wallet addresses. This initiative, backed by top white-hat hackers and security experts, aims to expedite the recovery of stolen funds from a recent major hack.

Onchain sleuth ZachXBT and Nick Bax, a member of a white hat hacker group, both allege that eXch was used by the Lazarus Group to launder $35 million from the Bybit hack.

The mining rig maker Bgin Blockchain has filed to go public in the US in an offering that's expected to raise around $50 million.

As the global bitcoin markets pick up steam again, Hong Kong and Singapore, two of Asia's financial giants, are vying to become the top cryptocurrency destinations. Both cities are exploring regulatory changes and investment-friendly rules in an effort to attract digital asset firms and position themselves at the forefront of the industry's growth.

An analyst known for calling the November 2021 crypto bull cycle top believes that the altcoin market is about to witness the return of bullish momentum.

After the LIBRA scandal, some crypto VCs say memecoins are finished — others think they'll never go away. Which is it?

While the cryptoverse is still reeling from the $1.5 billion Bybit hack, its peers have launched a concerted effort to recover looted funds. A Bybit statement confirms that the coordinated effort led to the freezing of nearly $43 million barely two days after the jarring security breach.

Cryptocurrency companies have reportedly reentered the sporting world amid a new resurgence in their industry. As the Financial Times (FT) reported Sunday (Feb. 23), crypto firms are increasing their investments and sponsorships of sporting teams, in hopes of tapping into enthusiasm for the sector brought about in part by Donald Trump's presidency.

Memecoins and other social tokens continue to draw debate following the implosion of the Libra token promoted by President Javier Milei.

Memecoins and other social tokens continue to draw debate following the implosion of the Libra token promoted by Argentine President Javier Milei.

The U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce says that the public's input is necessary to bring greater crypto clarity. In a statement, the longest-serving commissioner on the board asks for public feedback on key areas that can establish clear rules of the road for the crypto industry.

The helmet of four-time world champion Formula One racer Max Verstappen will bear crypto exchange Gate.io's logo this season.

Bybit is offering a bounty of up to 10% of the stolen funds for white hat hackers who successfully recover crypto from the Lazarus Group.

Rosseti's North Caucasus grid lost over 600 million rubles to illegal crypto mining.

Bybit, a major cryptocurrency exchange, has addressed the massive security breach that resulted in the theft of $1.4 billion in digital assets. Bybit Claims it Endured $1.4 Billion Digital Asset Theft With Swift Withdrawals and Strong Reserves Bybit officials say the hack took place on Feb.

The chief executive of the crypto exchange Bybit is assuring customers that the firm can meet all withdrawal requests following a massive cybersecurity incident. On Friday, Bybit witnessed a major security breach that allowed thieves to siphon $1.4 billion worth of Ethereum (ETH) and stETH from the exchange's cold wallet.