Strategy aims to raise $2 billion in additional funding through a private offering of 0% convertible senior notes. In a statement, the largest corporate holder of Bitcoin (BTC) says the proceeds will be used for general corporate purposes, including the acquisition of the flagship crypto asset and working capital.
Bybit co-founder and CEO Ben Zhou said Friday that the platform is struggling to keep up with withdrawal requests after a $1.4 billion hack.
Cryptocurrency exchange Bybit said on Friday that an attacker gained control of an ether wallet and transferred the holdings to an unidentified address.
In a tweet, legendary trader Peter Brandt drew attention to a key time frame for Bitcoin (BTC) holders, suggesting that Feb. 24-26 could be a pivotal period for the market.
The Singapore-based crypto exchange Bybit says it's suffered a major security breach involving its Ethereum (ETH) cold wallet. According to the crypto analysis firm Arkham, about $1.4 billion in ETH and stETH has been taken.
Recent fluctuations in Ethereum's price range have become a point of focus for both market analysts and investors. Currently, Ethereum (ETH) trades at approximately $2,818, indicating that the market is moving cautiously. Key price levels are expected to significantly influence Ethereum's price trajectory 1in the near term.
BN Fondos has launched the first Bitcoin and S&P 500-focused investment funds in Central America, positioning itself as a pioneer in the region's financial sector.
TL;DR Bybit suffered a cyber attack, resulting in the theft of over $1.4 billion in stETH and MegaETH (mETH). The exchange's CEO confirmed that the attackers manipulated a transaction in a multisignature wallet to steal funds, but assured that the other cold wallets are secure.
Altvest Capital has picked Bitcoin as its treasury asset, citing superior security, liquidity, and store-of-value characteristics over other digital assets.
Bybit's Ethereum cold wallet was drained in a transaction upgrade attack, draining $1.46B in funds. The exchange remains solvent and will continue operations, as only one multisig wallet was affected.
Ethereum faced steep losses Friday after a security breach at Bybit drained an estimated $1.4 billion from the exchange. Ethereum Faces 2.6K Low Following the Hack—Can Recovery Hold? Bybit's CEO confirmed on Feb.
He warned that not pursuing such a policy be risky, claiming that “there's only room for one nation-state to buy up 20% of the network.”
XRP has surged ahead of Ethereum in trading revenue on Coinbase, marking a significant milestone for the asset.
Long-term Bitcoin holders reduce selling by 60%, signaling confidence in a potential $120K price surge.
Bitcoin has been on a remarkable recovery path, with many predicting the cryptocurrency could soon break the $100,000 barrier. However, recent trends suggest that this rally may face significant challenges.
The crypto exchange ByBit has been hacked, and roughly $1.5 billion in Ethereum (ETH) has been stolen — making this one of the biggest hacks in history. On Feb. 21, the crypto trading platform stated on social media platform X that it detected unauthorized activity involving one of its Ethereum cold wallets.
In a development that could have a significant impact on the Ethereum price, cryptocurrency exchange Bybit has confirmed a major security breach involving its ETH cold wallet.
A Fidelity Digital Assets report indicates that Bitcoin's primary scaling solution is growing at roughly twice the rate shown by public data because much of its network activity remains private.
Bybit founder Ben Zhou has confirmed that the cryptocurrency exchange suffered a $1.4 billion Ethereum (CRYPTO: ETH) hack, making it one of the largest security breaches in recent history. The attack, which targeted Bybit's Ethereum cold wallet, resulted in the loss of 401,347 ETH ($1.12 billion), 90,376 stETH ($253 million), 15,000 cmETH ($44 million), and 8,000 mETH ($23 million), according to Onchain Lens.
Bybit confirmed its multi-sig cold wallet was breached hours after the crypto exchange increased access to liquidation data for transparency.
Conference Bitcoin Afrique aims to empower the French-speaking Bitcoin community across Africa.
It will mark the first time that Costa Ricans will have access to any type of crypto investment product through the country's banking system.
South African AltVest Capital plans to add Bitcoin to its treasury reserve. AltVest Capital plans to raise $10 million to buy more Bitcoin.
The crypto market experienced a significant downturn after Bybit, a prominent cryptocurrency exchange, announced a devastating hack involving $1.5 billion worth of cryptocurrencies. This incident marks the largest crypto hack to date. Recent updates, including statements from the CEO, confirm that Bybit was compromised, resulting in the loss of approximately $1.5 billion in Ethereum.
On Friday, onchain investigators including Arkham Intelligence and Zachxbt identified an alleged “security incident” involving more than $1 billion in outflows from Bybit. Onchain Experts Report $1B+ Outflow From Bybit in Latest Security Incident The incident saw $1.
Crypto exchange Bybit was attacked Friday, CEO Ben Zhou confirmed, with more than $1.4 billion worth of funds apparently swiped.
Bybit confirmed a series of malicious transactions, which redirected $1.46B from its cold wallets to unauthorized addresses.
Cryptoquant founder and CEO Ki Young Ju has revealed that the altcoin season has kicked off because stablecoin holders were favoring alts. Altcoins volume has also reached 2.7x that of Bitcoin.
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A hacker took control of an ETH cold wallet on the Bybit exchange on Feb. 21, stealing over $1.4 billion in funds.
Bybit, the Singapore-based centralized crypto exchange, according to several crypto security experts and researchers.
The move happened as crypto exchange Bybit saw a sudden $1.4 billion worth of ETH outflow.
FPPS is not a sustainable model for pooling mining operations in the long term.
BTC traded as high as $99,497.97 before retreating, but the dominant digital asset has been gradually edging towards the $100,000 barrier, with bears getting squeezed on shorts to the tune of $128.35 million. Bitcoin Nears $100K But Meets Resistance Bitcoin (BTC) is edging closer to the highly anticipated $100,000 milestone, trading at $99,207.
In a developing story, the Bybit exchange is suspected to have been hacked for over $1.4 billion. This comes following a report from on-chain sleuth ZachXBT about ETH outflows from the crypto exchange.
BTC dumped by over two grand within minutes.
A recent report shows Russia's Bitcoin mining sector expanded 7% in 2024, reaching 136,600 units, driven by an increase in mining farms. However, this growth raises concerns about energy consumption, regulation, and the strain on Russia's power grid, as many mining operations remain unregistered. The post Russia's Bitcoin Mining Sector Records Growth as Mining Farms Increase by 7% in 2024: Report appeared first on Cryptonews.
Donald Trump's interest in the world of cryptocurrencies is not new, but his recent approach to crypto regulation could represent a decisive turning point for the sector as a whole, thanks to the idea of a Bitcoin reserve.
Bitcoin is targeting six figures as a welcome break from rangebound trading continues for BTC price bulls.
Ethereum has been attempting to reclaim the $2,800 level for days, but bears continue to apply selling pressure, keeping the price below this key resistance. Despite this, demand remains strong, with bulls successfully holding ETH above the crucial $2,600 support level.
Bitcoin jumped to its highest price in more than a week Friday after Coinbase said the SEC will drop its charges, pending approval.
Pepe coin has entered a bear market this year after plunging 65% from its all-time high. Pepe (PEPE), the second-biggest Ethereum (ETH) meme coin after Shiba Inu (SHIB), has plunged to the key support at $0.000010.
The SEC's latest move towards dropping its lawsuit against Coinbase could not only boost sentiment for crypto tokens once considered securities under the previous administration but also positively impact Robinhood's (HOOD) stock, a major player in the crypto exchange space.
Ethereum price is on a strong upward momentum, supported by a favourable crypto market sentiment, as well as DeFi and ETF growth.
Bitcoin ETF products have now crossed the $750 billion in volume generated.
BlackRock's Bitcoin ETF now holds over 50% of the market despite rising outflows, while Bitcoin's price remains resilient amid industry concerns over price action.
Michael Saylor proposes a bold vision: the United States should acquire 20% of the circulating bitcoins. In a speech at CPAC, he stated that such a strategy could not only strengthen the dollar but also help pay off the national debt.
In just over a year since their introduction, U.S. spot Bitcoin exchange-traded funds (ETFs) have reached a significant milestone, surpassing $750 billion in total trading volume.