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news-imageFebruary 28, 2025

Bybit Exploit Loot in Motion: $497M in ETH Scattered Through Covert Transfers Over 4 Days

The latest data from blockchain tracking platforms reveals that the entity behind the Bybit exploit has relocated 230,645.05 ETH (valued at $497.4 million) across multiple transactions completed during a four-day window. This calculated redistribution of ether, executed with methodical precision, highlights both the scale of cryptographic wealth movement.
Publisher: Bitcoin
Sentiment: Negative
ETH

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Negative
cover-imageCrypto Economy
February 28, 2025

Bitcoin & Ethereum Under Pressure as Billions in Options Expire Amid Market Crash

TL;DR Approximately $5.79 billion in Bitcoin and Ethereum options expire today, potentially triggering high volatility in the market. Bitcoin's max pain price is significantly higher than its current level, which could push its price upward. Despite widespread pessimism, institutional traders may use this event to stabilize prices and strengthen liquidity.

Positive
cover-imageThe Currency Analytics
February 28, 2025

Ethereum's 88K Net Inflows Signal Market Recovery

Ethereum (ETH) is showing signs of potential recovery, with recent market trends suggesting that it might have reached its bottom. Over the past few weeks, Ethereum's volatility has decreased significantly, and net inflows into the network have been on the rise.

Negative
cover-imageBenzinga
February 28, 2025

Bitcoin Plummets Below $80,000, Ethereum, XRP, Dogecoin Get Hammered As Crypto Crash Continues

Bitcoin (CRYPTO: BTC) continues to tumble, falling as low as $78,433 in early Friday morning hours amid a record streak of spot Bitcoin ETF outflows. What Happened: According to data from SoSoValue, U.S. spot Bitcoin ETFs have seen $3.2 billion in net outflows over an eight-day period, matching the longest negative streak since their debut.

Negative
cover-imageBenzinga
February 28, 2025

Bybit's Mega Ethereum Hack Sparks Hard Fork Divide—A Choice Between Preventing Kim Jong Un's Nuclear Ambitions And Blockchain Immutability?

The $1.4 billion Ethereum (CRYPTO: ETH) theft from cryptocurrency exchange Bybit has not only sent shockwaves through the market but also revived a long-standing contentious debate—implementing a hard fork to recover hacked funds. The enormity of the hack, considered the biggest in cryptocurrency history, and the involvement of North Korea's state-backed Lazarus Group have motivated these demands.

Negative
cover-imageCrypto Economy
February 28, 2025

Crypto Bloodbath: Bitcoin and Ether Plunge on Tariff Uncertainty

TL;DR Market Plunge: Bitcoin and Ether drop below key levels, $80K and $2,100 as tariff uncertainty shakes investor confidence. Tariff Tension: U.S. tariff hikes on imports stoke fears of trade wars, potentially driving inflation and economic slowdowns. Liquidation Wave: Hedge fund sell-offs trigger over $1.34B in crypto liquidations, dragging down overall market cap by 7.25%.

Negative
cover-imageCryptopolitan
February 28, 2025

Ethereum erases 50% value post-Trump markets

According to the Global Capital Markets analysis team, the Kobeissi Letter, Ethereum (ETH) has shed almost 50% of its value since the end-2024 bull market run that began when President Donald Trump won the US elections. The global crypto market is also down 30% from its 3-month high of $3.895 trillion, according to Coingecko.

Negative
cover-imageTokenpost
February 28, 2025

Ethereum Plunges Over 10%, Hits Multi-Month Low

Ethereum (ETH) tumbled 10.12% on Friday, marking its steepest one-day drop since February 24. Trading at $2,104.07 by 00:54 (05:54 GMT) on the Investing.com Index, ETHs market cap fell to $255.71 billion, representing 9.66% of the total crypto market.

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