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news-imageFebruary 22, 2025

Crypto VC funding: Blockaid secures $50 million, Cygnus raises $20 million

The third week of February saw major investments in security and infrastructure, with Blockaid leading the way with a $50 million Series B round.
Publisher: Crypto news
Sentiment: Positive
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Negative
cover-imageCryptopolitan
February 22, 2025

Crypto trader kills himself on X live to create a meme coin

A crypto trader known as MistaFuccYou shot himself live on X (formerly Twitter) after losing his last $500 in a meme coin rug pull on Friday night. Before pulling the trigger, MistaFuccYou loaded a revolver on stream and said: “If I die, make me a meme coin.

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Positive
cover-imageCrypto Reporter
February 22, 2025

4 Best Cryptos to Invest in for Short Term: Top Picks for February 2025

Cryptocurrency is moving faster than ever in 2025. With institutional adoption, government regulations evolving, and blockchain innovations pushing the market forward, it's an exciting time to be an investor. If you're looking for the best cryptos to invest in for the short term, you've come to the right place.

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Negative
cover-imageBenzinga
February 22, 2025

North Korea's Lazarus Group Suspected in $1.4 Billion Bybit Crypto Hack

North Korea's infamous Lazarus Group is suspected to be the mastermind behind the $1.4 billion Ethereum (CRYPTO: ETH) hack on cryptocurrency exchange Bybit, as per findings from blockchain data platform Arkham Intelligence. What Happened: According to the report, Lazarus Group, a state-sponsored hacking organization from North Korea, is believed to have pilfered over $1.4 billion worth of Ethereum and related tokens from Bybit last Friday.

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Neutral
cover-imageBitcoin
February 22, 2025

Bybit's Hack Handling Earns Commendation From Former Binance CEO

A $1.4 billion hack at Bybit prompted former Binance CEO Changpeng Zhao, known as CZ, to commend Bybit's chief executive, Ben Zhao, for his transparent and measured response. Massive Bybit Hack Spurs CZ to Warn: ‘We Should Never Take Security for Granted' The breach, linked to sophisticated North Korean hackers, targeted Bybit's multi-sig cold storage.

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Positive
cover-imageBeInCrypto
February 22, 2025

Top 3 Meme Coins To Watch For The Last Week of February

DOGEai, TST, and BROCCOLI are three meme coins drawing attention for the last week of February. DOGEai, launched on Solana, is up 110% in the past seven days, positioning itself as a leading AI meme coin.

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Positive
cover-imageNewsBTC
February 22, 2025

Altseason On The Way? Key DeFi Developments Signal Major Crypto Surge

In every market cycle, the altseason is an anticipated period for investors marked by a general altcoins' price outperformance against Bitcoin. However, there have been many doubts over an altseason in the current bull run with crypto analysts citing a surge in the number of altcoins over the last four years.

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Positive
cover-imageCrypto Economy
February 22, 2025

Easily Earn Crypto with STG Energy – Your Gateway to Passive Income

The cryptocurrency market is booming, and cloud mining is becoming one of the easiest ways to earn passive income. With more and more countries accepting digital currencies such as Bitcoin (BTC), Tether (USDT), and Litecoin (LTC), now is the best time to seize this lucrative opportunity.

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Positive
cover-imageCryptoSlate
February 22, 2025

America is back on track in reclaiming crypto leadership

The following is a guest post from Steven Pu, Co-founder of Taraxa. There's no question about it, President Trump's inauguration is a watershed moment for American crypto innovators.

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Negative
cover-imageCoingape
February 22, 2025

US SEC Faces Backlash as Bybit Hack Highlights Lack of Oversight

John Reed Stark has highlighted the U.S. Securities and Exchange Commission's (SEC) decision to scale back crypto-related enforcement as a critical factor contributing to increasing security risks in the digital asset sector. His comments come in the wake of a hack targeting crypto exchange Bybit, where North Korean hackers allegedly stole $1.5 billion in customer

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Positive
cover-imageCoingape
February 22, 2025

Just In: Bybit Launches $140M Recovery Bounty for Crypto Hack Investigation

Bybit has announced a $140 million Recovery Bounty Program seeking to enlist cybersecurity and crypto analytics experts to track down the perpetrators of the largest crypto heist in history. Contributors stand to earn up to 10% of the recovered funds, potentially amounting to $140 million if the full sum is retrieved.

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Neutral
cover-imageBitcoin
February 22, 2025

Bybit Announces Stolen Funds Recovery Initiative Following $1.4B Hack

Bybit has launched a recovery bounty program offering rewards for retrieving stolen cryptocurrency funds. Crypto Exchange Bybit Initiates Recovery Bounty The Dubai-based cryptocurrency exchange, Bybit, has initiated a recovery bounty program following a security breach that compromised ETH valued at over $1.4 billion. The program promises a reward equal to 10% of recovered funds.

general-iconGeneral
Positive
cover-imageBitcoinist
February 22, 2025

Crypto Victory: SEC Agrees To Drop Enforcement Case Against Coinbase – Details

In a positive development for the crypto industry, the US Securities and Exchange Commission (SEC) plans to end its 20-month-long legal battle against crypto exchange platform Coinbase and withdraw the enforcement case, a shift from the agency's previous “regulation by enforcement” approach.

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Negative
cover-imageBitcoinist
February 22, 2025

$5.7M Bybit Crypto Scam Lands Ex-Employee Nearly 10 Years in Prison—Details

A former payroll processing staff member at Bybit, Ho Kai Xin, has recently been sentenced to nine years and 11 months in jail on February 20. The charges stemmed from her fraudulent activities that involved defrauding ByBit Fintech, a Seychelles-based cryptocurrency exchange, of over $5.7 million.

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Negative
cover-imageCoingape
February 22, 2025

Binance Founder Reflects on Bybit Hack, Prioritizes Security

The recent Bybit hack through which the notorious Lazarus Group stole $1.4 billion in ETH has triggered alarm in the crypto space. Binance founder Zhangpeng Zhao took to X to reflect on increasing crypto thefts, including the massive Bybit heist.

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Negative
cover-imageCrypto news
February 22, 2025

Lazarus Group identified in $1.5b Bybit hack: Arkham

On-chain investigator ZachXBT has identified North Korea's Lazarus Group as the team behind the billion-dollar Bybit hack, winning a 50k ARKM bounty for solving the case.

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Positive
cover-imageCryptopolitan
February 22, 2025

Crypto firm BitFuFu acquires data center in Oklahoma for $20M

Crypto mining firm BitFuFu has acquired a data center in Oklahoma for $20 million. According to reports, the NASDAQ-listed firm revealed that it has signed a definitive agreement, making it one of the majority owners of the operational Bitcoin mining data center.

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Positive
cover-imageCoingape
February 22, 2025

IQ AI Launches Agent Tokenization Platform (ATP) to boost economy around AI Agents

In a groundbreaking move that can redefine artificial intelligence (AI) monetization, IQ AI on Friday officially launched the Agent Tokenization Platform (ATP). Launched in collaboration with NEAR and Fax, the revolutionary platform aims to empower AI developers, businesses, and individual users by enabling the seamless tokenization and monetization of AI models through blockchain technology.

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Positive
cover-imageCryptoSlate
February 22, 2025

Beyond memes: Memecoins with utility value

The following is a guest post from Shane Neagle, Editor In Chief from The Tokenist. Value is driven by many narratives, which compete for supremacy.

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Negative
cover-imageBitcoinist
February 22, 2025

The $1.5B Bybit Hack: Protect Your Assets with Best Wallet Token

In a significant security breach, Bybit, one of the leading cryptocurrency exchanges, found itself at the center of a devastating hack. The attackers made off with a staggering $1.5B worth of ETH, sending shockwaves throughout the crypto space.

general-iconGeneral
Negative
cover-imageCoingape
February 22, 2025

Who Are the Lazarus Group Hackers? Unveiling the Mystery Behind Bybit's $1.4B Breach

On February 21, 2025, a $1.4 billion breach struck Bybit, a major player in the cryptocurrency exchange sector, alarming the entire industry. Blockchain investigator ZachXBT quickly identified the Lazarus hacker Group, the infamous state-sponsored hacking team from North Korea, as the culprits behind the scheme.

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Negative
cover-imageCoinPedia
February 22, 2025

Crypto Market Hit Hard as $566 Million Liquidated After $1.4B Bybit Hack

The crypto market took a hit as $566 million was liquidated in just one day. Major altcoins like XRP, Solana (Sol), Dogecoin (DOGE), & Shiba Inu (SHIB) all plunged into the red. The global crypto market cap also dropped by 2% now sitting at 3.17 trillion.

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Negative
cover-imageCoinPedia
February 22, 2025

Largest Crypto Hack Ever : The Story Behind Bybit's $1.4 Billion Hack

In the largest hacking event in the history of the cryptocurrency industry, Bybit has lost approximately $1.4 billion in stETH, mETH, and ERC-20 tokens. The incident has sent shockwaves across the industry. It proves that even centralised exchanges with strong security tools are vulnerable to cyberattacks.

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