Bitcoin faced heavy selling pressure with outflows reaching $571 million. A portion of investors even bet against the flagship cryptocurrency, pouring $2.8 million into short-Bitcoin positions.

Whether you're a beginner looking for a seamless entry into trading or an advanced user seeking innovative financial products, Backpack has something for everyone.

Changpeng Zhao has addressed millions of X followers to share how to preserve their crypto secure.

The European Union has rolled out a new round of sanctions, adding crypto exchange Garantex, which was already blacklisted by the U.S. Treasury's OFAC.

Infini has vowed to compensate all affected users.

Most people assume that crypto's most popular financial instruments are tokens, but index funds are gaining significant traction. In traditional finance (TradFi), index-based funds have historically outperformed single-asset funds in terms of assets under management (AUM), providing investors with diversified exposure while mitigating risk.

Bgin Blockchain Limited, a Singapore-based manufacturer of cryptocurrency mining rigs, has filed for an initial public offering (IPO) in the United States, aiming to raise up to $50 million. The filing was submitted to the U.S. Securities and Exchange Commission (SEC) on February 21, 2025.

ZachXBT and SlowMist claim eXch processed $35 million in stolen Bybit funds, but the exchange insists it was an isolated case.

Arkham Exchange, the 2024 founded centralized crypto trading platform operated by the Blockchain analytics firm, Arkham Intelligence, announced on Saturday that it will expand its spot trading services to 17 U.S. states. Starting from March 1, this move by Arkham follows after it launched USDT-based perpetuals exchange last year in November, securing substantial market share.

Binance will open trading for these new pairs starting from February 25, 2025, at 08:00 (UTC).

Hackers stole 400,000 ETH—worth $1.5 billion—right from Bybit's cold wallet. Security experts, including ZachXBT, quickly traced the attack to the infamous Lazarus Group.

Singapore-based Bgin Blockchain Limited has filed with the U.S. Securities and Exchange Commission for an initial public offering (IPO) expected to raise up to $50 million. The company plans to offer approximately 59.54 million Class A ordinary shares and 15.

An altcoin season occurring in this current bull market cycle has become a heated topic in the crypto sector lately, with uncertainty observed among the majority of crypto enthusiasts.

Crypto markets need to monitor several key US economic data points this week, given the abounding influence of macroeconomic events on Bitcoin (BTC).

Deribit, the world's largest cryptocurrency derivatives exchange, is setting its sights on expanding into Hong Kong, as the city intensifies efforts to become a leading hub for virtual assets. The post Deribit Plans Hong Kong Expansion as City Pushes to Become Virtual Asset Hub appeared first on Cryptonews.

The crypto market has just turned down again early on Monday. Total2 (market capitalisation of all cryptocurrencies, excluding $BTC) has declined 4.2% so far on the day, and even major alts, such as $ETH, are down more than 5%.

Rejuve.AI has officially announced a significant airdrop event set to begin on March 3, 2025, during which it will distribute a total of 50 million RJV tokens.

eXch has denied allegations of laundering money for North Korea's Lazarus Group following the $1.4 billion hack on Bybit on February 21. The post Non-KYC Exchange eXch Denies Helping Lazarus Group Launder Stolen Funds from Bybit Hack appeared first on Cryptonews.

Bybit replenishes reserves after $1.4B ETH hack, but the case highlights growing security risks and North Korean-linked crypto hacks.

Investors are cautious amid uncertainty around trade tariffs, inflation and monetary policy, Head of Research James Butterfill said.

The market stands at a pivotal crossroads, leaving investors wondering if this is the end of the bull run or a temporary pullback

TL;DR Infini was hacked for $50 million by a developer who retained administrative privileges post-project completion, raising serious security concerns in the DeFi ecosystem. The attacker used 1 ETH from Tornado Cash to fund the hack, transferred $49.52 million worth of USDC through a custom contract, and swapped it for DAI to avoid detection.

Blockchain analytic firm Elliptic shared a key insight into the Bybit hack. The platform predicts that the hackers, now identified as the notorious Lazarus group, are likely to launder the stolen funds using crypto mixers.

CryptoQuant CEO Ki Young Ju argues that meme coins are rooted in Carl Jung's concept of the collective unconscious.

Crypto exchange eXch has denied allegations that it was involved in laundering the funds stolen from Bybit, following claims from several sources. eXch has denied allegations of laundering funds stolen from Bybit.

Based on historical patterns, the Lazarus group is currently in the second stage of the laundering process.

Hackers breached the platform's system, stealing USDC stablecoins before swiftly converting them into Ethereum and transferring them to a new wallet.

Bybit lost $1.4B in a massive hack linked to the Lazarus Group. eXch denies laundering, calling allegations “FUD” and defending its role.

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.

Following ByBit's $1.4B hack, the crypto market is experiencing significant corrections, reflecting a bearish momentum. As a result, investors are exploring potential bear market outlooks, especially since more than $500 million has been liquidated across the cryptocurrency market since February 21.

Infini, a stablecoin payment platform, has suffered a $50 million exploit, with investigators pointing to a developer who allegedly kept administrative access after completing their work.

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.

Safe Wallet, the Ethereum multisignature wallet security provider that temporarily paused certain functionalities following Bybit Hack, announced this morning that it has added an additional layer of security measures. Aiming for a phased roll-out within the next 24 hours, the step comes as a part of Safe Wallet's ongoing improvisation and protective efforts since the

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.

The hackers behind the $1.4 billion theft from Bybit are likely attempting to cover their tracks by laundering the funds through mixers, according to Elliptic, a blockchain security company.

Many attempts in this regard, however, have already been blocked.

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.