On February 21, cryptocurrency exchange Bybit was hit by a hacker attack, resulting in a loss of up to $1.5 billion. This incident sparked a heated debate within the industry about whether Ethereum’s network should be rolled back to recover the losses. However, Ethereum core developer Tim Beiko recently pointed out that this seemingly “redemptive”
Infini Drained of $50 Million—Insider Access Blamed for Security Breach
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.
Bernstein Boldly Predicts Cryptocurrency Bull Market to Last Until 2026, Driven by Stablecoins and Security Tokenization
Investment bank Bernstein has recently released an eye-catching research report predicting that the cryptocurrency market’s bull cycle will last until 2026. This ongoing surge will not only continue the current upward momentum but will also be driven by two emerging forces—stablecoins and security tokenization—leading to a complete reshaping of the
Coinbase (COIN) Shares Drop to Three-Month Low
The Coinbase (COIN) chart shows that, for the first time in 2025, the share price has fallen below the psychological $250 level. Bearish factors impacting COIN: One key factor driving negative sentiment is the confirmed hack of the ByBit cryptocurrency exchange, raising concerns about deposit security in the industry. According to media reports:→ T
SEC Ends Investigation into OpenSea: A Major Win for the NFT Industry
In a significant development for the non-fungible token (NFT) industry, the United States Securities and Exchange Commission (SEC) has officially closed its investigation into OpenSea, one of the world’s largest NFT marketplaces. This decision was announced by OpenSea’s founder, Devin Finzer, on February 21, 2025, through a post on X (formerly Twit
Lazarus Group’s Next Move? Elliptic Warns Stolen Bybit Crypto Headed for Mixers
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.
Bybit Recovers Ethereum Reserves After Massive Hack
Bybit has fully restored its Ethereum (ETH) reserves after suffering one of the largest hacks in crypto history. The exchange’s CEO, Ben Zhou, confirmed the recovery on February 24, just days after losing $1.5 billion in a cyberattack. Source: https://www.cnbctv18.com/technology/bybit-suffers-major-crypto-heist-what-happened-and-what-it-means-for-u
US Bitcoin ETFs See Weekly $559M Outflows; Ethereum ETF Sees $1.61M Inflows Last Week
Bitcoin (BTC) and Ethereum (ETH) ETFs demonstrated mixed trader sentiments, with Bitcoin ETFs experiencing a weekly outflow of…
Fermion Protocol Turns Dolce & Gabbana’s $1M NFT Suit into Shared Ownership
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.
EUR/USD Chart Analysis: Exchange Rate Hits Highest Level Since Early February
The EUR/USD chart shows the euro rising above its previous February peak of 1.05155, set on the 14th. On one hand, the euro’s strength is driven by Germany’s national elections over the weekend, where the opposition conservatives, led by Friedrich Merz, secured victory as expected. Investors are now focused on how quickly Merz’s party can [&h