BybitSecurityBreach
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Bybit has detected unauthorized activity on one of its ETH cold wallets, compromised through a sophisticated attack manipulating the signing interface. The incident does not affect client funds, and all other cold wallets remain secure, according to Bybit.
With increasing crypto exchange security threats, how should platforms enhance cold wallet protection? Discuss below!
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Binance Co-Founder and Former CEO Offer Support Amid ByBit's $1.4 Billion ETH Hack
Following Bybit’s confirmation of a $1.4 billion Ethereum (ETH) security breach, Binance executives have extended their support, reinforcing the industry's collaborative stance on security.Bybit CEO Ben Zhou revealed that the exploit was executed through a masked UI attack on a multisig cold wallet transaction. The attackers manipulated the signing process to alter the smart contract logic, gaining control over the wallet and transferring its ETH holdings to an unknown address. Despite the breach, Zhou assured users that all other cold wallets remain secure and withdrawals are operating normally.Binance’s Immediate ResponseYi He, Binance’s co-founder, was quick to offer assistance, stating, "We are here when you need." Former Binance CEO CZ also weighed in, suggesting a proactive security measure to prevent further potential risks. "Not an easy situation to deal with. Might suggest to halt all withdrawals for a bit as a standard security precaution. Will provide any assistance if needed. Good luck!"
espero ya hayan hecho el curso de aprende y gana, para que puedano ganar su fondo de 3 wct completamente gratis 😉😉👌🏻🥰 aprovechen esta oportunidad y háganlo mientras aun esta disponible como siempre binance regalando una pequeña parte para sus usuarios 🙏🏻🙏🏻🙌🏻🙌🏻#TrumpVsMusk #BybitSecurityBreach
$PENGU
Key Levels:
Support: $0.00940
Resistance: $0.00990
Breakout Confirmation: $0.00986+
🎯 Trade Setup:
Entry Zone: $0.00975–$0.00985 (breakout entry)
TP1: $0.0103
TP2: $0.0110
TP3: $0.0122
SL: $0.00938
💡 Pro Tip:
Look for a candle close above $0.00990 with rising volume to confirm trend continuation. Quick dips can offer sniper re-entries.
#BybitSecurityBreach
Key Levels:
Support: $0.00940
Resistance: $0.00990
Breakout Confirmation: $0.00986+
🎯 Trade Setup:
Entry Zone: $0.00975–$0.00985 (breakout entry)
TP1: $0.0103
TP2: $0.0110
TP3: $0.0122
SL: $0.00938
💡 Pro Tip:
Look for a candle close above $0.00990 with rising volume to confirm trend continuation. Quick dips can offer sniper re-entries.
#BybitSecurityBreach
⚠️ XRP ‘Death Cross’ Just Formed – But Price Isn’t Following the Script!
A bearish Death Cross has emerged on XRP’s hourly chart, where the 🔵 50-hour MA crossed below the 🔴 200-hour MA — often seen as a signal for trend reversals and deeper pullbacks.
But this time… XRP is holding strong.
---
📊 Key Technical Breakdown:
🔻 Death Cross Formed:
• 50H MA dropped below 200H MA near $0.5265
• Typically signals momentum shift to the downside
🧱 Strong Support Zone:
• XRP found buyers around $0.5100–$0.5150
• Holding firm despite bearish signal
📈 Short-Term Resistance:
• First test at $0.5380, next key level at $0.5450
📉 RSI Recovery:
• Hourly RSI bounced from oversold zone
• Hinting at momentum shift or sideways action
---
💡 What This Means for Traders:
✅ Death Cross = Caution, not panic
✅ Buyers defending support = Strength
✅ Watch for breakout above $0.5450 for confirmation
✅ Volume + reaction at resistance = key to next move
---
🧠 Pro Insight:
The Death Cross doesn’t always guarantee a drop. When combined with strong horizontal support and rising momentum indicators, it can become a contrarian signal for a bounce.
---
📌 Stay Alert: XRP is in a decision zone. Smart traders wait for confirmation before jumping in. Eyes on the volume and resistance reaction.
#CryptoAlert #TradingSignals #TechnicalAnalysis
#BinanceAlphaAlert
#BybitSecurityBreach
But this time… XRP is holding strong.
---
📊 Key Technical Breakdown:
🔻 Death Cross Formed:
• 50H MA dropped below 200H MA near $0.5265
• Typically signals momentum shift to the downside
🧱 Strong Support Zone:
• XRP found buyers around $0.5100–$0.5150
• Holding firm despite bearish signal
📈 Short-Term Resistance:
• First test at $0.5380, next key level at $0.5450
📉 RSI Recovery:
• Hourly RSI bounced from oversold zone
• Hinting at momentum shift or sideways action
---
💡 What This Means for Traders:
✅ Death Cross = Caution, not panic
✅ Buyers defending support = Strength
✅ Watch for breakout above $0.5450 for confirmation
✅ Volume + reaction at resistance = key to next move
---
🧠 Pro Insight:
The Death Cross doesn’t always guarantee a drop. When combined with strong horizontal support and rising momentum indicators, it can become a contrarian signal for a bounce.
---
📌 Stay Alert: XRP is in a decision zone. Smart traders wait for confirmation before jumping in. Eyes on the volume and resistance reaction.
#CryptoAlert #TradingSignals #TechnicalAnalysis
#BinanceAlphaAlert
#BybitSecurityBreach
اتجاه البيتكوين القادم يعتمد على عدة عوامل رئيسية:
1. التقلبات المستمرة: البيتكوين قد يشهد تقلبات حادة في الأسعار نتيجة لتغيرات السوق العالمية.
2. زيادة الاعتماد المؤسسي: إذا استمر المستثمرون المؤسسيون في دخول السوق، فقد يعزز ذلك من قيمة البيتكوين.
3. الدعم الفني: إذا استمر في الحفاظ على مستويات دعم قوية، يمكن أن يواصل الارتفاع نحو مستويات أعلى.
4. التنظيم الحكومي: التنظيمات الحكومية قد تؤثر بشكل كبير على مستقبله.
بشكل عام، الاتجاه المتوقع للبيتكوين قد يكون صعوديًا على المدى الطويل، لكن سيظل السوق يشهد تقلبات في الأسعار.
$BTC
#BybitSecurityBreach
#莱特币ETF
#LitecoinETF
1. التقلبات المستمرة: البيتكوين قد يشهد تقلبات حادة في الأسعار نتيجة لتغيرات السوق العالمية.
2. زيادة الاعتماد المؤسسي: إذا استمر المستثمرون المؤسسيون في دخول السوق، فقد يعزز ذلك من قيمة البيتكوين.
3. الدعم الفني: إذا استمر في الحفاظ على مستويات دعم قوية، يمكن أن يواصل الارتفاع نحو مستويات أعلى.
4. التنظيم الحكومي: التنظيمات الحكومية قد تؤثر بشكل كبير على مستقبله.
بشكل عام، الاتجاه المتوقع للبيتكوين قد يكون صعوديًا على المدى الطويل، لكن سيظل السوق يشهد تقلبات في الأسعار.
$BTC
#BybitSecurityBreach
#莱特币ETF
#LitecoinETF
#BybitSecurityBreach BTCUSDT
Perp
99,106.4
+2%
#WalletActivityInsights
Wallet activity insight provides a detailed analysis of transactions and behavior within a cryptocurrency wallet. This information can be invaluable for various stakeholders, including:
Types of Wallet Activity Insights
1. *Transaction Volume*: Analyzes the number of transactions, including sends, receives, and transfers.
2. *Transaction Value*: Examines the total value of transactions, helping identify large or suspicious transactions.
3. *Wallet Balance*: Tracks changes in wallet balances over time, providing insights into user behavior.
4. *Token Distribution*: Analyzes the distribution of tokens within a wallet, helping identify patterns or anomalies.
5. *User Behavior*: Studies user behavior, such as transaction frequency, timing, and recipients.
Use Cases
1. *Anti-Money Laundering (AML)*: Wallet activity insight helps identify suspicious transactions and behavior.
2. *Know-Your-Customer (KYC)*: Insights into wallet activity support KYC compliance and risk assessment.
3. *Market Research*: Wallet activity analysis provides valuable market insights, such as adoption rates and user behavior.
4. *Investor Intelligence*: Investors can leverage wallet activity insights to inform investment decisions.
5. *Security*: Wallet activity monitoring helps detect potential security threats, such as hacking attempts.
Tools and Techniques
1. *Blockchain Analytics*: Utilizes blockchain data to analyze wallet activity.
2. *Machine Learning*: Employs machine learning algorithms to identify patterns and anomalies.
3. *Data Visualization*: Presents wallet activity insights in a clear and actionable format.
4. *API Integration*: Integrates with cryptocurrency exchanges, wallets, and other data sources.
Benefits
1. *Improved Risk Management*: Wallet activity insight enhances risk assessment and management.
2. *Enhanced Security*: Identifies potential security threats and suspicious activity.
3. *Informed Investment Decisions*: Provides valuable market insights for investors.
4. *Compliance*:
Perp
99,106.4
+2%
#WalletActivityInsights
Wallet activity insight provides a detailed analysis of transactions and behavior within a cryptocurrency wallet. This information can be invaluable for various stakeholders, including:
Types of Wallet Activity Insights
1. *Transaction Volume*: Analyzes the number of transactions, including sends, receives, and transfers.
2. *Transaction Value*: Examines the total value of transactions, helping identify large or suspicious transactions.
3. *Wallet Balance*: Tracks changes in wallet balances over time, providing insights into user behavior.
4. *Token Distribution*: Analyzes the distribution of tokens within a wallet, helping identify patterns or anomalies.
5. *User Behavior*: Studies user behavior, such as transaction frequency, timing, and recipients.
Use Cases
1. *Anti-Money Laundering (AML)*: Wallet activity insight helps identify suspicious transactions and behavior.
2. *Know-Your-Customer (KYC)*: Insights into wallet activity support KYC compliance and risk assessment.
3. *Market Research*: Wallet activity analysis provides valuable market insights, such as adoption rates and user behavior.
4. *Investor Intelligence*: Investors can leverage wallet activity insights to inform investment decisions.
5. *Security*: Wallet activity monitoring helps detect potential security threats, such as hacking attempts.
Tools and Techniques
1. *Blockchain Analytics*: Utilizes blockchain data to analyze wallet activity.
2. *Machine Learning*: Employs machine learning algorithms to identify patterns and anomalies.
3. *Data Visualization*: Presents wallet activity insights in a clear and actionable format.
4. *API Integration*: Integrates with cryptocurrency exchanges, wallets, and other data sources.
Benefits
1. *Improved Risk Management*: Wallet activity insight enhances risk assessment and management.
2. *Enhanced Security*: Identifies potential security threats and suspicious activity.
3. *Informed Investment Decisions*: Provides valuable market insights for investors.
4. *Compliance*:
$XRP
/ USDT
Trade Setup
🔹We have 2.46$ current price .
🔹Price has broke down the channel fornation.
🔹Currently it is retesting the channel.
🔹If we see rejection here, we can look for short trade.
🔹The expected target will be 2.30$ .
🔹Keep an eye on it.
🔹We will share call soon.
#InfiniHacked
#SaylorBTCPurchase
#EthereumRollbackDebate
#ETHPriceWatch
#BybitSecurityBreach
/ USDT
Trade Setup
🔹We have 2.46$ current price .
🔹Price has broke down the channel fornation.
🔹Currently it is retesting the channel.
🔹If we see rejection here, we can look for short trade.
🔹The expected target will be 2.30$ .
🔹Keep an eye on it.
🔹We will share call soon.
#InfiniHacked
#SaylorBTCPurchase
#EthereumRollbackDebate
#ETHPriceWatch
#BybitSecurityBreach
⚡ ENA/USDT Trade Signal ⚡
🔴 Position: Short (Higher Probability)
🔅 Entry Zone: $0.4250 - $0.4350
📊 Average Entry: $0.4300
❌ Stop Loss: $0.4500 (-4.65%) | 35%
🎯 Target Levels:
1️⃣ $0.4100 (+4.65%) | 90%
2️⃣ $0.3950 (+8.14%) | 85%
3️⃣ $0.3800 (+11.63%) | 80%
4️⃣ $0.3650 (+15.12%) | 75%
5️⃣ $0.3500 (+18.60%) | 70%
📌 Trade Setup & Analysis:
✔️ Price in a downtrend, consistently making lower highs and lower lows
✔️ EMA(7) below EMA(25), indicating bearish momentum
✔️ MACD below zero, confirming ongoing bearish trend
✔️ RSI at 31.2, approaching oversold but with room for further downside
✔️ Stochastic RSI at 0.0000, suggesting extreme oversold conditions; potential for a small bounce before continuation
📌 Key Risks & Considerations:
⚠️ If price breaks above $0.4400, bearish outlook weakens
⚠️ Unexpected market news could lead to rapid price reversal
⚠️ Oversold conditions may cause short-term volatility
⚠️ Strong support at $0.4100 may lead to temporary consolidation
🔸 THIS IS MY ANALYSIS 🔸
📌 Please do your own research, and if it aligns with your strategy, then consider taking the trade.
⚠️ Disclaimer:
This setup is for informational purposes only and not financial advice. Cryptocurrency trading involves significant risk. Do your own research and consult a financial professional before making any investment decisions.
#ena $ENA
#SaylorBTCPurchase #EthereumRollbackDebate #ETHPriceWatch #BybitSecurityBreach
🔴 Position: Short (Higher Probability)
🔅 Entry Zone: $0.4250 - $0.4350
📊 Average Entry: $0.4300
❌ Stop Loss: $0.4500 (-4.65%) | 35%
🎯 Target Levels:
1️⃣ $0.4100 (+4.65%) | 90%
2️⃣ $0.3950 (+8.14%) | 85%
3️⃣ $0.3800 (+11.63%) | 80%
4️⃣ $0.3650 (+15.12%) | 75%
5️⃣ $0.3500 (+18.60%) | 70%
📌 Trade Setup & Analysis:
✔️ Price in a downtrend, consistently making lower highs and lower lows
✔️ EMA(7) below EMA(25), indicating bearish momentum
✔️ MACD below zero, confirming ongoing bearish trend
✔️ RSI at 31.2, approaching oversold but with room for further downside
✔️ Stochastic RSI at 0.0000, suggesting extreme oversold conditions; potential for a small bounce before continuation
📌 Key Risks & Considerations:
⚠️ If price breaks above $0.4400, bearish outlook weakens
⚠️ Unexpected market news could lead to rapid price reversal
⚠️ Oversold conditions may cause short-term volatility
⚠️ Strong support at $0.4100 may lead to temporary consolidation
🔸 THIS IS MY ANALYSIS 🔸
📌 Please do your own research, and if it aligns with your strategy, then consider taking the trade.
⚠️ Disclaimer:
This setup is for informational purposes only and not financial advice. Cryptocurrency trading involves significant risk. Do your own research and consult a financial professional before making any investment decisions.
#ena $ENA
#SaylorBTCPurchase #EthereumRollbackDebate #ETHPriceWatch #BybitSecurityBreach
Bitcoin (BTC) is currently trading at $94,051, reflecting a 1.5% decrease from the previous close. Ethereum (ETH) stands at $2,648, down 4.7%. Other notable cryptocurrencies such as BNB, Cardano (ADA), and Solana (SOL) have also seen declines of 2.4%, 6.2%, and 8.8% respectively.
This market downturn aligns with a broader decline in the stock market, as investors move away from riskier assets. Additionally, a recent $1.5 billion hack on Bybit’s Ethereum wallet has added to market pressures, particularly affecting cryptocurrencies like XRP, which has fallen 4% to $2.47. #InfiniHacked #SaylorBTCPurchase #EthereumRollbackDebate #ETHPriceWatch #BybitSecurityBreach $BTC $ETH $XRP
This market downturn aligns with a broader decline in the stock market, as investors move away from riskier assets. Additionally, a recent $1.5 billion hack on Bybit’s Ethereum wallet has added to market pressures, particularly affecting cryptocurrencies like XRP, which has fallen 4% to $2.47. #InfiniHacked #SaylorBTCPurchase #EthereumRollbackDebate #ETHPriceWatch #BybitSecurityBreach $BTC $ETH $XRP
The Moment You Stop Chasing, Trading Becomes Easier 🦁👈
Stop chasing:⛔
The next big move🚀
The perfect entry✅
The highest win rate💰
Focus on executing your system, and the profits will come.
💰 Reading the Market Like a book
Some chase trades. Others guess. I execute.
Trade wasn’t about luck — it was about timing, precision, and trusting the strategy. The setup was there, the entry was clear, and the result? $19,600 secured.
👉 While you’re scrolling, others are trading. While you’re dreaming, others are achieving. 👈
💡 The difference? They STARTED.
⚡️ Opportunities don’t wait. Neither should you.
✅ We make money on SPOT + FUTURE Trading.
🦁 Market is full of opportunities! Just take a step ahead and avail these opportunities with our Signals → 🦁
😎 The market always leaves clues. The difference between winning and watching? Knowing when to strike.
The next move is already lining up. Will you be ready for it?
#BybitSecurityBreach #LitecoinETF #VIRTUALWhale #SECStaking #SOLPriceWatch $SOL $VANRY $ENA
Stop chasing:⛔
The next big move🚀
The perfect entry✅
The highest win rate💰
Focus on executing your system, and the profits will come.
💰 Reading the Market Like a book
Some chase trades. Others guess. I execute.
Trade wasn’t about luck — it was about timing, precision, and trusting the strategy. The setup was there, the entry was clear, and the result? $19,600 secured.
👉 While you’re scrolling, others are trading. While you’re dreaming, others are achieving. 👈
💡 The difference? They STARTED.
⚡️ Opportunities don’t wait. Neither should you.
✅ We make money on SPOT + FUTURE Trading.
🦁 Market is full of opportunities! Just take a step ahead and avail these opportunities with our Signals → 🦁
😎 The market always leaves clues. The difference between winning and watching? Knowing when to strike.
The next move is already lining up. Will you be ready for it?
#BybitSecurityBreach #LitecoinETF #VIRTUALWhale #SECStaking #SOLPriceWatch $SOL $VANRY $ENA
#LitecoinETF
#BybitSecurityBreach
#莱特币ETF
#VIRTUALWhale
#SECStaking
توقعات المحللين لسعر LTC في عام 2025
تتنوع التوقعات بشأن أداء لايتكوين (LTC) في عام 2025، إذ يتوقع بعض المحللين استمرار النمو، بينما يرجّح آخرون فترة من التماسك السعري. ستعتمد قيمة العملة على ترندات السوق، والظروف الاقتصادية الكلية، ومدى الإقبال على العملات الرقمية
$LTC
#BybitSecurityBreach
#莱特币ETF
#VIRTUALWhale
#SECStaking
توقعات المحللين لسعر LTC في عام 2025
تتنوع التوقعات بشأن أداء لايتكوين (LTC) في عام 2025، إذ يتوقع بعض المحللين استمرار النمو، بينما يرجّح آخرون فترة من التماسك السعري. ستعتمد قيمة العملة على ترندات السوق، والظروف الاقتصادية الكلية، ومدى الإقبال على العملات الرقمية
$LTC
🇺🇲🇰🇵🖱️🖥️💻🖲️The FBI has confirmed that North Korea orchestrated a cyber heist, stealing approximately USD 1.5 Billion in cryptocurrency from the ByBit exchange. Known for its cybercrime unit, the Lazarus Group, North Korea has used stolen virtual assets to fund its nuclear & missile programs. Despite a significant loss in value, these assets are expected to be laundered & converted to currency.
#BybitSecurityBreach
#BybitSecurityBreach
$BTC Our free Trade going To the moon And hit the Sky to Sky Now I am more comfirm oon my trade
I'm basically taking a bet here for Bybit as the healthy exchanger.
First, people are panicking about this kind of news regarding the Bybit's hack and price of the BTC is tanking down a lot after an early explosive good news earlier today.
People are panicking to sell their BTC because some of the Bybit client's withdrawal have pending process. I mean, come on.. Exchange has just been hacked and there is of course bank run in the process, making the queue is getting longer..
Once all of the client's withdrawal has been completed, we will see another move up in BTC again. immediately.
For note : This is my private entry baby and NOT FINANCIAL ADVICE
----------------------------------------------------
INFORMATION REGARDING BYBIT FROM OUR INNER CIRCLE
1. Currently Bybit is looking for bridge loan worth of 400k ETH to cover the loss. They've covered around 88% of the amount needed.
2. Regarding the withdrawal from clients, the peak withdrawal hours have been passed and the bank run has proceeded to almost 80% of client's withdrawal. Need some times to process the rest.
3. ETH withdrawal might be suspended for the next few hours but for other coin withdrawal is still ENABLED.
4. Treasury fund of Bybit can cover up to 7.5x of the loss fund.
#nomaeffect
#Write2Earn
#BTC #Bitcoin
#BybitSecurityBreach
I'm basically taking a bet here for Bybit as the healthy exchanger.
First, people are panicking about this kind of news regarding the Bybit's hack and price of the BTC is tanking down a lot after an early explosive good news earlier today.
People are panicking to sell their BTC because some of the Bybit client's withdrawal have pending process. I mean, come on.. Exchange has just been hacked and there is of course bank run in the process, making the queue is getting longer..
Once all of the client's withdrawal has been completed, we will see another move up in BTC again. immediately.
For note : This is my private entry baby and NOT FINANCIAL ADVICE
----------------------------------------------------
INFORMATION REGARDING BYBIT FROM OUR INNER CIRCLE
1. Currently Bybit is looking for bridge loan worth of 400k ETH to cover the loss. They've covered around 88% of the amount needed.
2. Regarding the withdrawal from clients, the peak withdrawal hours have been passed and the bank run has proceeded to almost 80% of client's withdrawal. Need some times to process the rest.
3. ETH withdrawal might be suspended for the next few hours but for other coin withdrawal is still ENABLED.
4. Treasury fund of Bybit can cover up to 7.5x of the loss fund.
#nomaeffect
#Write2Earn
#BTC #Bitcoin
#BybitSecurityBreach
Bitcoin Effective Analysis (ICT + Order Book + Psychology )
There’s a huge buy order at 93,700–93,800. If it gets executed and no additional orders come in, we can push BTC up to 110k.
However, if strong selling pressure comes in after the order is filled, we may see a liquidity sweep and manipulation, pushing BTC to around 91k.
Right now, there’s no clear picture because BTC has been consolidating for the past week and being manipulated. It’s not following any trend or price action.
if its still active a little bit choppy here then I expect nothing will happen until next week.
Another confluent we can find as I anticipated in the previous analysis.
1. US debt ceiling will meet its limit in near future, maybe between this week or next week. So that we can get TGA drawdown as the liquidity injection.
2. Based on technical side, we see the possibility of triangle edging at around this date.
The longer we are trending at this range, the more bullish I am toward the market.
Current liquidity is at $105k and a float gap in the order book so that it's a certainty to visit this area.
#nomaeffect
#Write2Earn
#LAYEROnBinance
#1000CHEEMS&TSTOnBinance
#TokenReserve
$BTC
There’s a huge buy order at 93,700–93,800. If it gets executed and no additional orders come in, we can push BTC up to 110k.
However, if strong selling pressure comes in after the order is filled, we may see a liquidity sweep and manipulation, pushing BTC to around 91k.
Right now, there’s no clear picture because BTC has been consolidating for the past week and being manipulated. It’s not following any trend or price action.
if its still active a little bit choppy here then I expect nothing will happen until next week.
Another confluent we can find as I anticipated in the previous analysis.
1. US debt ceiling will meet its limit in near future, maybe between this week or next week. So that we can get TGA drawdown as the liquidity injection.
2. Based on technical side, we see the possibility of triangle edging at around this date.
The longer we are trending at this range, the more bullish I am toward the market.
Current liquidity is at $105k and a float gap in the order book so that it's a certainty to visit this area.
#nomaeffect
#Write2Earn
#LAYEROnBinance
#1000CHEEMS&TSTOnBinance
#TokenReserve
$BTC
🚨 Major Security Breach: Bybit Loses $1.4 Billion in Historic Crypto Hack
In a significant blow to the cryptocurrency community, Bybit, one of the leading crypto exchanges, has suffered a massive security breach resulting in the loss of approximately $1.4 billion worth of Ethereum. This incident, occurring on February 21, 2025, marks one of the largest hacks in crypto history.
Details of the Breach:
Amount Stolen: Approximately 514,000 ETH, valued at $1.4 billion.
Target: Bybit's cold wallet, traditionally considered more secure than online hot wallets.
Perpetrators: Initial investigations by Arkham Intelligence suggest involvement of North Korea's Lazarus Group.
Immediate Aftermath:
Fund Dispersion: The stolen Ethereum was quickly moved to multiple new addresses, with over $1 billion worth transferred to 49 different wallets, each receiving 10,000 $ETH .
Market Impact: Following the news, major cryptocurrencies experienced a downturn. Bitcoin's price fell by 1.4%, while Ethereum saw a 1.9% decline.
Bybit's Response: CEO Ben Zhou has assured users that all customer withdrawals remain unaffected. The exchange maintains that client assets are fully backed on a 1:1 basis, emphasizing their commitment to security and transparency.
Industry Implications: This event underscores the persistent security challenges within the cryptocurrency sector. In 2024 alone, the industry witnessed $2.2 billion in stolen funds due to various security breaches. Such incidents highlight the urgent need for enhanced security measures and protocols to protect digital assets.
Stay Informed: As the situation develops, it's crucial for investors and users to stay updated on security practices and ensure their assets are stored securely.
Note: Cryptocurrency investments carry inherent risks. Always conduct thorough research and consider security best practices when engaging in digital asset transactions.
#BybitSecurityBreach #Write2Earn #POST2EARN #Latestcryptonews $BTC $SOL
In a significant blow to the cryptocurrency community, Bybit, one of the leading crypto exchanges, has suffered a massive security breach resulting in the loss of approximately $1.4 billion worth of Ethereum. This incident, occurring on February 21, 2025, marks one of the largest hacks in crypto history.
Details of the Breach:
Amount Stolen: Approximately 514,000 ETH, valued at $1.4 billion.
Target: Bybit's cold wallet, traditionally considered more secure than online hot wallets.
Perpetrators: Initial investigations by Arkham Intelligence suggest involvement of North Korea's Lazarus Group.
Immediate Aftermath:
Fund Dispersion: The stolen Ethereum was quickly moved to multiple new addresses, with over $1 billion worth transferred to 49 different wallets, each receiving 10,000 $ETH .
Market Impact: Following the news, major cryptocurrencies experienced a downturn. Bitcoin's price fell by 1.4%, while Ethereum saw a 1.9% decline.
Bybit's Response: CEO Ben Zhou has assured users that all customer withdrawals remain unaffected. The exchange maintains that client assets are fully backed on a 1:1 basis, emphasizing their commitment to security and transparency.
Industry Implications: This event underscores the persistent security challenges within the cryptocurrency sector. In 2024 alone, the industry witnessed $2.2 billion in stolen funds due to various security breaches. Such incidents highlight the urgent need for enhanced security measures and protocols to protect digital assets.
Stay Informed: As the situation develops, it's crucial for investors and users to stay updated on security practices and ensure their assets are stored securely.
Note: Cryptocurrency investments carry inherent risks. Always conduct thorough research and consider security best practices when engaging in digital asset transactions.
#BybitSecurityBreach #Write2Earn #POST2EARN #Latestcryptonews $BTC $SOL
#dot - Pokaldot - The giant has not woken up yet.
Blood brothers #ETH both literally and figuratively.
I think it's time to add put $DOT in the basket.(Spot)
#BybitSecurityBreach #TradeFiRevolution #LitecoinETF
Blood brothers #ETH both literally and figuratively.
I think it's time to add put $DOT in the basket.(Spot)
#BybitSecurityBreach #TradeFiRevolution #LitecoinETF
PROM/USDT Trading Signal
PROM/USDT is bullish at $6.696 (+8.70%), with a 24H high of $6.950 and low of $6.123. The Parabolic SAR confirms an uptrend after rebounding from $3.285.
Trade Setup:
Entry: $6.65 - $6.75
Target 1: $7.00
Target 2: $7.50
Stop Loss: $6.20
A breakout above $6.95 could push prices higher. Buy on dips, watch volume, and trade cautiously!#BybitSecurityBreach #LitecoinETF #SECStaking #SECStaking #Write2Earn! $PROM
PROM/USDT is bullish at $6.696 (+8.70%), with a 24H high of $6.950 and low of $6.123. The Parabolic SAR confirms an uptrend after rebounding from $3.285.
Trade Setup:
Entry: $6.65 - $6.75
Target 1: $7.00
Target 2: $7.50
Stop Loss: $6.20
A breakout above $6.95 could push prices higher. Buy on dips, watch volume, and trade cautiously!#BybitSecurityBreach #LitecoinETF #SECStaking #SECStaking #Write2Earn! $PROM
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