$ETH Ethereum remains one of the largest cryptocurrencies with the highest market capitalization. Here is a summary of relevant information about Ethereum today:

* Bybit Hack and its Impact:

* Recently, the cryptocurrency exchange platform Bybit suffered a massive hack, where nearly $1.5 billion worth of Ethereum was stolen.

* This incident, attributed to the Lazarus group, highlights the vulnerability of cryptocurrency platforms and the need to strengthen security.

* The theft affected the price of Ethereum, along with other major cryptocurrencies, generating volatility in the market.

* Relevance of Ethereum:

* Ethereum is the second largest cryptocurrency by market capitalization, after Bitcoin.

* Its blockchain technology allows the creation of smart contracts and decentralized applications (dApps), making it a versatile platform.

* Ethereum has pioneered trends such as decentralized finance (DeFi) and non-fungible tokens (NFTs).