What happened in Crypto in the last 12h:
- Bybit Hacker Asset Movement Resumes
- $ETH Price Returns to Pre-Bybit Hack
- Bybit Bought 266,694 $ETH After Being Hacked
- Saylor Hints at Buying More $BTC
- Pumpfun Tests Own AMM as Alternative to $RAY
- Kanye Hints at Launching 'Swasticoin' This Week
- Montana Defeats $BTC Strategic Reserve Bill
👇
• According to @Beosin_com, the Bybit hackers are moving assets again. They mainly used Thorchain to move assets to BTC chain and OKX DEX to convert to $DAI.
• $ETH - Ethereum price touches $2850 and returns to the Bybit hacking. Bybit announced that it has frozen $42.89M of the hackers' funds with the help of several platforms.
• $ETH - Bybit appears to have purchased 266,694 ETH (~$742M) since the hack. Wallets associated with Bybit acquired 157,660 ETH ($437.82M) via OTC trades from Galaxy Digital, FalconX, and Wintermute, and an additional 109,033 ETH ($304.12M) from various DEXs and CEXs.
• $BTC - Michael Saylor hints that Strategy is buying more $BTC. Strategy recently stopped buying BTC, but is speculated to be looking to start buying again.
• Pumpfun is testing its own AMM and the URL has been made public. This may replace Raydium, which is why $RAY is dropping significantly.
• Ye hinted at the launch of a 'Swasticion' token this week and attempted to reach out to Binance co-founder Changpeng Zhao.
• $BTC - Bitcoin Strategic Reserve bill defeated in Montana House of Representatives with 41 votes in favor, 59 against.