๐จ๐จ #CryptoTheft ๐จ๐จ
**๐จ What are the latest updates on the **๐ surge in cryptocurrency thefts in February 2025?
In February 2025, the cryptocurrency sector witnessed a massive spike in thefts, primarily due to a record-breaking hack on Bybit. Here are the latest key updates:
๐ Bybit's $1.5 Billion Hack: On ๐๏ธ February 21, 2025, Bybit, a top crypto exchange, suffered a cyberattack leading to the theft of ๐ฐ $1.5 billion in Ethereum (ETH) tokens. (๐ Source)
๐ญ North Korean Hackers Behind the Attack: The FBI has confirmed that ๐ฐ๐ต North Korea's Lazarus Group, a state-sponsored hacking group, was responsible for the attack. (๐ Source)
๐ Crypto Market Crash: The hack triggered a massive sell-off, leading to an $800 billion loss in the crypto market. ๐ Bitcoin (BTC) dropped by 15% in just a month! (๐ Source)
๐ก๏ธ Bybitโs Emergency Action: Bybit has taken urgent measures by securing 447,000 ETH through emergency funding from top financial firms like Galaxy Digital, FalconX, and Wintermute. (๐ Source)
โ ๏ธ 9 Major Crypto Hacks in February: The month saw 9 hacking incidents totaling ๐ $1.53 billion in losses, a ๐ 20X increase from the previous month and 18X higher than February 2024! (๐ Source)
๐ก ๐ Protect Your Crypto Assets:
โ Use hardware wallets for maximum security
โ Enable two-factor authentication (2FA)
โ Beware of phishing links & fake websites
โ Regularly update passwords & use strong ones
๐ฅ ๐ข Stay Alert! Share this with your crypto community to help them stay safe! ๐ฅ