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news-imageFebruary 28, 2025

Bybit hackers move over half the stolen ETH onto Bitcoin, largely using ThorChain

MetaMask head of security, Taylor Monahan, said Lazarus has moved at least 209,384 ETH, over half the ETH stolen from Bybit, into BTC.
Publisher: The Block
Sentiment: Negative
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Neutral
cover-imageCointelegraph
February 28, 2025

When will Bitcoin price bottom?

Bitcoin is tackling support levels not seen in months. Where do traders think BTC price action will put on a definitive floor after nearly a 30% drop from all-time highs?

Neutral
cover-imageThe Currency Analytics
February 28, 2025

Ethereum Price at Critical Level: 82% of Holders in Profit

Ethereum (ETH) is facing a crucial moment in its price journey, with its current value hovering near a key support level of $2,345. As the second-largest cryptocurrency by market capitalization, Ethereum's price movements are closely watched by investors, analysts, and traders alike.

Negative
cover-imageTokenpost
February 28, 2025

Bitcoin Drops Below $80K Amid Market Uncertainty and Bybit Hack

Bitcoin fell to a 3.5-month low on Friday, dropping over 5% to $79,666, marking its first dip below $80,000 since November. The decline comes amid growing investor concerns over U.S. trade policies, a lack of fresh crypto-friendly regulations, and a massive $1.5 billion hack targeting rival cryptocurrency Ethereum.

Positive
cover-imageTokenpost
February 28, 2025

Michael Saylor Pushes Bitcoin Leadership at US Financial Services Committee

Michael Saylor, co-founder and executive chairman of MicroStrategy, recently revealed his visit to the US Financial Services Committee, where he discussed digital assets and the countrys path to global leadership in crypto. During the meeting, he presented the Digital Assets Framework, Principles, and Opportunity document, outlining clear definitions and compliance measures for various digital assets.

Positive
cover-imageTokenpost
February 28, 2025

Texas Advances Senate Bill 21 to Establish Strategic Bitcoin Reserve

Texas is moving closer to becoming a leader in state-backed cryptocurrency reserves after the Senate Business and Commerce Committee unanimously passed Senate Bill 21 with a 9-0 vote. The bill now heads to the full Senate for further consideration, signaling growing state-level interest in Bitcoin as a financial asset.

Negative
cover-imageBitcoinist
February 28, 2025

Bitcoin's $2.16 Billion Capitulation: Who Sold At The Biggest Loss?

The on-chain analytics firm Glassnode has broken down which Bitcoin investor cohorts sold at the biggest loss during the latest price crash. Recent Bitcoin Buyers Have Combined Realized $2.16 Billion In Loss Recently In a new post on X, Glassnode has discussed what the capitulation event triggered by the Bitcoin price crash has been like.

Negative
cover-imageInvezz
February 28, 2025

Bybit theft: Hacker launders over 50% of stolen $1.4B in Ethereum

A hacker responsible for the $1.4 billion Bybit heist has laundered over 50% of the stolen Ethereum in just five days, pushing THORChain's transaction volumes to record highs. According to blockchain analytics firm Spot On Chain, the attacker moved 266,309 Ethereum (ETH), worth approximately $614 million, at an average rate of 48,420 ETH per day.

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