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news-imageFebruary 21, 2023

Crypto Miner Hive Blockchain's Posts Q3 Loss as Ethereum Merge Cuts Revenue, Mining Margin

The Canadian miner is launching its high-performance computing cloud business, which is 25 more profitable than mining.
Publisher: Coindesk
Sentiment: Neutral
ETH
HIVE

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Positive
cover-imageBitcoin
February 22, 2025

NFT Market Revives: 11.6% Weekly Leap as Ethereum Outpaces Rivals

The non-fungible token (NFT) market exhibited a noticeable resurgence in transactional activity from Feb. 15 to 22, with digital collectible purchases climbing 11.60% above the preceding week's totals. NFTs Rebound: 64% Buyer Spike and 49% Seller Expansion Figures from cryptoslam.io indicate $148.18 million in NFT exchanges during this period, alongside a 64.

Negative
cover-imageCoingape
February 22, 2025

Ethereum Community Split Over Onchain Rollback Amid Bybit Hack

As Bybit picks up the pieces from its jarring security breach, the Ethereum (ETF) community has been buzzing with speculation over the network's future. One side of the divide makes a case for a blockchain rollback designed to eliminate malicious transactions, while the purists argue that the move will “kill” Ethereum's credibility.

Negative
cover-imageThe Currency Analytics
February 22, 2025

North Korean Hackers Steal $1.46B in Ethereum from Bybit

Bybit, one of the leading cryptocurrency exchanges, has fallen victim to a massive hack, resulting in the theft of $1.46 billion worth of Ethereum and other ERC-20 tokens. This cyberattack, which targeted Bybit's cold wallet, has been linked to the notorious North Korean hacking group, Lazarus.

Positive
cover-imageThe Currency Analytics
February 22, 2025

XRP Outperforms Ethereum in 1-Year Investment Return

In the ever-volatile world of cryptocurrency, performance fluctuations are common, and recent market trends have once again brought to light the stark contrast between two prominent digital assets: XRP and Ethereum (ETH). A recent observation from crypto influencer Da Sheriff Crypto highlights the contrasting performances of these two tokens over the past year, showing XRP's substantial gains while Ethereum has faced a decline.

Negative
cover-imageCoinPedia
February 22, 2025

Here's How the Bybit Hacker Stole $1.5B Worth Ethereum?

The recent Bybit hack of $1.5 billion has raised serious security concerns, with reports confirming the attackers used a highly sophisticated method to drain millions in crypto assets. Crypto analyst David Leung has provided a detailed breakdown of how the attack unfolded, revealing major lapses in Bybit's security.

Negative
cover-imageCoinPedia
February 22, 2025

Crypto News Today (Feb 22nd, 2025): Bybit Exploitation Sends Shock Waves to Bitcoin & Ethereum

The cryptocurrency market experienced a downturn following a major security breach at Bybit, where hackers managed to drain $1.4 billion in Ethereum. This has rattled investor confidence, leading to a wave of liquidations worth $566.64 million, per Coinglass data. As a result, the market cap of the business is down 1.86% to $3.17 Trillion.

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