In recent days, the cryptocurrency platform Bybit fell victim to a sophisticated cyberattack, hemorrhaging over $1.4 billion in assets purportedly tied to operatives from North Korea. As of this report, the perpetrator controls roughly 449,395.23 ETH—equivalent to nearly $1.26 billion—making them one of Ethereum's most formidable custodians.

Bybit has returned to a 1:1 backing of client assets days after being hit by the biggest crypto heist ever.

Crypto Market Today (February 24): A wave of caution engulfed traders and investors as the week kicked off, primarily as Bitcoin (BTC) price waned back to the $95K level. Moreover, Ethereum (ETH), Solana (SOL), and XRP prices also tanked 1%-5%, mimicking the flagship coin.

Bybit exchange has reportedly purchased 266,700 ETH worth $742 million across two days, according to blockchain analytics firm Lookonchain. The transactions occurred in the days following Bybit's $1.4 billion hack, which has taken the industry by surprise.

Ethereum's Open Intents Framework has gained support from leading Layer 2s, including Arbitrum, Optimism, Scroll, and Polygon.

Ethereum Foundation lead developer Tim Beiko has dismissed the idea of an Ethereum blockchain rollback following the Bybit crypto exchange hack. In a detailed post on X, Beiko explained why such a proposal is impractical and unfeasible.

Bybit said on Sunday it froze $42.89 million of the hacked funds thanks to the efforts of multiple parties as the cryptocurrency exchange shores up its reserves after the shocking $1.4 billion exploit. What Happened: Bybit announced via X that it was successful in restricting hackers' ability to move the funds, a day after hackers stole over $1.4 billion worth of Ethereum (CRYPTO: ETH) and related tokens.

Ethereum price failed to clear the $3,000 resistance zone. ETH is consolidating near $2,750 and might aim for a fresh increase.

Is Solana slowing down on its promise to be the Ethereum killer?

Ethereum (ETH) has demonstrated resilience in recent days, rebounding from a sharp drop caused by the Bybit hack, though its price remains down by nearly 18% over the last month. Despite the ongoing volatility, Ethereum's recovery has been supported by renewed buying momentum, as indicated by its Relative Strength Index (RSI) and an increase in whale activity.

Ethereum (ETH) has officially confirmed a death cross, with its 50-day moving average crossing below the 200-day moving average, a bearish signal that typically suggests downward momentum. However, ETH has shown resilience despite this technical formation and a recent $1.4 billion hack on Bybit.

Blockchain analytics firm Lookonchain reports Bybit bought $742 million worth of Ether using two wallet addresses between Feb. 22 and 23.

The statement came shortly after Lookonchain reported Bybit had bought $742 million worth of Ether between Feb. 22 and 23.

Leading coins remained weak on Sunday as the cryptocurrency market grappled with the massive $1.4 billion hack on cryptocurrency exchange Bybit. Cryptocurrency Gains +/- Price (Recorded at 7:45 p.m.

Shiba Inu (SHIB), one of the most popular coins, has captured the attention of investors and crypto enthusiasts alike. Central to the ongoing narrative of its price evolution is the concept of “SHIB burns.

Some Arbitrum DAO delegates have criticized the proposal as a missed opportunity for boosting Arbitrum-native protocols.

Shiba Inu (SHIB), one of the most widely recognized coins in the cryptocurrency market, is showing signs of a potential recovery. Over the past few days, whale activity has surged, with large holders driving a remarkable 90% increase in inflows.

Solana price plunged 4% on Sunday February 22, trading as low as $167 as multiple bearish catalysts from the Bybit hack and impending SOL outflows from FTX Estate diluting supply. Solana Under Pressure as Bybit Hacker Launders Stolen Funds Through Pump.Fun Memecoins Solana (SOL) experienced another wave of steep losses on Sunday despite early recovery

Ethereum price rallied 8% to reclaim territories just above $2,800 on Sunday, February 23, propelled by speculations that resolutions to the Bybit's 401,346 ETH hack could inadvertently trigger a bullish impact. Ethereum (ETH) rebounds 8% as community anticipates bullish resolution to Bybit hack Ethereum (ETH) suffered a significant setback on Friday as hackers, allegedly linked

The exchange declined to block addresses flagged by Bybit as receiving stolen funds from its recent $1.4 billion hack.

Declining risk appetite raises concerns about Ethereum's future, with prolonged stability possibly giving way to stagnation.

Ethereum (ETH) has shown signs of bullish momentum recently, driven by a significant purchase from the cryptocurrency exchange Bybit. With the asset surging 3.79% in the last 24 hours, many traders are now considering whether Ethereum can fully recover from its recent 17.84% loss over the past week.

Pump.fun is a playground for degens to gamble on AI projects. But experts believe the meme coin platform won't foster true AI innovation.

Story, Ondo Finance (ONDO), OFFICIAL TRUMP, Solana (SOL), and Uniswap (UNI) are five Made in USA cryptos to watch closely in the last week of February. Story has gained massive attention as a top AI crypto, despite a recent short-term correction.

Bitcoin price is pinned below $100,000, but several altcoins are showing sighs of breaking out.

The meme coin market has seen a remarkable transformation in the past year, large-cap tokens like Dogecoin (DOGE) and Shiba Inu (SHIB) have managed to stay in the forefront. Specifically, the SHIB token has experienced impressive growth, increasing in value by roughly 65% in the past year.

Ethereum (ETH) has officially confirmed the formation of a death cross, a technical indicator often associated with bearish market conditions. A death cross occurs when a cryptocurrency's 50-day moving average (MA) crosses below its 200-day moving average, signaling potential downward price momentum.

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Shiba Inu (SHIB) remains a legendary name in the crypto market after its historic 2021 rally. Starting at a microscopic $0.000000000077 per token in January 2021, SHIB skyrocketed to an all-time high of $0.00008841 by October 2021, a gain exceeding 1,000,000%.

Although the cryptocurrency market rally has stalled, the long-term outlook remains bullish, with analysts anticipating sustained gains for assets such as Bitcoin (BTC).

Shiba Inu (SHIB) is in the green days after posting a recent death cross, a technical indicator that typically signals bearish momentum. A death cross occurs when a shorter-term moving average, often the 50-day, dips below the longer-term 200-day moving average.

The market is mainly falling today, however, there are some exceptions, according to CoinStats.

Ethereum co-founder Vitalik Buterin has voiced concerns over criticisms directed at Ethereum's stance on blockchain-based gaming applications.

Ethereum price held steady as the market came to terms with the $1.4 billion hack by the Lazarus Group. Ethereum (ETH) traded at $2,795 on Sunday, a few points above last Friday's low of $2,665.

The North Korean cybercrime unit may be behind some of the recent memecoin rug pulls on Solana.

Nifty Island, a Roblox-like Ethereum game for creating and sharing 3D game worlds, has added a user-friendly way to implement AI agents.

Everyone loves a good story of a scrappy underdog picking a fight with the reigning champion. That's exactly the situation between Ethereum (ETH 2.69%) and a cryptocurrency designed specifically to unseat it, created by one of its very founders: Cardano (ADA 1.18%).

An Ethereum developer provided an explanation of why the network cannot “rollback” transactions to recover Bybit's stolen $1.4 billion. The analysis compares the current situation with two historical cases where blockchain reversals were feasible.

Bybit's purchase of ETH could add to the existing buying pressure.

Bybit's near $300 million Ether buy may contribute to a potential rally above the $3,000 psychological mark.

Shiba Inu (SHIB) has lost a key support level, says Ali Martinez in a recent price outlook for the popular meme-inspired cryptocurrency. The next major support zones to watch are $0.000011 and $0.000008 per SHIB, predicts Martinez.

Ethereum (ETH) has shown signs of recovery after a sharp decline caused by the Bybit hack, which impacted its price. Despite this bounce back, ETH is still down nearly 18% over the past 30 days, reflecting continued volatility.

Cryptocurrency firm Bybit has restored nearly half of its Ether (ETH) reserves after a massive crypto hack that rattled the global Web3 industry.

Ethereum's price action has been volatile in recent weeks, but the asset encountered a significant resistance zone. With strong selling pressure likely at this level, a rejection followed by a short-term decline appears probable.

Bybit CEO Ben Zhou has pledged to pursue all possible avenues to recover the funds stolen during the recent hack linked to the Lazarus Group. The post Bybit CEO Vows to Recover Stolen Funds, Discusses Possibility of Ethereum Blockchain Rollout appeared first on Cryptonews.

Shiba Inu (SHIB), one of the most talked-about cryptocurrencies in recent years, has shown remarkable volatility, often swinging from lows to explosive highs. Despite a recent dip to $0.000014, its price has recovered slightly to $0.00001520, leading many investors to wonder: could a $1,000 investment in SHIB today lead to significant returns if it replicates its past surge?

A death cross, when the 50-day moving average crosses below the 200-day moving average, has been formally confirmed by Ethereum. The indicator could be a herald of progressing pressure on the market, pushing Ethereum even lower.