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news-imageFebruary 28, 2025

The Bybit hacker has already laundered more than 50% of the stolen Ethereum

Within a week, the Bybit hacker has laundered more than 50% of the stolen Ethereum worth up to $614 million. In the last 6 days, the hacker has washed 266,309 $ETH approximately worth $614 million.
Publisher: Cryptopolitan
Sentiment: Negative
ETH

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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-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.

Negative
cover-imageThe Currency Analytics
February 28, 2025

Ethereum Price Faces Pressure, Testing Key Support at $2,200

Ethereum has been experiencing significant downward pressure, as the ongoing bear market intensifies. The cryptocurrency has seen a substantial drop over the past few days, and it now finds itself testing crucial support levels that could determine its next major price movement.

Positive
cover-imageBenzinga
February 28, 2025

Jamie Dimon Was A Believer In Smart Contract Cryptos Long Before JPMorgan Hit The Buy Button On Ethereum ETFs: Here's What The CEO Said

Jamie Dimon, the CEO of banking heavyweight JPMorgan, has acknowledged the importance of smart contracts-based cryptocurrencies, in stark contrast to his views on Bitcoin (CRYPTO: BTC). What happened: During a CNBC interview in January 2023, the CEO of the world's most valuable banking company stated that cryptocurrencies with embedded smart contracts possess value.

Negative
cover-imageThe Currency Analytics
February 28, 2025

Ethereum Spot ETF Outflows Surge as Price Nears Yearly Low

Ethereum (ETH) has experienced significant volatility recently, driven by various factors, including macroeconomic pressures and changing market sentiment. At press time, ETH is trading at $2,347, a low not seen since November 2024, as it faces increased outflows from spot ETFs and a bearish market sentiment.

Positive
cover-imageBitcoin
February 28, 2025

Ethereum Foundation Allocates $2M to Boost Academic Blockchain Research

The Ethereum Foundation has announced $2 million in grants for Ethereum-related academic research, with proposals due by March 16, 2025. Ethereum Foundation Launches Third Annual Academic Grants Round The Ethereum Foundation is offering $2 million in grants to support academic research related to Ethereum, with applications accepted until 23:59 AoE on March 16, 2025.

Negative
cover-imageBenzinga
February 27, 2025

Bitcoin, Ethereum, XRP, Dogecoin Struggle In Weak Market: 'I Don't Think That The Cycle Is Over,' Trader Says

Cryptocurrency markets are struggling on Thursday as the market-wide downturn continues. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $83,057.97 -0.2% Ethereum (CRYPTO: ETH) $2,268.27 -1.2% Solana (CRYPTO: SOL) $134.86 +2.7% XRP (CRYPTO: XRP) $2.15 -1.3% Dogecoin (CRYPTO: DOGE) $0.2030 +2.3% Shiba Inu (CRYPTO: SHIB) $0.00001430 +2.3% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 6.6% and daily active addresses falling by 0.7%.

Positive
cover-imageCryptonews
February 27, 2025

DFINITY Foundation Launches OISY: ‘First Fully-Decentralized Wallet' for Bitcoin, Ethereum, Solana, and ICP

The DFINITY Foundation, a major contributor to the Internet Computer (ICP), has launched Version 1.0 of the OISY Wallet, integrated with four major blockchains and managed by a DAO. The post DFINITY Foundation Launches OISY: ‘First Fully-Decentralized Wallet' for Bitcoin, Ethereum, Solana, and ICP appeared first on Cryptonews.

Negative
cover-imageCoinPedia
February 27, 2025

Ethereum Price Today: Could ETH Plunge Below $1,000 Amid Market Turmoil?

The crypto market has seen a bloodbath throughout February, with Bitcoin plunging to its 2021 low and trading at $86K while the second largest altcoin Ethereum is also facing intense turbulence. ETH dropped below $2,500 after a massive $1.5 billion hack on Bybit, allegedly led by North Korea's Lazarus group, triggering a 25% price crash.

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