The crypto exchange ByBit has been hacked, and roughly $1.5 billion in Ethereum (ETH) has been stolen — making this one of the biggest hacks in history. On Feb. 21, the crypto trading platform stated on social media platform X that it detected unauthorized activity involving one of its Ethereum cold wallets.

In a development that could have a significant impact on the Ethereum price, cryptocurrency exchange Bybit has confirmed a major security breach involving its ETH cold wallet.

Bybit founder Ben Zhou has confirmed that the cryptocurrency exchange suffered a $1.4 billion Ethereum (CRYPTO: ETH) hack, making it one of the largest security breaches in recent history. The attack, which targeted Bybit's Ethereum cold wallet, resulted in the loss of 401,347 ETH ($1.12 billion), 90,376 stETH ($253 million), 15,000 cmETH ($44 million), and 8,000 mETH ($23 million), according to Onchain Lens.

Bybit confirmed its multi-sig cold wallet was breached hours after the crypto exchange increased access to liquidation data for transparency.

The crypto market experienced a significant downturn after Bybit, a prominent cryptocurrency exchange, announced a devastating hack involving $1.5 billion worth of cryptocurrencies. This incident marks the largest crypto hack to date. Recent updates, including statements from the CEO, confirm that Bybit was compromised, resulting in the loss of approximately $1.5 billion in Ethereum.

On Friday, onchain investigators including Arkham Intelligence and Zachxbt identified an alleged “security incident” involving more than $1 billion in outflows from Bybit. Onchain Experts Report $1B+ Outflow From Bybit in Latest Security Incident The incident saw $1.

Crypto exchange Bybit was attacked Friday, CEO Ben Zhou confirmed, with more than $1.4 billion worth of funds apparently swiped.

Bybit confirmed a series of malicious transactions, which redirected $1.46B from its cold wallets to unauthorized addresses.

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A hacker took control of an ETH cold wallet on the Bybit exchange on Feb. 21, stealing over $1.4 billion in funds.

In addition, respondents are interested in Solana and AI-based projects, followed by Ethereum and BNB Chain as alternative investment options. The post Almost 80% of FTX Creditors Will Reinvest in Crypto, 62% Plan to Buy Solana – Survey appeared first on Cryptonews.

Bybit, the Singapore-based centralized crypto exchange, according to several crypto security experts and researchers.

The move happened as crypto exchange Bybit saw a sudden $1.4 billion worth of ETH outflow.

In a developing story, the Bybit exchange is suspected to have been hacked for over $1.4 billion. This comes following a report from on-chain sleuth ZachXBT about ETH outflows from the crypto exchange.

Ethereum has been attempting to reclaim the $2,800 level for days, but bears continue to apply selling pressure, keeping the price below this key resistance. Despite this, demand remains strong, with bulls successfully holding ETH above the crucial $2,600 support level.

Pepe coin has entered a bear market this year after plunging 65% from its all-time high. Pepe (PEPE), the second-biggest Ethereum (ETH) meme coin after Shiba Inu (SHIB), has plunged to the key support at $0.000010.

The cryptocurrency market witnessed an exciting day today, as most tokens, including the SOL token, attempted recovery. According to the market stats, the Solana price surged 4% today.

Ethereum price is on a strong upward momentum, supported by a favourable crypto market sentiment, as well as DeFi and ETF growth.

Many traders are losing faith, and capital is flowing to Ethereum and Arbitrum instead. Memecoins have been a wild ride, but for Solana, they're starting to cause real damage.

One of the main topics of the cryptocurrency market for over a year already are exchange-traded funds. First it was leading cryptocurrency Bitcoin (BTC), then major alternative asset Ethereum (ETH), and now after their approval the focus shifted to other assets.

Bitcoin (BTC) picked up momentum as it climbed above $98,000, as short-term bulls eye the $100,000 level. A break above this level could power BTC towards $105,000.

Pi Network's token has dropped over 65% in less than 24 hours following its much-awaited mainnet launch. The token's entry into the markets came at lower values than the IOU price predictions of over $60, and shortly after launch, it dropped below the $1 mark after holders started taking exit positions.

The financial services giant Franklin Templeton has launched a mixed Bitcoin (BTC) and Ethereum (ETH) spot exchange-traded fund (ETF). Coinbase will provide custody services for the new Franklin Crypto Index ETF (EZPZ), the firm's third crypto exchange-traded fund. Franklin Templeton also launched single-asset Bitcoin and Ethereum ETFs last year.

On-chain data analysis shows the Ethereum network has recorded a 12.1% increase in new addresses during the past week.

Solana memecoin scams and rug pulls are driving capital outflows to Ethereum and Arbitrum as user activity declines, but analysts say it may benefit Solana long-term.

Solana memecoin scams and rug pulls are driving capital outflows to Ethereum and Arbitrum as user activity declines, but analysts say it may benefit Solana long-term.

Ethereum is facing a crucial resistance region, including the 200-day moving average and the descending wedge's lower boundary. The price action at this level is critical, as a potential rejection could lead to a decline toward the $2.5K threshold.

Ethereum (ETH) price trades today at as of as China's M1 money supply nearly doubled from 60 trillion Yuan to 112 trillion Yuan. Ether prices hit a daily high of today after rising % on.

TL;DR $2 billion worth of Bitcoin and Ethereum options are expiring today, causing market volatility and uncertainty as traders watch closely. Analysts note a put-to-call ratio below 1 for both BTC and ETH, indicating more bets on price increases, but the max pain theory suggests potential corrections.

Unsurprisingly, crypto investors are nervous about the over $3 trillion drop in Bitcoin's total market cap, and the loss of $54 billion in just 24 hours. President Trump was perceived as the most crypto friendly US leader to ever enter office but his tariff policies have had a negative impact on the entire digital currency market.

Bitcoin ETFs experienced a substantial net outflow of $365 million, while ether ETFs saw a $13 million withdrawal, ending a four-day streak of inflows. Crypto ETFs Face Setbacks With $365 Million and $13 Million Outflows The notable capital movements on Thursday, Feb. 20 saw bitcoin exchange-traded funds (ETFs) face a significant net outflow of $364.

Solana briefly crossed over the $180 threshold after it rose by 4.3%. This is the first time SOL has gone over $180 since its LIBRA-induced slump.

Solana whales preferring staking over meme coins despite the possibility of a price drop to price in the unlocks.

CryptoQuant CEO Ki Young Ju has confirmed that altcoin season has officially started, but he notes a major shift in market behavior compared to previous cycles. What Happened: In a post on X on Friday, Ju stated, “Alt season has begun.

This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) Ethereum continues to consolidate and closed the week with a 2% price increase.

On Feb. 19, the trading giant announced the launch of Solana (SOL) futures contracts on its regulated U.S. derivatives exchange. With approval from the Commodity Futures Trading Commission (CFTC), this move is significant.

TL;DR Franklin Templeton has launched EZPZ, a new ETF providing exposure to Bitcoin and Ethereum, designed to track the US CF Institutional Digital Asset Index. The ETF offers a simplified and low-cost way for investors to access top digital assets, with an initial sponsor fee of 0.19% waived until August 31, 2025.

The launch follows Hashdex's combo ETF going live last week after both funds were approved by the SEC in December.

Vitalik Buterin has raised concerns about a "moral reversal" in the crypto industry, criticizing the backlash against Ethereum's cautious stance on blockchain gambling.

Ethereum developers focused on Pectra and PeerDAS upgrades during the All Core Developers Consensus Call #151, discussing client readiness and EIP finalizations.

Analyst and trader Michaël van de Poppe is highlighting one crypto asset that could go up by triple-digit percentage points while updating his outlook on Bitcoin (BTC) and Ethereum (ETH).

Ethereum (ETH) appears to be on the verge of a significant price surge, with key market indicators pointing toward a bullish breakout. Despite a month-long decline of over 16%, ETH has shown signs of recovery, fueling optimism among investors.

Solana's top memecoin launchpad, Pump.fun, is experiencing a decline in activity, with daily launches and revenue falling below its usual benchmarks.

Litecoin (LTC) has never been the loudest name in the crypto space. No constant hype, no daily social media talks.

Golem (GLM) shifted more Ethereum (ETH) to Binance and Coinbase. Some of the ETH may come from staking rewards and Golem has mentioned it would use the funds for popularization and operating expenses.

Ethereum's gas fees have seen a significant plunge, with the average cost of a transaction dropping by a staggering 70% in just a few months. As of February 20, 2025, the price for a typical transaction on the Ethereum blockchain has fallen to around $0.80, a sharp contrast to the $20+ fees seen in 2024 during periods of high network activity.

Five major financial firms have submitted Solana ETF applications to the SEC, triggering a 240-day review period that will conclude by October 2025, with analysts estimating 70-84% approval probability.

Ethereum gas fees have fallen 70% to a four-year low of approximately $0.80 per transaction, driven by increased adoption of Layer 2 solutions and reduced mainnet activity, while maintaining over 1 million daily transactions.