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“To be honest right now, everyone is affected,” Bybit’s Jan says
Crypto exchange ByBit says everyone is affected by the suspected hack of one of its cold wallets leading to the theft of almost $1.4 billion in Ethereum. During a live stream X platform, ByBit’s head of derivatives and Institutions, Shunyet Jan, precisely said “to be honest right now, everyone is affected.” JUST IN: Bybit when […]
Cryptopolitan
Fri, Feb 21
Bitcoin Blasts Past $98,000: Is $100K Next, Or A Trap?
Bitcoin has soared past the $98,000 on Thursday, fueling intense debate among traders over whether the $100K milestone is again within reach or if the current rally is vulnerable to a swift correction. Behind the scenes, market observers point to surging open interest (OI) and increased leverage, sp...
NewsBTC
Fri, Feb 21
SEC agrees in principle to drop case against Coinbase, is Ripple next?
The United States (US) Securities & Exchange Commission (SEC) reached a conclusion "in principle" on Friday to end its legal action against crypto exchange Coinbase, subject to an official vote that may take place next week.
XRP
Fxstreet
Fri, Feb 21
Ben Zhou, CEO: Bybit is solvent, will cover all claims despite a growing withdrawal queue
Bybit will repay all users, though some of the lost Ethereum (ETH) may be secured via a bridge loan for short-term claims. The exchange has enough reserves to compensate all users in kind, and is working through the withdrawal queue.
Cryptopolitan
Fri, Feb 21
Bitcoin’s Quantum Race: Can It Survive Microsoft’s Majorana?
Is quantum computing threatening Bitcoin sooner than expected? On Wednesday, Microsoft unveiled its first quantum computing chip, dubbed “Majorana 1.” While the tech community has long speculated about Google’s next-generation quantum effort—often referred to as “Willow”—Microsoft’s announcement pla...
Bitcoinist
Fri, Feb 21
Shiba Inu gears for recovery as DOGE, PEPE and BONK struggle in meme coin market
Shiba Inu (SHIB), the second-largest meme coin in the crypto ecosystem, made a key announcement on Friday.
Fxstreet
Fri, Feb 21
Ethereum Price Prediction: Extremely Strong Support And Monthly 55 EMA Says ETH Is Headed For $4,867
Ethereum has yet to return to its all-time high for over three years, a stark contrast to Bitcoin, which has surged past many price levels in the current cycle. Despite being the second-largest cryptocurrency, Ethereum has struggled to keep up with the broader market even during price rallies. Howev...
NewsBTC
Fri, Feb 21
Bybit reveals real-time liquidation data after underreported figures
On Friday, crypto exchange Bybit opened its liquidation data to the public through its enhanced application programming interface (API).
Cryptopolitan
Fri, Feb 21
Crypto exchange Bybit says ether wallet hacked
Feb 21 (Reuters) - Cryptocurrency exchange Bybit said on Friday that an attacker gained control of an ether wallet and transferred the holdings to an unidentified address.Ether cold wallet was the only one that was attacked and all other wallets of the exchange were unaffected and withdrawals were p...
Reuters
Fri, Feb 21
Best Crypto Presale of 2025 – Could Pepeto Be the Next Shiba?
Looking for the Best Crypto Presale of 2025? Shiba Inu’s incredible growth transformed regular investors into millionaires, demonstrating the power of meme coins. Once regarded as one of the best presale opportunities, Shiba rose from nearly nothing to a massive $9.3 billion market cap. At its peak, it offered over 1000x returns, cementing its place […]
Cryptopolitan
Fri, Feb 21
US securities regulator to drop lawsuit against Coinbase, firm says
Move would end years-long legal battleSEC under Trump has quickly overhauled approach to cryptoFederal judge has paused SEC lawsuit against Binance Adds paragraphs 5, 22By Hannah Lang and Chris Prentice Feb 21 (Reuters) - Coinbase COIN.O said on Friday the U.S. securities regulator planned to wit...
Reuters
Fri, Feb 21
ZachXBT: $1.46B flowed out of Bybit Ethereum (ETH) cold wallet
Bybit's Ethereum cold wallet was drained in a transaction upgrade attack, draining $1.46B in funds. The exchange remains solvent and will continue operations, as only one multisig wallet was affected.
Cryptopolitan
Fri, Feb 21
PEPE & Other Memecoins Losing On-Chain Steam, Analytics Firm Says
The market intelligence platform IntoTheBlock has revealed how Pepe & other memecoins are currently going through a decline in on-chain activity. Pepe Has Seen A Notable Drop In Active Addresses Recently In a new post on X, IntoTheBlock has talked about how the smaller tokens and memecoins in th...
Bitcoinist
Fri, Feb 21
Ethereum Price Dips After Bybit Reports Massive $1.4 Billion Hack
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. In a recent post on social media platform X (formerly Twitter), the exchange revealed that the incident reportedly occurred ...
Bitcoinist
Fri, Feb 21
FTX creditor Sunil reveals a gap in bankruptcy claims jurisdiction coverage
Sunil Kavuri, the FTX creditor activist, today announced that some jurisdictions were not eligible for FTX claim distributions via custodial exchanges due to restrictions in those countries.
Cryptopolitan
Fri, Feb 21
LINK Price Action Turns Cautious As Bearish Pennant Shapes Up
Chainlink (LINK) is flashing bearish signals as it forms a pennant pattern, hinting at a potential continuation of its downward trajectory. After struggling to gain bullish momentum, the price remains in consolidation, with sellers keeping a tight grip on the market. If this pattern plays out, LINK ...
NewsBTC
Fri, Feb 21
Bybit hacked for $1.46B in Ethereum wallet security break
Bybit confirmed a series of malicious transactions, which redirected $1.46B from its cold wallets to unauthorized addresses.
Cryptopolitan
Fri, Feb 21
Altcoins volume hits 2.7x BTC – Is this the start of Alt season?
Cryptoquant founder and CEO Ki Young Ju has revealed that the altcoin season has kicked off because stablecoin holders were favoring alts. Altcoins volume has also reached 2.7x that of Bitcoin.
Cryptopolitan
Fri, Feb 21
Best Crypto for 100x Gains as Top Analyst Suggests Crypto Hype Is Not Over
Jamie Coutts, the chief digital asset analyst of Real Vision, says that the current crypto cycle is far from over, considering global liquidity conditions. Coutts drew a comparison between the global money supply (M2) and the crypto market. Of course, crypto movements depend a lot on liquidity. The ...
NewsBTC
Fri, Feb 21
Trading activity shifts to the Sonic chain ecosystem
Sonic, rebranded from Fantom, is gaining traction as an alternative for low-cost meme activity. In addition to appreciating assets, the new chain offers an airdrop farming period until June, boosting DEX and app usage.
Cryptopolitan
Fri, Feb 21
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