Lazarus Group consolidates Bybit funds into Phemex hacker wallet
Onchain evidence following the $1.4 billion Bybit hack has linked North Korea’s Lazarus Group to the Phemex hack in January, according to ZachXBT.
Posts published on February 22, 2025 go to media archive 2/3
Best Crypto to Buy as Odds of a Kanye West Meme Coin Spike 83%
Anticipation among both crypto enthusiasts and bettors remains high for a potential Kanye West meme coin. If it becomes a reality, the token would almost certainly be one of the best cryptos to buy. The uproar has been caused by an alleged CoinDesk…
SEC Ends Investigation Into NFT Marketplace OpenSea: A Victory for Creators?
Key Takeaways: The SEC has ended its investigation into OpenSea, a popular NFT marketplace. Industry figures are seeing the SEC’s move as a potential catalyst for the NFT market to grow and innovate. The ruling follows the dismissal of a lawsuit…
Is Bitcoin a good investment for retirement?
Find out the potential advantages and risks of incorporating Bitcoin into your retirement portfolio and whether it’s a viable long-term investment option in 2025.
Safemoon’s Former CTO Pleads Guilty to Fraud
The guilty plea is the latest development in one of crypto’s most scandalous fraud schemes that left an $8 billion project bankrupt. Former Executive of Defunct Crypto Firm Safemoon Enters Guilty Plea Thomas “Papa” Smith used to be the chief…
Cardano Must Hold Critical Support Around $0.67 To Sustain Bull Run – Details
Cardano is trading above key demand levels after a volatile Friday that saw prices react sharply to the Bybit $1.5+ billion hack news. Bybit is a top cryptocurrency exchange. The market-wide panic took prices from local highs to critical demand…
Bybit exploit exposes security flaws in centralized crypto exchanges
The $1.4 billion hack was caused by similar attack vectors as the $230 million WazirX hack and the $58 million Radiant Capital hack, according to Cyvers.
Bitcoin’s Grip Tightens — CZ Says There’s ‘No Escape’ From Crypto
A former cryptocurrency exchange executive remarked that Bitcoin is an inescapable reality, a statement that stirred a discussion within the crypto community. The comment made by the former CEO of Binance, Changpeng Zhao, was a reaction to the…
Bitcoin and Ether ETFs Debut on ASX as Betashares Partners With Bitwise
The launch of bitcoin and ether ETFs on the Australian Securities Exchange (ASX) by Betashares provides Australian investors with a regulated and accessible way to gain exposure to digital assets. Betashares Expands Crypto Offerings With Bitcoin…
US Crypto Index ETFs Face Lukewarm Reception After Launch – What’s Holding Them Back?
Key Takeaways: Initial investor interest in new crypto index ETFs has been significantly lower compared to spot Bitcoin ETFs. The limited scope of assets (currently only Bitcoin and Ether) is hindering diversification and overall appeal. Future…
Bybit processes all withdrawals, system returns to ‘normal pace’ — Ben Zhou
Bybit CEO Ben Zhou said that withdrawals have returned to a “normal pace” after the major exploit that drained $1.5 billion from the exchange.
As Bitcoin Sell Pressure Fades, Could A Local Bottom Be Forming? Analyst Explains
According to an X post by crypto analyst Ali Martinez, Bitcoin (BTC) is witnessing a decline in sell-side pressure, indicating that a local market bottom may soon form for the premier cryptocurrency. Bitcoin Local Bottom On The Horizon? Bitcoin…
Strike Launches Callback Phone Support
Bitcoin payments firm Strike now offers callback phone support to its verified U.S. customers. “We know that sometimes a phone conversation is the most effective way to get the help you need,” the company said when it officially announced the…
ZachXBT Identifies Lazarus Group as Bybit $1.4B Hackers, Wins Arkham Bounty
Key Takeaways: February 2025 saw one of the largest hacks in crypto history, a $1.4 billion hack against Bybit. On-chain sleuth ZachXBT names North Korea’s Lazarus Group among the likely perpetrators. Crypto community rallies with support, security
Bybit Payroll Heist: Nearly 10 Years in Prison for $5.7M Crypto Theft
A Bybit payroll fraud scheme funneled $5.7 million into a worker’s personal wallets, funding luxury splurges before authorities uncovered the deception and issued a prison sentence. Bybit Crypto Payroll Fraud Leads to Prison Sentence A…
Altcoins Ready For Round Two? CryptoQuant CEO Says Altseason Already Begun
As the cycle progresses, many investors are awaiting the long-anticipated Altseason, with opinions split on whether it will happen. Several market watchers have affirmed that Altcoins (Alts) are getting ready for an explosive breakout, but others…
ECB Expands Digital Asset Settlement—A Major Shift in European Finance
The European Central Bank is advancing its digital asset settlement strategy, aiming to streamline transactions, enhance security, and strengthen financial stability across European markets. Digital Asset Settlement Transformed as ECB Embraces DLT…
“Alt Season Has Begun”, Said CryptoQuant CEO – Is It Really Here, and What’s Driving It?
Key Takeaways: Investors are shifting focus as altcoin trading volume is much higher than Bitcoin’s. Stablecoins are now the primary driver of altcoin interest, rather than direct rotation from Bitcoin. This alt season is highly selective…
Pascal Hard Fork: BNB Chain’s Next Big Step Towards Smart Contract Wallets & Ethereum Compatibility
Key Takeaways: Pascal hard fork is here to implement native smart contract wallets on the BNB Chain, and allows for batch transactions. This upgrade enhances the user experience via lower fees and greater efficiency. This hard fork coincides with…
Bybit Suffers Massive $1.4 Billion Hack: What You Need to Know
SEC Agrees to Drop Enforcement Case Against Coinbase: A Watershed Moment for Crypto Regulation
Key Takeaways: Pending final approval, the SEC has agreed to dismiss its lawsuit against Coinbase. This is indicative of a potential change in the US toward a more crypto-friendly regulation. Coinbase CEO Brian Armstrong heralds this as a boon for…
Meme Coin Mania on Solana Cools Down: Is the Party Over?
Key Takeaways: Token Launch Fatigue: The initial surge in Solana-based meme coin launches is showing signs of slowing down. Scams Cast a Shadow: High-profile scandals of meme coins dent investor confidence. Regulation on the Horizon: The SEC is…
Litecoin Booms: 243% Jump in Transactions as ETF Rumors Swirl
Litecoin Booms: 243% Jump in Transactions as ETF Rumors Swirl Key Takeaways: Anticipation of spot ETFs has led to a surge in Litecoin’s daily transaction volume Since the beginning of October, LTC’s market cap has been rising much faster tha
ETF Flows: Bitcoin and Ethereum Experience Major Sell-Off on February 20
Key Takeaways: Major ETF Outflows: Bitcoin ETFs faced $364.8M in withdrawals and Ethereum ETFs lost $13.1M on February 20. Market Impact: BTC and ETH prices may face downward pressure due to increased supply and selling activity in the near term…
Blockchain gaming market is a ‘game of musical chairs’ — Gunzilla exec
Gunzilla Games Web3 director says the biggest problem in blockchain gaming is the lack of “new money coming into the system.”
XRP Bulls Need This Break For A Shot At $6
Crypto analyst Egrag Crypto (@egragcrypto) has outlined both short-term and long-term trajectories for XRP, pinpointing potential upside targets that range from $4–$6 in the near term to $33–$60 over the long haul. The shared chart focuses on…
Russia’s Supreme Court Moves to Classify Crypto as Property
Russia’s Supreme Court is pushing to classify cryptocurrency as property in penal cases, aiming to strengthen law enforcement’s ability to track, freeze, and confiscate illicit digital assets. Russia’s Supreme Court Advances Crypto Legalization…
Coinbase Explains How They Beat the SEC—and What It Means for Crypto
Coinbase’s CEO says winning against the SEC was crucial to protecting U.S. crypto, accusing the agency of overreach and political intimidation. Coinbase CEO Reveals Why Standing Up to the SEC Was Essential Following the U.S. Securities and Exchange…
Bitfinex Whale Activity Increases As Bitcoin Approaches $100k—Further Surge Ahead?
Following a lackluster performance in recent weeks, Bitcoin appears to be seeing a steady recovery with its price now approaching the $100,000 price mark. Particularly, so far, BTC has managed to regain some of the losses shedded in recent weeks…
North Korea’s Lazarus Group’s Sophisticated Tactics Behind $1.46B Bybit Crypto Heist
North Korea’s Lazarus Group, a state-backed hacking collective renowned for its technical sophistication, executed the largest cryptocurrency theft in history by stealing $1.46 billion from Bybit, investigators confirmed. North Korea’s Lazarus…