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Bybit Hackers Launder $335,000,000 in Ethereum (ETH) With ‘No Friction, No Risk’: Report

Bybit Hackers Launder 5,000,000 in Ethereum (ETH) With ‘No Friction, No Risk’: Report

The perpetrators of the largest crypto heist in history have reportedly moved a large portion of the stolen funds without significant risks. On February 21st, the crypto exchange ByBit suffered large losses when a malicious actor believed to be the North Korean government-backed Lazarus Group breached one of its Ethereum (ETH) cold wallets and siphoned […]

The post Bybit Hackers Launder $335,000,000 in Ethereum (ETH) With ‘No Friction, No Risk’: Report appeared first on The Daily Hodl.

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Analyst Says Strong Crypto Bounce Seems Likely, Predicts Rallies to New Record High for Ethereum and Solana

Analyst Says Strong Crypto Bounce Seems Likely, Predicts Rallies to New Record High for Ethereum and Solana

A widely followed crypto strategist believes that Bitcoin (BTC) and crypto are due for a huge upside burst following a massive liquidation event. On Monday, the crypto market witnessed over $1.58 billion in liquidations, mostly levered long positions, within a 24-hour period amid a slew of bearish developments. Bitcoin itself plunged to a three-month low of […]

The post Analyst Says Strong Crypto Bounce Seems Likely, Predicts Rallies to New Record High for Ethereum and Solana appeared first on The Daily Hodl.

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Bitwise CIO Matt Hougan Says Crypto Needs ‘Another Story’ As Memecoin Narrative Fizzles Out

Bitwise CIO Matt Hougan Says Crypto Needs ‘Another Story’ As Memecoin Narrative Fizzles Out

The chief investment officer of crypto asset management firm Bitwise says the industry needs a new selling point now that memecoins are losing mindshare. In a new interview with crypto influencer Scott Melker, Bitwise CIO Matt Hougan says that North korean hacking group Lazarus attempting to launder funds from the Bybit hack through memecoin platform […]

The post Bitwise CIO Matt Hougan Says Crypto Needs ‘Another Story’ As Memecoin Narrative Fizzles Out appeared first on The Daily Hodl.

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Here Are Four Potential Bullish Catalysts for Ethereum This Year, According to CryptoQuant CEO Ki Young Ju

Here Are Four Potential Bullish Catalysts for Ethereum This Year, According to CryptoQuant CEO Ki Young Ju

Ethereum (ETH) has a flurry of potentially bullish catalysts this year, according to Ki Young Ju, the chief executive of the digital asset analytics platform CryptoQuant. Young Ju notes on the social media platform X that there is no significant sell pressure following last week’s record-shattering Bybit hack. “On-chain and market data remain neutral. Exchange […]

The post Here Are Four Potential Bullish Catalysts for Ethereum This Year, According to CryptoQuant CEO Ki Young Ju appeared first on The Daily Hodl.

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$1,580,000,000 in Bitcoin and Crypto Liquidated in Just 24 Hours As BTC Plummets To $86,141

,580,000,000 in Bitcoin and Crypto Liquidated in Just 24 Hours As BTC Plummets To ,141

Digital assets markets are plummeting following Bitcoin’s (BTC) loss of the $90,000 level and subsequent collapse to $86,141, triggering severe corrections in most altcoins as well. According to crypto data aggregator CoinGlass, there have been over $1.58 billion in liquidations in the last 24 hours, most of them leveraged long positions in Bitcoin. The market […]

The post $1,580,000,000 in Bitcoin and Crypto Liquidated in Just 24 Hours As BTC Plummets To $86,141 appeared first on The Daily Hodl.

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Bybit Ethereum (ETH) Reserves Steadily Recovering Following Massive Hack, According to CryptoQuant

Bybit Ethereum (ETH) Reserves Steadily Recovering Following Massive Hack, According to CryptoQuant

Market intelligence platform CryptoQuant says that the Ethereum (ETH) reserves of Bybit are recuperating after the crypto exchange was hacked to the tune of $1.4 billion. In a new thread on the social media platform X, Julio Moreno – CryptoQuant’s head of research – says that Bybit is seeing inflows worth over $390 million in […]

The post Bybit Ethereum (ETH) Reserves Steadily Recovering Following Massive Hack, According to CryptoQuant appeared first on The Daily Hodl.

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Galaxy’s Mike Novogratz Shuts Down Calls for Ethereum Hard Fork, Asks World Leaders To Go After Lazarus Group

Galaxy’s Mike Novogratz Shuts Down Calls for Ethereum Hard Fork, Asks World Leaders To Go After Lazarus Group

Billionaire Mike Novogratz says world leaders should act to take down Lazarus, the notorious North Korean hacker group responsible for the recent Bybit hack, which is believed to be the biggest heist in human history. Novogratz, the CEO of crypto investment firm Galaxy Digital, says that Bybit did a world-class job of handling the hack, […]

The post Galaxy’s Mike Novogratz Shuts Down Calls for Ethereum Hard Fork, Asks World Leaders To Go After Lazarus Group appeared first on The Daily Hodl.

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Crypto Veteran Samson Mow Slams Ethereum, Calls for Chain Rollback After Hackers Loot $1,400,000,000 From Bybit

Crypto Veteran Samson Mow Slams Ethereum, Calls for Chain Rollback After Hackers Loot ,400,000,000 From Bybit

Bitcoin advocate Samson Mow says Ethereum should undergo a hard fork after North Korean hackers stole a staggering $1.4 billion in ETH and stETH by exploiting crypto exchange Bybit. In a new thread on the social media platform X, Bitcoin (BTC) maximalist Samson Mow says the leading smart contract platform by volume should roll back […]

The post Crypto Veteran Samson Mow Slams Ethereum, Calls for Chain Rollback After Hackers Loot $1,400,000,000 From Bybit appeared first on The Daily Hodl.

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Technical Indicator Suggests DeFi Altcoin Maker (MKR) Primed for a Pullback, According to Crypto Trader

Technical Indicator Suggests DeFi Altcoin Maker (MKR) Primed for a Pullback, According to Crypto Trader

A technical analysis indicator suggests the decentralized finance (DeFi) altcoin Maker (MKR) could be poised for a correction, according to a popular crypto analyst. Trader Ali Martinez tells his 128,100 followers on the social media platform X that MKR’s Tom DeMark (TD) sequential indicator flashed a bearish signal on its 12-hour chart. Traders use the […]

The post Technical Indicator Suggests DeFi Altcoin Maker (MKR) Primed for a Pullback, According to Crypto Trader appeared first on The Daily Hodl.

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Crypto Analyst Says Top Ethereum Competitor To Plunge Lower Before Surging Higher, Updates Outlook on Bitcoin

Crypto Analyst Says Top Ethereum Competitor To Plunge Lower Before Surging Higher, Updates Outlook on Bitcoin

A widely followed crypto analyst believes that one Ethereum (ETH) rival may dip lower before having an explosive rally. In a new strategy session, pseudonymous crypto trader Inmortal tells his 229,300 followers on the social media platform X that Solana (SOL) may decline further due to fears over the impact of an upcoming massive token […]

The post Crypto Analyst Says Top Ethereum Competitor To Plunge Lower Before Surging Higher, Updates Outlook on Bitcoin appeared first on The Daily Hodl.

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