Non-KYC crypto exchange eXch has denied accusations of laundering funds from the $1.4 billion Bybit hack, despite blockchain analysts linking stolen assets to its platform. While eXch admitted that some funds from the hack were processed, it insisted the case was “isolated.” Bybit suffered one of the largest crypto thefts
The Bybit hack, now the largest crypto breach in history, has sent shockwaves through the market. As the stolen ETH’s are moved and liquidated, Ethereum’s price has tumbled by more than 3.30%, raising concerns about further volatility. The hacker drained roughly 401,000 ETH worth $1.4 billion from Bybit’s cold wallets.
Bybit, one of the leading cryptocurrency exchanges, had a calamitous hack last Friday, during which about 401,000 ETH worth $1.4 billion was stolen. This has become the largest recorded heist in history. Ben Zhou, Bybit co-founder and CEO confirmed that the breach happened due to an advanced attack that exploited
Ethereum is tightening in a narrow price band. The range—$2,650 to $2,750—has held firm for over two weeks. A decisive breakout is coming, but the direction remains uncertain. Technical analysis indicates a symmetrical triangle pattern on Ethereum’s 4-hour chart, suggesting potential for an upward movement. A successful breakout could target
Ethereum (ETH), the largest altcoin, made a fresh attempt to surge past $2.7K. It broke the $2,794 resistance but faced rejection near the $2,850 range, signalling a short-lived bullish push. In the early hours, a high was formed at $2,848, climbed from the low of $2,669. Analysts predict that Ethereum’s
The cryptocurrency market continues to evolve, and as investors search for the top crypto coins to buy now, the spotlight is on a few standout projects making waves. Qubetics, Bitcoin, and Ethereum are three of the best crypto coins to buy now, each offering unique features and opportunities that set
The Cboe BZX Exchange, Inc. has filed a proposal formally to facilitate staking for the 21Shares Core Ethereum exchange-traded fund (ETF). In a Form 19b-4 filing, the exchange sought the U.S. Securities and Exchange Commission (SEC) approval to stake in the fund. The SEC approved the 21Shares Core Ethereum ETF
Ethereum posted a significant price gain in the last 24 hours. The cryptocurrency increased 3.2% to $2,715 on February 11. This followed a trend where large quantities of ETH were withdrawn by numerous investors from centralized exchanges. Whale Activity: Blockchain statistics indicate that whale addresses are transferring large quantities off
Ethereum is going on a downward spiral despite recording a considerable amount of spot ETF inflows in the last few weeks. While Bitcoin is struggling to reclaim its $100,000 mark, the broader crypto market is underperforming for the past few days. Meanwhile, the crypto fear and greed index fell into
Ethereum (ETH) is currently priced at $2,666.49 which showing a 1.91% gain in the last 24 hours. Its market cap has also climbed to $321.4 billion, up by 1.92%. Still, trading activity has slowed down with the 24-hour volume dropping nearly 49% to $15.15 billion. The Ethereum Foundation has moved
