BitMEX co-founder Arthur Hayes urged Ethereum co-founder Vitalik Buterin to weigh in on the proposal, which Bybit CEO Ben Zhou said he had initially brought to the Ethe
Ethereum price has dropped by more than 5% in what marks a failure to recover from Bybit hack aftermath, but how far will it drop?
Bybit CEO Ben Zhou confirmed in an X post on Monday that the exchange has 100% closed the reserve gap from its hack on Friday, where the North Korean Lazarus Group stole about $1.44 billion worth of ETH. The gap was closed through loans, whale deposits and over-the-counter (OTC) ETH purchases.
Ether ( ETH) price dropped 5% on Feb. 24, despite reports that crypto exchange Bybit acquired $740 million worth of ETH from the open market. Some traders expected a price rebound after the Feb. 21 hack, anticipating that Bybit’s purchases to cover losses would push prices higher. However, this scenario did not materialize.
The cryptocurrency market is buzzing with anticipation as three major developments take center stage. Ethereum (ETH) is on the verge of a breakout, with analysts closely monitoring whether it can surpass the critical $3,
The world's second-largest crypto exchange Bybit suffered an exploit Friday that saw it drained of about $1.4 billion worth of Ethereum and staked ether. Bybit CEO Ben Zhou immediately shared news of the exploit Friday morning on X,
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.
The cryptocurrency market in early 2025 has already seen significant developments, as revealed in Gemini’s recent industry update.
First, let's examine the lay of the land for these two coins.
Just a few years ago, Ethereum was the ecosystem at the center of speculative frenzies, fueled by ICOs and NFTs. Now, Solana is experiencing its own boom — and potential bust — with memecoins dominating onchain activity. But as the fallout from the latest wave of speculation sets in, Ethereum may stand to benefit from Solana’s missteps.