Lazarus Steals $1.46 Billion From Bybit: Not Breaking Code, Just People
Yesterday, February 21, crypto exchange Bybit fell victim to the biggest theft in crypto history, when the infamous North Korean-backed hacking group Lazarus stole $1.46 billion from the exchange’s cold wallet.
Importantly, the hack did not rely on exploiting a code vulnerability or stealing private keys. Instead, Lazarus broke the human element – the people who controlled Bybit’s multisig wallets.
Ethereum (ETH) is one of the leading blockchain platforms, famous for its ability to support smart contracts and decentralized applications (dApps). With important upgrades and strong ecosystem development, Ethereum is showing great potential in the future.
1. Ethereum's Potential • Technological upgrades: The transition to Proof-of-Stake (PoS) mechanism through The Merge upgrade has improved performance and reduced energy consumption. Further upgrades such as Danksharding are expected to enhance scalability and reduce transaction fees. 
As of February 18, 2025, the cryptocurrency market is experiencing significant fluctuations. Below are some updates on the prices of leading cryptocurrencies: • Bitcoin (BTC): The current price is $95,671, down 0.57% from the previous day. • Ethereum (ETH): Trading at $2,685.57, down 2.71%. • BNB (BNB): The current price is $656.4, down 2.43%. • Cardano (ADA): Currently at $0.774526, down 3.74%.
Dogecoin (DOGE), originally created as a joke in 2013, has become one of the most prominent cryptocurrencies in the market. Recently, DOGE has experienced notable price volatility and garnered interest from both investors and the media. Recent developments of Dogecoin In October 2024, Dogecoin recorded an impressive increase, with its value rising over 75%, reaching its highest level since May of that year. This surge was driven by interest from prominent figures like Elon Musk and positive developments in the cryptocurrency market.
The performance table of the TOP 50 tokens in 2024 shows that only 14 coins are truly profitable
The basic probability problem also shows that the ratio is 14 / 10 million 20 million + various cryptocurrencies are floating out there
- If you ask me if I still believe in Altcoin Season?
I definitely still BELIEVE it will happen because there is only one logic: the flow of money circulating among whales, sharks, market makers, and various types of investors inherently creates a situation where they have to shift the crowd of users from Bitcoin to Altcoin and then end the cycle, creating a loop for the next cycle $PEPE $BTC #AICrashOrComeback
Do people really think he will bring a bull market for cryptocurrency, right? Well, surprise, surprise! He and his wife launched meme coins and guess what? Those coins have now collapsed worse than his old casinos. Who could have seen that coming? Before he took office as president, influencers promoted him as if he was the reincarnation of Satoshi Nakamoto!
Cuba is said to have launched an official memecoin named “Cuba Coin” and engaged in a "rug pull" after this token increased in value, leading many to believe that the country was participating in the memecoin craze initiated by Donald Trump. However, later, the Cuban government announced that their account X had been hacked and the incident was not carried out by them. This account had continuously posted scam links related to memecoin and was ultimately locked.
Recently, the TRUMP memecoin reached a market cap of 14.5 billion USD, affirming Solana as the number 1 blockchain for memecoins. After this event, many opinions suggest that SOL could surpass ETH in 2025. So let's put SOL and ETH on the scale for comparison to get a clearer view of SOL's potential to outshine ETH in 2025: 1️⃣ PERFORMANCE: SOLANA IS BREAKING THROUGH - SOL has surpassed ETH in several important metrics such as DEX volume, TVL, and real economic value.
Mr. Musk is not pleased to be left out of the $500 billion project and has a combat response on X Will the coins Mr. Musk shills trend down or increase in price $SOL #CryptoSurge2025
Just one day after taking office, Trump signed a series of executive orders. Meanwhile, the market situation is on fire Will the future of crypto react to Trump's new executive orders?