The Bybit hackers picked up the pace on March 1, laundering another 62,200 Ether amid efforts from US authorities to block transactions tied to the exploiters. North Korea’s Lazarus Group laundered another 62,200 Ether, worth $138 million, from the Feb. 21 Bybit hack on March 1 — leaving only 156,500 left to be moved, a…
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The statement came shortly after Lookonchain reported Bybit had bought $742 million worth of Ether between Feb. 22 and 23. Bybit CEO Ben Zhou says his cryptocurrency exchange has fully replaced the $1.4 billion worth of Ether that was hacked on Feb. 21. A new audited proof-of-reserve report will be published very soon to show…
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A minor move for Ethereum has outpaced the border crypto market while exchange balances have declined. Ethereum prices have outperformed the broader crypto market over the past 24 hours in a rare move that resulted in a 12-day high, indicating “mild signs” of a rebound, according to Santiment. “Ethereum has shown mild signs of a…
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Eric Trump, who is involved in the Trump family’s World Financial Liberty platform, told his followers it’s a good time to buy Ether. Ether rebounded to above $2,900 after US President Donald Trump placed a halt on tariffs aimed at Canada and Mexico, while his son, Eric Trump, told his 5.4 million X followers that…
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ETH price fell 11% over the past 30 days, but bullish sentiment and other data point toward a rally to $4,000. futures open interest has surged to 9 million ETH as of Jan. 17, its highest level ever. The milestone follows a 10% increase in open interest over two weeks, reflecting a rising appetite for…
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An analyst says Ether’s potential to outperform Bitcoin at the beginning of 2025 may lead to a wider “altcoin run in the Ethereum ecosystem,” US-listed Bitcoin, Ether ETFs tally a combined $38.3 billion in net inflows for 2024, and more. IRS issues rules on digital asset reporting, says front-ends are brokers The United States Internal…
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ETH price lost the $4,000 level as Bitcoin and altcoins corrected. Is this a standard correction or is something else at play? Ether declined on Dec. 9, retesting the $3,800 level after failing to break above $4,050—a resistance level intact since December 2021. The 5% price drop has raised concerns among traders about the sustainability…
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The move by UBS to launch a tokenized fund on Ethereum is like “putting ETH right into the heart of traditional finance,” says one crypto commentator. The Union Bank of Switzerland (UBS) has rolled out a tokenized fund on the Ethereum blockchain network after highlighting the increasing interest among investors for tokenized financial assets. In…
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A crypto analyst highlighted a 65% increase in Ethereum held in accumulation wallets since the start of 2024, arguing that it’s no longer just for “tech enthusiasts.” Just over $50 billion worth of Ether is currently locked in accumulation wallets — nearly 65% more than the beginning of 2024, according to a crypto analyst. “By…
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CryptoQuant CEO Ki Young Ju noted that while Ethereum’s MVRV is rising quickly, onchain activity levels suggest it may not be overvalued. A key metric used to determine whether Ether is overvalued or not has been “heating up” relative to Bitcoin — though one analyst argues the asset may not be in overbought territory just…
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