Web 3, Finance, Crypto, Blockchain, Business
February 22, 2025 at 05:58 PM
*CRYPTO UPDATES* - 22nd February 2025.
1. Bybit is offering a $140 million bounty for catching the culprits behind the $1.46 Billion hack.
2. Polymarket users predict there’s a 21% chance #bitcoin hits 200k in 2025.
3. DWF Labs(@DWFLabs) deposited 2,200 $ETH($6.02M) to #bybit an hour ago. Since being hacked, they've have received 145,879 $ETH($390M) in loans and deposits.
4. $927 billion was wiped out from the US stock market today, recording its worst day of 2025. Way higher than the crypto market even after the bybit hack.
5. 🇺🇸 SEC ends investigation into NFT marketplace OpenSea.
6. AI models are now recommending #bitcoin as an “asset to own.”
7. 🇰🇵 North Korea's Lazarus Group are the ones behind Bybit's $1.4 billion hack, ZachXBT reports. They now hold roughly 0.42% of total supply, more than Fidelity, Vitalik, and 2x +what the Ethereum Foundation holds. They are now the 14th largest ETH holder in the world.
8. 🇺🇸 South Dakota lawmakers schedule hearing next week to review bill allowing state Bitcoin investments.
9. VanEck projects that if the US Government accumulates 1,000,000 BTC by 2029 it could offset $21 Trillion in national debt.
10. Pro-Bitcoin Kash Patel has officially sworn in as FBI Director.
11. Franklin Templeton has filed an S-1 registration for a Solana ETF.
12. The hacker who attacked #bybit and stole $1.4B in assets appears to have received $ETH from @binance as gas fees.
_*Daily Crypto Updates Here:*_
https://whatsapp.com/channel/0029VajB00n0LKZ7cSloGR1M
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