Cryptomania Club
Cryptomania Club
February 27, 2025 at 12:52 PM
*☄️MIDWEEK DIGEST: Bybit Hacked, Bitcoin Dropped, Fear Is Rising* Big crypto news this week! From the Bybit hack and Bitcoin’s crash to Trump’s tariff threat and market panic — here’s what’s shaking the market: *🚨 Biggest Crypto Heist Ever: Bybit Hacked for $1.5 BILLION! 😱* Massive breach alert! Hackers just looted $1.5 billion in ETH from Bybit, making it the biggest crypto heist in history. Investigator ZachXBT suspects North Korea’s Lazarus Group is behind the attack. The hacker took control of an Ethereum wallet, swiftly spreading the stolen funds across 48 addresses. Bybit’s CEO says 80% of the losses have been covered through emergency bridge loans, but questions remain — was wallet provider Safe also compromised? *💥 Bitcoin crashes to $86K, crypto market in trouble* Bitcoin fell below $86K, losing almost $500B from the market after hitting $108K last month. The fall comes as Trump’s pro-crypto promises remain unclear. The Bybit hack also hit Ethereum, making it drop by 15%. *😨 Extreme Fear Takes Over* With so much uncertainty in the crypto market, sentiment has crashed — Fear & Greed Index has dropped to 10, signaling Extreme Fear. Panic selling or the perfect time to buy? *🛃 Trump threatens EU with 25% tariffs, trade war looms* Trump plans 25% tariffs on the EU, claiming it was "formed to screw the US." The EU vows to hit back fast. Tariffs could affect $29.3B in exports. Macron tried to change Trump’s mind, but no luck. Experts warn this could hurt the US economy, adding more uncertainty to global markets, including crypto. *🔈 Spread the word — this is BIG!*
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