ByBit suffers $1.5 billion Ethereum heist in cold wallet breachThe sophisticated attack exploited ByBit’s Ethereum cold wallet, but all other systems are reportedly unaffected.Happy Saturday!In today's crypto landscape, a monumental breach has rocked the industry as ByBit confirms a staggering $1.5 billion theft from its Ethereum cold wallet, marking one of the largest hacks in history. This sophisticated attack has raised alarms about security vulnerabilities, especially as it is linked to North Korea's notorious Lazarus Group. Meanwhile, Bitcoin's price remains steady as major holders ease profit-taking, providing a momentary buffer against market volatility. Cybersecurity experts are now urging firms to enhance their defenses in light of these escalating threats. Stay tuned for more insights on these critical developments. LATEST SLATECAST 🎙️ Uphold CEO Simon McLoughlin talks stablecoins, regulation, and the future of crypto 🚀Are you a Web3 marketer? Join our new Web3 Marketing Insights channel here https://t.me/cryptoslate_web3. We’ll be sharing tips, strategies, and special announcements to help web3 marketers level up their game. The global crypto market cap is $3.2 trillion, with a 24-hour volume of $107.79 billion. The price of Bitcoin is $96,756.89, and BTC market dominance is 59.9%. The price of Ethereum is $2,781.62, and ETH market dominance is 10.5%. The best-performing sector is eCommerce, which gained 6%. The Crypto Fear & Greed Index is currently Neutral (49). 📰 Top NewsByBit suffers $1.5 billion Ethereum heist in cold wallet breachThe sophisticated attack exploited ByBit’s Ethereum cold wallet, but all other systems are reportedly unaffected. Bitcoin price steadies as large holders curb profit-taking in FebruaryThe flattening of profits among major Bitcoin holders means less pressure on Bitcoin's price. North Korea’s Lazarus Group now using crypto gifts to breach security defensesCybersecurity experts urge firms to bolster defenses as North Korean hackers layer trust with crypto gifts. Ad: Nansen Joins TRON as a Super Representative, Enhancing Blockchain Transparency and GovernanceBy joining TRON as a Super Representative, Nansen aims to strengthen network integrity and usher in a new era of decentralized finance. 🗞️ More News
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ByBit suffers $1.5 billion Ethereum heist in cold wallet breach
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