Bybit suffered a $1.48 billion hack on Feb. 21, 2025, leading to panic-driven withdrawals and a market-wide sell-off, according to the latest Glassnode onchain report co-authored by researchers Cryptovizart and Ukuria OC. Glassnode Tracks Bitcoin’s 13.6% Monthly Decline Following Bybit Exploit The breach, researchers noted in the post-mortem report, pushed bitcoin (BTC) 20% below its […]
Source link

Chain Articles > Blog > Bitcoin > Bybit’s $1.48B Hack Triggers $4.3B Crypto Market Exodus, Glassnode Reports
Bybit’s $1.48B Hack Triggers $4.3B Crypto Market Exodus, Glassnode Reports
posted on
You Might Also Like
This Week’s Top Gainers: T Token Logs a 30% Advance, CORE and TFUEL Notch Gains
Jack DaviesApril 19, 2025
On Saturday, the global cryptocurrency market cap ticked up 0.53%, landing at $2.68 trillion. Over the past week, both ethereum...
Metaplanet Buys 319 More Bitcoin, Eyes 10,000 BTC by End of 2025
Jack DaviesApril 19, 2025
Metaplanet Inc. has purchased an additional 319 bitcoin (BTC) worth around ¥3.78 billion (approximately $26.3 million) and is now one...
Why is IOTA Crypto Up? Everything To Know About IOTA Starfish
Jack DaviesApril 19, 2025
Yesterday, IOTA crypto introduced its Starfish, a new Byzantine Fault Tolerant (BFT) consensus mechanism to enhance DAG-based distributed ledgers. It...
Bitcoin Miners Press on as Difficulty Climbs 1.42% in Early Saturday Adjustment
Jack DaviesApril 19, 2025
Around 4 a.m. Eastern time Saturday, when Bitcoin’s block height reached 893,088, the network difficulty ratcheted upward to a new...