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
Robert Kiyosaki Warns 10 US States Are Collapsing—’People Are Leaving’
Jack DaviesApril 20, 2025
Ten U.S. states are collapsing, Robert Kiyosaki warns, as mass migration accelerates and economic stress ignites urgent fears about the...
Piero Coen and Osmo: The Bitcoin-Powered Neo Bank
Jack DaviesApril 20, 2025
With a mission to empower the unbanked and revolutionize financial access, Piero Coen, together with Victor Evheverria, founded Osmo to...
Kyrgyzstan Approves CBDC Pilot, Grants Digital Som Legal Tender Status
Jack DaviesApril 20, 2025
Kyrgyzstan has taken a major step toward embracing digital currency, as President Sadyr Zhaparov signed a constitutional law authorizing a...
Canary Staked Tron ETF Aims for Public Offering After S-1 Filing
Jack DaviesApril 19, 2025
Canary Capital Group LLC filed a Form S-1 registration statement with the Securities and Exchange Commission (SEC) on Friday for...