After one of the largest crypto heists in history, where Bybit lost around $1.5 billion, CEO Ben Zhou provided an update confirming that the exchange has fully made up for the ETH shortfall. Bybit Makes Up for Ethereum (ETH) Shortfall Zhou took to X to announce, “Bybit has fully reimbursed the ETH shortfall, and a new Proof of Reserves (POR) report will be released soon. Stay tuned.” Latest Update: Bybit has already fully closed the ETH gap, new audited POR report will be published very soon to show that Bybit is again Back to 100% 1:1 on client assets through…
Author: cryphedge
Key takeaways Ether dipped to the $2,600 region following Bybit’s hack on Friday but now trades above $2,700 per coin. iDEGEN has raised nearly $25 million as presale ends in two days. ETH could rally higher after dipping on Bybit hack Ether, the second-largest cryptocurrency by market cap, has been volatile over the past few days. It was trading around $2,850 on Friday before crashing to $2,620 later that day after the crypto exchange Bybit was hacked. The hack saw nearly $1.5 billion worth of ETH and stETH wiped from Bybit’s cold storage wallet. However, ETH’s price has slightly recovered…
seoul, south korea, February 24th, 2025, Chainwire MARBLEX, the web3 gaming ecosystem powered by global gaming giant Netmarble, and Dracoon Ventures, a web3 game-specialized VC, are officially opening applications for MBX/HACK the FUN. This hybrid program combines a hackathon with an acceleration initiative, designed to help web3 game developers build, refine, and successfully launch high-quality games on the MARBLEX ecosystem. MBX/HACK the FUN is more than an accelerator—it’s a game launchpad. The program provides hands-on technical support, mentorship, and business acceleration opportunities for Web3 game studios. This program is tailored for teams that already have a playable build or are…
2023 had Shiba Inu investors on the high side as the SHIB token saw increased demand, with significant gains over short periods of time despite the overall market decline at the time. While the 2023 Shiba Inu bull run generated excitement among SHIB investors, crypto experts believe that upcoming RCO Finance (RCOF) project is going to lead an even greater bull run season. This new altcoin showing great growth potential is an upcoming AI-powered cryptocurrency that has entered the market with many unique features. Read on to find out more about the RCOF project’s growth potential. Shiba Inu on the…
Recently, XRP has experienced slight headwinds, as evidenced by its current trading price of $2.5542—a 0.77% decrease over the last 24 hours. This modest decrease shows a brief period of profit-taking and cautious sentiment among traders. However, overall trading volumes remain robust on major cryptocurrency exchanges like Binance, Coinbase, Kraken, and Bitstamp, ensuring sufficient liquidity for efficient price discovery. High liquidity is crucial as it provides the market with the stability needed to absorb shocks and minimizes slippage during large transactions. XRP Price Analysis Recent price charts indicate that XRP is consolidating around key technical levels. The market is currently…
Dogecoin (DOGE) has been experiencing some short-term volatility and is currently trading at $0.24452 after a 0.85% decrease in the last 24 hours. Although this price decline might seem modest, in the volatile world of cryptocurrencies, even small percentage changes can signal important shifts in market sentiment. Trading volumes have remained consistent, indicating that both retail traders and larger institutional players are actively involved. High liquidity is crucial for a stable market environment, and DOGE continues to maintain robust trading volumes on major exchanges such as Binance, Coinbase, Kraken, and decentralized platforms. This liquidity not only supports price discovery but…
Solana price analysis suggests the chain may face headwinds, despite its once-booming DeFi ecosystem and lightning-fast transactions. Aggregator data places Solana near $170–$175, with a 24-hour volume hovering around $3.7 billion, reflecting steady but not explosive interest. Meanwhile, the chain has seen a wave of meme tokens like BONK and WIF capturing short-term hype but struggling for lasting traction. In parallel, an emerging altcoin known for real-world use—Remittix is drawing capital from whales and small investors seeking more than comedic branding. Below, we break down how meme mania is influencing Solana sentiment and why utility sensation RTX is luring attention…
Meme coin mania is taking over the crypto market again, and early investors are looking for the next 100x rocket. While established players continue their slow grind, one new contender is gearing up for parabolic growth. With analysts eyeing a massive breakout to $1, this low-cap meme coin is positioned to outshine top altcoins in 2025. The hype is real, and BeerBear is quickly becoming the ultimate speculative play. LIBRA: Hype Without Substance LIBRA has been making waves in the meme coin sector, gaining attention due to its branding and aggressive marketing. However, seasoned traders know that hype alone isn’t…
Mutuum Finance (MUTM) is gaining traction as a high-potential cryptocurrency that could rise alongside XRP in the upcoming bull market. With a decentralized lending model and growing investor interest, it presents a unique opportunity for early adopters. Currently available at just $0.01, Mutuum Finance has already raised over $1 million in its presale, with 95% of Phase 1 tokens sold. As demand surges, investors are securing their positions before the price increases, anticipating strong long-term growth.Mutuum Finance (MUTM)Mutuum Finance introduces a decentralized lending system that eliminates intermediaries, allowing users to lend and borrow digital assets seamlessly. Those supplying liquidity earn…
The Shiba Inu (SHIB) ecosystem was finally seen recovering as the weekend approached. Following a rough week, the meme coin was seen picking up pace. Over the past seven days, SHIB recorded a drop of nearly 5%. The second-largest meme coin’s monthly losses stood at a staggering 23%. While this may be extremely bearish for SHIB investors, the community is hoping to see SHIB close February on a bullish note.Also Read: Ripple (XRP) Forecasted To Reach $5.40: Here’s WhenLooking Into The Shiba Inu MarketSource: Watcher GuruOver the past 24 hours, the meme coin recorded a rise of nearly 2%. At…
