Bybit’s $1.48B Hack Triggers $4.3B Crypto Market Exodus, Glassnode Reports

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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 […]

Metaplanet Issues $13.6 Million in Zero Percent Bonds to Buy More Bitcoin

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Tokyo-based Metaplanet Inc. has announced the issuance of its 7th series of ordinary bonds to raise $13.6 million (2 billion yen) to fund additional bitcoin purchases. The move, approved on Wednesday, Feb. 27, aligns with the company’s growing bitcoin treasury strategy. This follows Metaplanet’s recent $12.9 million purchase, expanding its holdings to 2,235 BTC. The […]

Bitcoin ETFs Mark Seven Day Outflow Streak With $755 Million in Outflows

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The crypto market continues to face significant challenges with bitcoin ETFs experiencing a seventh consecutive day of outflows, totaling $755 million on Wednesday, Feb. 26. Ether ETFs also saw their fifth straight day of outflows, amounting to $94 million. Sustained Outflows As Bitcoin and Ether ETFs Face Continued Investor Pullback Investor sentiment remained bearish as […]

Jack Dorsey’s Block Implements Bitcoin Inheritance Feature

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Block states that this is a solution to a multibillion-dollar problem waiting to happen. Owners of Bitkey, the company’s hardware wallet, will be able to link a partner address where the funds will be deposited six months after the owner’s death. Block Rolls out Bitcoin Inheritance Feature for Bitkey Users Block, the Bitcoin company co-founded […]

Murder in Korea: Chinese National Killed While Trading Cryptocurrency

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A Chinese national was murdered in a luxury hotel in Jeju City, South Korea, while trading cryptocurrency. Four individuals have been arrested in connection with the murder case. The killer also stole nearly $59,000 from the victim. Chinese National Murdered While Trading Cryptocurrency in Korea Wrench attacks are rising in the cryptocurrency space. Local reports […]