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Cryptocurrency Turmoil: Hacks, Adoption, and Market Movements

Author
Goose Magazine
Published
Sun 23 Feb 2025
Episode Link
https://capitalcopilot.io/episode/bb1030d8-77f9-4953-9459-6f56c486bfcf/

After a massive hack on Bybit for one point four billion dollars, North Korea's Lazarus group is under scrutiny. There's buzz around a controversial suggestion to roll back the Ethereum network, but the community strongly opposes it. Meanwhile, Bybit is navigating a "bank run" with assets dropping significantly. In a related move, Bybit has started buying Ether, temporarily boosting its price.

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