by

Cryptocurrency Drama: Bybit’s Epic Bounce Back?

Right, so picture this: Bybit gets hit with a mega hack – we’re talking $1.4 billion, people! 😮 The Lazarus Group, apparently North Korea’s very own cyber ninjas, decided to make off with their crypto stash. Talk about a Monday morning disaster!💀

But Bybit, bless their cotton socks, ain’t letting this bring them down. They borrowed a cool 40,000 ETH from Bitget – like borrowing a tenner off your mate at the pub, only, you know, with a lot more zeros. 😂

Read more$70 million in 24 hours: Can Ethereum crack $4,000 thanks to whales?

Paying Back the Loan: A Feel-Good Story (Maybe?)

And guess what? Bybit paid it all back in record time! They basically dusted themselves off, regrouped, and showed everyone they’re not messing around.💪 Bitget CEO, Gracy Chen, even tweeted about it, all “no interest, no collateral, just good vibes.” 💖

Lookonchain, those crypto sleuths, say Bybit even managed to claw back most of the stolen loot. They were practically swimming in ETH! 🐋

Read moreBitcoin halving could be a ‘sell-the-news’ event, at least for a few months

Still, it’s a bit of a rollercoaster for investors, right? ETH took a nosedive after the hack, leaving everyone wondering if the whole crypto market was about to go belly up. 📉 But things seem to be looking up. At least for now.

Read morePEPE flips Optimism: Can OP emerge from the memecoin mania?

Read More

2025-02-25 10:35