Bybit has returned 447,000 ETH through multiple channels, close to making up for the gap in hacking incidents

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Shield Protocol: Infini Hack Incident May Involve Private Key Leak

According to PeckShield monitoring, the stablecoin digital bank Infini's funds were transferred to a wallet funded by Tornado Cash, and the received funds have been exchanged for DAI. "It appears that private key 0xc49b...e3e1 has been compromised."

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Bybit CEO Ben Zhou stated that the exchange has fully closed the stolen ETH gap, with its newly audited proof-of-reserves confirming 100% 1:1 asset backing.

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Crypto bank Infini is exploited with hackers stealing over $49.5m to acquire 17,695 ETH at an average price of $2,798.

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Bitcoin Hodl Strategy Unrealized Gains Surpass $14.7 Billion, Average Purchase Price Around $66,357

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🗞 February 24, 2025 cryptocurrency news highlights

【Cryptocurrency】
The market shows that BTC has broken through $96,000 and is now reported at $9,6004.35. The 24-hour decline narrowed to 0.65%, and the market fluctuates greatly 🪙

【Economy】
Bybit CEO Ben Zhou stated that the exchange has fully closed the stolen ETH gap, with its newly audited proof-of-reserves confirming 100% 1:1 asset backing.

【Indicators】
Bitcoin Hodl Strategy Unrealized Gains Surpass $14.7 Billion, Average Purchase Price Around $66,357

【More】
HK Asia Holdings Approved for Bitcoin Expansion

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💸 The market shows that BTC has broken through $95,000, and now it is reported at $9,9013.5. The 24-hour decline narrowed to 0.38%, and the market fluctuates greatly

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The United States Department of Justice begins an investigation into the cryptocurrency case $ LIBRA , following the complaint filed against Argentine President Javier Milei

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BTC fell below $91,400, and now reported $91388.01, with a 24-hour decline of 5.1%, and the market fluctuates greatly 💰

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🇺🇸 Representatives in Ohio introduce bill that would remove state taxes on Bitcoin payments

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Over $950m was liquidated in the past 24 hours, including $800m in long positions, as Bitcoin fell from over $96,000 to under $91,000.

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OKX agreed to a $505m settlement with the U.S. DOJ for operating without a license. It will pay $84m in penalties and forfeit $421m in fees.

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Since reaching its peak on February 7th, the Bitcoin ETF has seen a net outflow of $1.649 billion.

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JUST IN: 🟠 $635m leveraged Bitcoin positions liquidated in just 24 hours.

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🗞 February 25, 2025 cryptocurrency news highlights

【Cryptocurrency】
BTC fell below $91,400, and now reported $91388.01, with a 24-hour decline of 5.1%, and the market fluctuates greatly 💰

The United States Department of Justice begins an investigation into the cryptocurrency case $ LIBRA , following the complaint filed against Argentine President Javier Milei

【Economy】
🇺🇸 Representatives in Ohio introduce bill that would remove state taxes on Bitcoin payments

【Indicators】
💸 The market shows that BTC has broken through $95,000, and now it is reported at $9,9013.5. The 24-hour decline narrowed to 0.38%, and the market fluctuates greatly

【More】
$635m leveraged Bitcoin positions liquidated in just 24 hours.

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The U.S. SEC abandoned the investigation of Uniswap Labs

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The market shows that BTC broke through $88,000, and is now reported at $88,004.59, with a 24-hour decline of 6.39% 🪙

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Mirana Ventures has deposited $600 million in ETH to Bybit in the past three days, becoming the largest ETH depositor after the Bybit hacking incident 🔹

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Robinhood CEO: The Trump administration may pass stablecoin legislation this year 🫠

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Bybit has officially registered with Indian authorities, restoring all services for existing users as of February 25, including the ability to open new trades and access all products.

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