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Ether

The Ethereum blockchain was built to serve as a single source of truth backed by a public transaction database and to function as a platform for a variety of decentralized applications ranging from financial services to games. Ether is the native token for the Ethereum ecosystem.

Ether's price is at a critical point following the Bybit exchange hack on Feb. 21, in which over $1.4 billion worth of liquid-staked Ether and other digital assets were stolen.

Ether's Path to $3,000: Investor Sentiment Shifts After Crypto Exchange Breach and Large-Scale Buyback

Bybit plans to release an audited proof of reserves report to verify that it has restored its client assets on a one-to-one basis.

Bybit CEO says exchange has closed shortfall in ETH reserves, plans to release audited POR report

In recent days, the cryptocurrency platform Bybit fell victim to a sophisticated cyberattack, hemorrhaging over $1.4 billion in assets purportedly tied to operatives from North Korea. As of this report, the perpetrator controls roughly 449,395.23 ETH—equivalent to nearly $1.26 billion—making them one of Ethereum's most formidable custodians.

Bybit's Phantom Hacker Becomes Ethereum's Shadow Whale by Fragmenting Fortune Across 54 Wallets

Bybit has returned to a 1:1 backing of client assets days after being hit by the biggest crypto heist ever.

Bybit Closes 'ETH Gap' as Exchange Replenishes $1.4B Hole After Hack

Bybit said on Sunday it froze $42.89 million of the hacked funds thanks to the efforts of multiple parties as the cryptocurrency exchange shores up its reserves after the shocking $1.4 billion exploit. What Happened: Bybit announced via X that it was successful in restricting hackers' ability to move the funds, a day after hackers stole over $1.4 billion worth of Ethereum (CRYPTO: ETH) and related tokens.

Bybit Nears Recovery After Crypto Heist: Freezes $42.89 Million In Stolen Funds, Secures $1.23 Billion In ETH Through Whales And Loans

Bitcoin

Dogecoin

Leading coins remained weak on Sunday as the cryptocurrency market grappled with the massive $1.4 billion hack on cryptocurrency exchange Bybit. Cryptocurrency Gains +/- Price (Recorded at 7:45 p.m.

Bitcoin, Dogecoin Struggle, Ethereum Gains Amid Grim Crypto Sentiment After Bybit's Billion-Dollar Hack: Analyst Says 'Still Time Left In The Cycle'

Arbitrum

Some Arbitrum DAO delegates have criticized the proposal as a missed opportunity for boosting Arbitrum-native protocols.

Arbitrum DAO committee proposal to invest 7,500 ETH in non-native projects sparks criticism

The exchange declined to block addresses flagged by Bybit as receiving stolen funds from its recent $1.4 billion hack.

Non-KYC exchange eXch denies money-laundering allegations as ETH reserves spike following Bybit hack

Fermion Protocol wants to fractionalize luxury goods. It's starting with a million-dollar digital suit from Dolce & Gabbana.

Million-Dollar Dolce & Gabbana Digital Suit Fractionalized on Ethereum L2 Base—Here's Why

Nifty Island, a Roblox-like Ethereum game for creating and sharing 3D game worlds, has added a user-friendly way to implement AI agents.

Ethereum Game 'Nifty Island' Now Lets Creators Drop AI Agents Into 3D Worlds

Bitcoin advocate Samson Mow says Ethereum should undergo a hard fork after North Korean hackers stole a staggering $1.4 billion in ETH and stETH by exploiting crypto exchange Bybit.

Crypto Veteran Samson Mow Slams Ethereum, Calls for Chain Rollback After Hackers Loot $1,400,000,000 From Bybit

The non-fungible token (NFT) market exhibited a noticeable resurgence in transactional activity from Feb. 15 to 22, with digital collectible purchases climbing 11.60% above the preceding week's totals. NFTs Rebound: 64% Buyer Spike and 49% Seller Expansion Figures from cryptoslam.io indicate $148.18 million in NFT exchanges during this period, alongside a 64.

NFT Market Revives: 11.6% Weekly Leap as Ethereum Outpaces Rivals

Call for "roll back" by some, to negate Bybit hack, immediately provoked a fierce reaction from the Ethereum community, which was firm in its belief that it wouldn't happen.

Ethereum 'Roll Back' Suggestion Has Sparked Criticism. Here's Why It Won't Happen

Following the massive Bybit hack on Feb 21, 2025, in which hackers stole about $1.4 billion worth of ethereum (ETH) from the exchange's cold wallet, a contentious debate has emerged within the crypto community regarding whether to roll back the Ethereum blockchain to reverse the theft. Ethereum's 2025 Crisis: Reverse $1.

Ethereum's $1.4B Heist: Roll Back the Blockchain or Face the Music? Vitalik's 2016 Dilemma Returns

The rise comes amid reports that Bybit has allocated 100 million USDT to a new wallet to buy the cryptocurrency.

Ether Price Spikes Further on Reports of Bybit Starting to Buy ETH

Crypto exchange Bybit is offering up to $140 million for help recovering the $1.4 billion in Ethereum swiped in Friday's exchange hack.

Bybit Offers Bounty After $1.4 Billion in Ethereum Swiped in Biggest Crypto Hack Ever

OpenSea CEO Devin Finzer said late Friday that the SEC is ending its investigation, as the regulator shifts course under President Trump.

OpenSea Says SEC Will End Investigation Into Ethereum NFT Marketplace

Ether trades 2% higher as the hacked ETH is seen as a permanently lost supply.

Ether Supply Squeeze? Bybit Hacker Emerges as World's 14th-Largest ETH Holder

The launch of bitcoin and ether ETFs on the Australian Securities Exchange (ASX) by Betashares provides Australian investors with a regulated and accessible way to gain exposure to digital assets.

Bitcoin and Ether ETFs Debut on ASX as Betashares Partners With Bitwise

I would support it because we already voted no on immutability in 2016, Hayes said on X. Others are worried that a potential rollback would hurt the Ethereum ecosystem.

Arthur Hayes Proposes Rolling Back Ethereum Network to Negate $1.4B Bybit Hack

Ethereum security researchers hackers deployed malware and then forced the multisig holders to "blind sign" a malicious transaction.

How the largest crypto exchange hack happened: What Ethereum security experts say about Lazarus' $1.5 billion Bybit attack

Cryptocurrency markets are trading lower on Friday after a $1.4 billion hack on Bybit dragged down the market. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $95,385.38 -3.1% Ethereum (CRYPTO: ETH) $2,634.96 -4.3% Solana (CRYPTO: SOL) $168.78 -3.5% XRP (CRYPTO: XRP) $2.52 -6.9% Dogecoin (CRYPTO: DOGE) $0.2400 -5.6% Shiba Inu (CRYPTO: SHIB) $0.00001494 -4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 12.3% and daily active addresses growing by 4%.

Bitcoin, Ethereum, XRP, Dogecoin See Friday Blues After Massive $1.4 Billion Bybit Hack

On-chain sleuthing linked Friday's $1.4 billion hack of crypto exchange Bybit to North Korea's Lazarus Group, Arkham Intelligence said.

North Korea's Lazarus Group Behind Bybit's $1.4 Billion Ethereum Hack: Arkham

Following the Bybit hack, the team organized a livestream to deliberate on the recent billion-dollar hack that transpired on the exchange. Bybit's founder Ben Zhao clarified that the platform was undergoing “massive withdrawals” but emphasized, “It's not an issue—We have enough tokens to give to clients.

Crypto Chaos: Bybit Livestream Tackles Recent ETH Wallet Breach and $20B Assurance

Bybit Co-Founder and CEO Ben Zhao said all client withdrawals will be processed, even if they are under review, following the firm's $1.4 billion hack Friday morning.

News for Ether Crypto (ETH)