Odaily Planet Daily reported on-chain data monitoring that about three minutes ago, Chiliz transferred 399,999,000 CHZ tokens to Binance, equivalent to approximately US$20 million.

Blockchain analysts link North Korea’s Lazarus Group to both the $1.4 billion Bybit hack and the $29 million Phemex hack, revealing direct onchain connections between the two incidents.Lazarus Group Suspected Behind Bybit and Phemex HacksNew onchain evidence uncovered by ZachXBT and Arkham Intelligence has directly linked the Lazarus Group, a North Korean cybercrime syndicate, to both the Bybit and Phemex hacks. The Feb. 21 Bybit hack—now the largest crypto theft in history—saw over $1.4 billion in digital assets stolen, including stETH, mETH, and other ERC-20 tokens.Onchain data reveals that funds stolen from both the Bybit and Phemex breaches have been commingled into the same wallet, indicating that the same hacker group was behind both attacks.How the Attacks Were Carried OutThe Bybit hack was executed through a deceptive transaction, tricking Ethereum multisig cold wallet signers into unknowingly approving a malicious smart contract logic change. This allowed attackers to take control of the cold wallet and transfer funds to an unknown address.The Phemex hack in January involved 125 individual transactions across 11 blockchain networks, with attackers draining $29 million before converting the funds into Ethereum (ETH) via Tornado Cash, a well-known crypto mixer used to obscure transactions.Lazarus Group's Ongoing Crypto ExploitsThe Lazarus Group has been responsible for some of the biggest crypto heists in history, including:$600M Ronin Network hack$305M DMM Bitcoin hack$230M WazirX hack$50M Upbit hack$50M Radiant Capital hack$16M Rain Management hackAccording to Chainalysis, North Korean hackers have stolen $1.34 billion across 47 incidents in 2024 alone, a 102% increase from 2023, making up 61% of all crypto stolen this year.Governments Warn of Growing North Korean Cyber ThreatThe United States, Japan, and South Korea issued a joint statement in January 2024, warning that North Korea’s hacking operations are a growing threat to global financial security. South Korea has since sanctioned 15 North Koreans accused of using stolen cryptocurrency to fund nuclear weapons development.Crypto Industry Faces Unprecedented Security ChallengeThe Bybit hack alone accounts for over half of all stolen crypto in 2024, highlighting the urgent need for stronger exchange security measures. With North Korean state-backed hackers refining their tactics, the industry must bolster cybersecurity defenses to mitigate future risks, according to Cointelegraph.

Cryptocurrency exchange Bybit has reassured users that its reserves remain intact despite the massive $1.4 billion hack on February 21 and a total asset decline exceeding $5.3 billion. Independent auditor Hacken confirmed that Bybit's Proof-of-Reserves (PoR) audit shows that the exchange's assets still exceed its liabilities, ensuring user funds remain fully backed.Bybit Processes 350,000 Withdrawals Despite Historic HackFollowing the breach, Bybit processed over 350,000 withdrawal requests within 10 hours, completing 99.9% of them by 1:45 AM UTC, according to Bybit CEO Ben Zhou. Despite suffering what he described as “the worst hack possibly in the history of finance”, Zhou emphasized that Bybit's core functions and products remain fully operational, and the team worked overnight to address user concerns.Industry Leaders Rally to Support BybitThe broader crypto industry responded swiftly, with major exchanges and industry figures stepping in to provide emergency liquidity support:Binance transferred 50,000 ETHBitget contributed 40,000 ETHHTX Group co-founder Du Jun provided 10,000 ETHThis collective response highlights the industry's resilience in addressing security incidents.Largest Crypto Hack in History Linked to North Korea’s Lazarus GroupBlockchain security firms, including Arkham Intelligence and on-chain analyst ZachXBT, have traced the attack to the North Korean state-affiliated Lazarus Group—the same group behind major hacks, including the $600 million Ronin Network exploit.Security experts believe the attack stemmed from a deceptive transaction targeting Bybit’s Ethereum multisig cold wallet. Hackers manipulated the smart contract logic to gain control, an approach similar to tactics used in previous large-scale breaches, such as:$305M DMM Bitcoin hack$230M WazirX hack$58M Radiant Capital hack$50M Upbit hackDespite the breach, Bybit's internal systems were not affected, with Zhou stating that the vulnerability lay in Bybit's Ether cold wallet storage provider, Safe.Bybit Hack Highlights Growing Security Risks for Centralized ExchangesThe incident underscores ongoing security challenges in the crypto space, even for centralized exchanges with strict security protocols. While Bybit has managed to maintain operational stability and user fund backing, the hack accounts for over half of all crypto-related thefts in 2024, bringing total crypto losses this year to $2.3 billion.As investigations continue, crypto investors and exchanges are being urged to reevaluate security strategies to mitigate risks from increasingly sophisticated cyberattacks, according to Coinelegraph.

Dogecoin (DOGE) continues to trade sideways, with the meme cryptocurrency failing to establish itself above the $0.25 support.  However, a … Continue reading The post Here’s the ‘only way’ Dogecoin will go parabolic to $4 appeared first on Finbold. source: https://finbold.com/heres-the-only-way-dogecoin-will-go-parabolic-to-4/

OpenSea CEO Devin Finzer said late Friday that the SEC is ending its investigation, as the regulator shifts course under President Trump. source: https://decrypt.co/307352/opensea-sec-end-investigation-nft-marketplace

كشف تقرير “CryptoQuant” عن تراجع نشاط شبكة البيتكوين إلى أدنى مستوى له منذ عام، مع انخفاض عدد العناوين النشطة، المعاملات، وحجم الكتل بنسبة 17٪ عن الذروة المسجلة في نوفمبر 2024. بلغ مؤشر النشاط 3658، متراجعا عن متوسطه المتحرك السنوي، في إشارة إلى اتجاه هبوطي مشابه لما حدث بعد حظر الصين لتعدين البيتكوين في 2021. يواجه … The post انخفاض نشاط شبكة البيتكوين قد يدفع السعر إلى 86 ألف دولار appeared... source: https://arab-btc.net/bitcoin-network-activity-hints-at-possible-price-drop/

Odaily Planet Daily News: Bybit CEO Ben Zhou responded to CZ's suggestion to stop Bybit withdrawals on the X platform, saying: "I agree with CZ's point of view. If the hacker attack was through infiltrating our internal system (such as a part of the withdrawal system) or the hot wallet was hacked, we would immediately suspend all withdrawals until the root cause of the problem is found. But in yesterday's incident, it was our ETH cold wallet (we use Safe) that was hacked, which has nothing to do with any of our internal systems. Therefore, I can decisively decide to let all Bybit withdrawals and system functions operate as usual. In the crisis last night, Binance and CZ, as well as many partners and industry leaders, took the initiative to help. We are deeply grateful for this and feel extremely warm for the support we have received. This incident is a huge blow to Bybit, but the entire industry has shown the power of unity. I believe that from now on, everything will only move in a better direction."

A widely followed analyst is leaning bullish on a memecoin built in the Solana (SOL) ecosystem but with reservations. The analyst pseudonymously known as Credible Crypto tells his 462,900 followers on the social media platform X that the dogwifhat (WIF) memecoin is “quickly approaching attractive levels” for a position that can potentially be held till […] The post Crypto Analyst Says... source: https://dailyhodl.com/2025/02/22/crypto-analyst-says-solana-based-altcoin-approaching-attractive-levels-but-theres-a-catch/

Polygon Labs CEO Marc Boiron predicts Bitcoin could hit $250,000, calling it the "easiest financial asset to understand." source: https://www.thestreet.com/crypto/markets/polygon-labs-ceo-predicts-bitcoin-could-reach-250000

According to Odaily, Whale Alert has reported that an Ethereum address containing 20,935,010 USDT was frozen approximately eight minutes ago. The reasons behind the freezing of this substantial amount remain undisclosed.

Bybit, the second-largest cryptocurrency exchange by volume, said it lost nearly $1.5 billion in Friday’s hack

On February 22, 2025, AB DAO officially announced that AB tokens will be listed on BingX exchange in the near future, and an official announcement will be issued after the launch.

Suspicious fund outflows were detected on Bybit, amounting to as much as US$1.46 billion.

On February 21, the White House issued a presidential memorandum entitled "'America First' Investment Policy."

Cryptocurrency exchange Bybit disclosed that its Ethereum multi-signature cold wallet was subject to unauthorized activity, resulting in the theft of nearly $1.5 billion in ETH and stETH assets.

CryptoQuant CEO Ki Young Ju tweeted that the coin season has begun.

Golden Finance launches the 2609th issue of "Golden Morning 8" - a morning report on the cryptocurrency and blockchain industry, providing you with the latest and fastest news on the digital currency and blockchain industry.

Investors unknowingly fell into the capital harvesting trap of "celebrity + Meteora + big truck".

Meme as a way of issuing assets is no longer friendly to ordinary people. Any asset issuance method, including Binance's vote for PI retro, has the heavy task of innovating the deep-rooted problems at its birth, but without any exception, they have all changed.

SBF has begun to move clearly toward the Republican Party, criticizing the Biden administration and may be seeking amnesty.