Record-Breaking $1.44B Crypto Hack in History, Circle’s IPO & the GENIUS Act, Trump and Melania Launch Personal Memecoins, etc
Author | WuBlockChain
1. Bybit Hit by Largest-Ever Crypto Hack with Approximately $1.44B in Assets Stolen link
On February 21, 2025, leading cryptocurrency exchange Bybit fell victim to one of the largest-scale hacker attacks in the industry’s history. Through sophisticated tactics of front-end tampering and multi-signature fraud, the attackers breached the platform’s Ethereum multi-signature cold wallet and siphoned off approximately 1.44 billion US dollars worth of ETH and staked derivatives. Following the incident, the price of Ethereum dropped nearly 4% within four hours, and the total liquidation across the entire network exceeded 450 million US dollars in 24 hours. With support from various parties, Bybit used its own capital to…
