Author: Yeek.io
Overview of the Bybit HackAccording to the previous recap, on February 22, Bybit reported a massive hack, potentially the largest in crypto history, with hackers stealing $1.4 billion USD worth of ETH.On-chain analyst ZachXBT, along with investigations from entities such as Arkham Intelligence, has identified the perpetrators as the Lazarus Group, a North Korean state-sponsored hacking organization.The Bybit hack on February 22, 2025, saw hackers steal $1.5 billion in Ethereum, with some funds later bridged to Solana, as shown in the post’s Arkham images.The hack, detailed through Arkham’s on-chain analysis, revealed the hacker laundering funds through rapid transactions, making 2-3…
Journalist Posted: February 26, 2025 Ethereum Pectra upgrade was shipped out but encountered a misconfiguration issue. ETH dropped to its 2024 lows above $2K; will it recover from the support? The much-awaited Ethereum[ETH] upgrade, Pectra, was shipped out on the Holesky testnet on the 24th of February. However, it encountered finalization issues, where all nodes must reach a consensus on the blocks produced to make them immutable. According to ETH developers familiar with the matter, the finality issue was caused by a misconfiguration on major execution clients, namely Geth, Nethermind, ETHjs, and Besu. Georgios Konstantopoulos, Paradigm CTO, and one of…
Este artículo también está disponible en español. As the new week begins, Ethereum (ETH)—the second-largest cryptocurrency by market capitalization—has seen a significant decline, dropping nearly 10% below the critical support level of $2,500. However, amidst this downturn, prominent crypto analyst Doctor Profit has identified four compelling bullish indicators that suggest Ethereum may be poised for a resurgence, potentially inching closer to its all-time high and even surpassing it. Key Indicators Signal A Bullish Turn In a recent post on X (formerly Twitter), Doctor Profit shared insights from a detailed long-term analysis of Ethereum. He emphasizes that this evaluation is not…
Este artículo también está disponible en español. XRP’s recent price movements have followed a pattern that crypto analyst Javon Marks believes signals the potential for a strong continuation rally. Sharing his analysis on the social media platform X, Marks pointed to a “hidden bullish divergence” on XRP’s daily candlestick chart. Despite the ongoing price crash, the presence of this bullish divergence opens up new bullish targets for the XRP price. XRP’s Price Crash Worsens, But Hidden Bullish Divergence Suggests Next Move XRP’s price action has faced consistent downward pressure over the past week, with the decline intensifying in the past…
Participating in Bitcoin mining offers a straightforward and potentially profitable opportunity for individuals interested in digital assets but hesitant to navigate the challenges and lengthy processes of conventional investment methods. With cryptocurrency cloud mining, you can earn passive income without the need for an expensive hardware setup! Can You Make Money From Cloud Mining?Cloud mining is a great choice if you’re seeking methods to boost your passive income. When utilized properly, these opportunities can allow you to grow your crypto wealth “passively” with little time commitment.How Cloud Mining Works:Cloud mining allows users to rent mining power and earn associated rewards. With…
Artificial intelligence is no longer a futuristic concept—it’s here, transforming how we work, communicate, and innovate. Deepseek R1 is one of the most promising tools driving this transformation. Whether you’re an AI enthusiast, a developer looking to integrate advanced AI into your applications, or a business exploring AI solutions, Deepseek R1 is a name you need to remember. DeepSeek, a Chinese tech giant, has launched a language model that challenges the status quo. Imagine accessing AI capabilities comparable to OpenAI’s GPT-4 but at just 2% of the cost. Yes, you heard that right—Deepseek R1 operates at 1/50th the price of…
Venture capitalist Chris Burniske says that the current dip in digital assets is typical of any bull market cycle. In a post on the social media platform X, Burniske, the former head of crypto at Cathie Wood’s ARK Invest and current partner at Placeholder, points out other corrections in the 2021 bull market cycle that ultimately preceded new highs. “In the middle of 2021: BTC drew down 56%ETH drew down 61%SOL drew down 67%Many others 70-80%+ You can come up with all the reasons for why this cycle is different, but the mid-bull reset we’re going through isn’t unprecedented. Those…
Founder: Graham Krizek Date Founded: October 2020 Location of Headquarters: Wichita, Kansas Number of Employees: 17 Website: https://www.voltage.cloud/ Public or Private? Private In 2012, soon after Graham Krizek discovered Bitcoin and subsequently began contributing to Bitcoin Core and building his own applications on Bitcoin, he noticed an issue that was hindering Bitcoin builders. “The problem that I saw was that everyone was building everything from scratch — over and over and over again,” Krizek told Bitcoin Magazine. “There was no cloud environment where you could just spin up Bitcoin infrastructure and be able to start developing against it.” At the…
Este artículo también está disponible en español. In a post on X on Tuesday, crypto analyst Ali Martinez (@ali_charts) shared a long‐term Dogecoin (DOGE) price chart highlighting a critical support level that, if lost, could open the door for a steep correction. Martinez pinpointed $0.19 as the line in the sand. Should the meme‐inspired token dip below this threshold, he argues, “the probability of a deeper correction toward $0.06 significantly increases.” Dogecoin Crash To $0.06 Incoming? The weekly chart—which spans back to early 2014—depicts Dogecoin trading within a broad ascending channel. Solid black trend lines enclose most of the price…
Investors’ sentiment and confidence in Ethereum, the second-largest digital asset appears to be improving in spite of recent troubling market developments that have hamper its market dynamics. Key metrics show a substantial accumulation of ETH, reflecting its position as a leading asset in the ongoing cycle. Market Trends Changing As Ethereum CBD Decline? Ethereum’s market dynamics are currently shifting even as the asset’s price struggles to recover crucial resistance levels. Leading on-chain data analytics and financial platform Glassnode points to a downward trend in Ethereum’s Cost Basis Distribution (CBD) metric amid fluctuating market performance. A decrease in the cost basis…