Ethereum Price Prediction: After $1.4B ETH Bybit Hack, Likely by Lazarus Group, Traders Flock to This BTC Meme Coin Giving Away Free Bitcoin
The Ethereum price has slumped 2.5% in the last 24 hours to trade at $2678 as of 11 p.m. EST on a 125% pump in trading volume to $32 billion. This plunge in the ETH price comes after Bybit, a Dubai-based crypto exchange, suffered a massive security breach, with hackers stealing over $1.4 billion in Ethereum in a swift, smash-and-grab-style attack on Friday. Crypto investigator ZachXBT linked the exploit to the North Korean Lazarus Group, a notorious cybercriminal syndicate responsible for several major crypto heists. Arkham confirmed that ZachXBT provided “definitive proof,” including test transactions, wallet connections, forensic graphs, and timing Analysis . He also identified similarities between this attack and the $30 million Phemex hack in January. JUST IN: Bybit CEO confirms the crypto exchange has been hacked, $1.4 billion $ETH and $stETH stolen. This is now the largest crypto exchange hack in history. pic.twitter.com/VCSZaqZ3if — Jacob King (@JacobKing...