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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...

The Bitcoin price climbed 1% in the last 24 hours to trade at $97,531 as of 11 p.m. EST on a 15% slump in trading volume to $31.35 billion. This follows Abu Dhabi’s bold $436.9 million investment in BlackRock’s iShares Bitcoin ETF (IBIT), signaling growing institutional confidence in digital assets. The investment, made through Mubadala Investment Company, a $280 billion sovereign wealth fund, aligns with the Middle East’s increasing adoption of cryptocurrencies. Abu Dhabi just dropped $437M into BlackRock’s Spot Bitcoin ETF. 🤑 Big money is making moves while retail watches from the sidelines. Smart money or nah? 👀 pic.twitter.com/znroCvXATH — damaze 😵 (@damaze_bro) February 14, 2025 Notably, the move came as BlackRock secured a commercial license in Abu Dhabi. Abu Dhabi has been expanding its crypto presence, including a 2023 Bitcoin mining project with Marathon Digital and Zero Two, highlighting the region’s commitment...