Crypto Biz: Weeks like this will rattle your conviction

Quick Summary:

A $1.4 billion Bybit hack, efforts to "Kill Tether" and a Bitcoin price crash headline a rough week for the crypto markets.

Bybit CEO Ben Zhou later declared “war” on Lazarus Group and vowed to do anything in his power to recover the lost funds.

However, “their real intent is to ‘Kill Tether,’” Ardoino said.“Every single business or political meeting that they have culminates with this intent,” he continued.

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Article Details

Author / Journalist: Cointelegraph by Sam Bourgi

Category: Crypto

Markets: United StatesCanadaNorth KoreaMaliMexico

Topics: Crypto Bybit Bitcoin Price Markets Tether Billion Ardoino Hack Mining Week

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-28 @ 20:30:00 (11 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 636 words

Reading Time: 4 minutes read

Sentences: 30 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 26524589

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About Coin Telegraph

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 185 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

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