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Avinash Nimmakayala
@avinashn6
FBI Accuses North Korean Hackers of $1.5 Billion Crypto Theft The FBI has accused North Korean-linked hackers of stealing approximately $1.5 billion worth of Ethereum from Bybit, a Dubai-based cryptocurrency exchange. The attack, attributed to the hacking groups TraderTraitor and Lazarus Group, involved malware-infected trading applications. The stolen assets are being converted into Bitcoin and other virtual currencies, likely to be laundered and eventually exchanged for fiat currency. This incident has led to a decline in overall cryptocurrency prices and increased regulatory scrutiny. APNEWS.COM Meme Coins' Decline Impacts the Crypto Market Meme coins, which experienced significant gains in 2024, are now facing substantial declines, potentially affecting the entire cryptocurrency market. Coins like Dogecoin, Shiba Inu, Bonk Coin, and Pepe Coin saw impressive increases last year but have since lost value. MARKETWATCH.COM
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