{"id":629462,"date":"2025-02-23T09:42:56","date_gmt":"2025-02-23T09:42:56","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=629462"},"modified":"2025-02-23T09:42:56","modified_gmt":"2025-02-23T09:42:56","slug":"ethereum-price-prediction-eth-surges-4-after-1-4b-eth-bybit-hack-likely-by-north-koreas-lazarus-group-but-traders-buy-this-ico-for-free-bitcoin","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/ethereum-price-prediction-eth-surges-4-after-1-4b-eth-bybit-hack-likely-by-north-koreas-lazarus-group-but-traders-buy-this-ico-for-free-bitcoin","title":{"rendered":"Ethereum Price Prediction: ETH Surges 4% After $1.4B ETH Bybit Hack Likely By North Korea’s Lazarus Group, But Traders Buy This ICO For Free Bitcoin"},"content":{"rendered":"

The Ethereum price has soared 4% in the last 24 hours to trade at $2,764 as of 7 p.m. EST on a 47% plunge in trading volume to $16.5 billion.<\/p>\n

This jump in the ETH price comes as investigators implicate North Korea’s notorious Lazarus Group in the staggering $1.4 billion Bybit hack<\/a>. Likely Lazarus Group involvement has intensified discussions around crypto security, with many calling for stronger safeguards against such sophisticated threats.<\/p>\n

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Lazarus Group just connected the Bybit hack to the Phemex hack directly on-chain commingling funds from the intial theft address for both incidents. <\/p>\n

Overlap address:
0x33d057af74779925c4b2e720a820387cb89f8f65<\/p>\n

Bybit hack txns on Feb 22, 2025:… pic.twitter.com\/dh2oHUBCvW<\/a><\/p>\n

— ZachXBT (@zachxbt) February 22, 2025<\/a><\/p><\/blockquote>\n