- Bybit’s hacking caused some volatility in the market, although it is slowly stabilizing amid the exchanged recovery efforts.
- Bybit has already managed to completely close the ETH gap caused by hacking.
- In the midst of chaos, Bitcoin Pepe’s presale offers investors a safer investment opportunity
Bybit’s hacking caused a shock in the cryptocurrency market, since computer pirates stole about 1500 million dollars in Ethereum of the platform’s cold wallet.
He hackingwhich occurred on February 21, 2025, is marked as the possible the main robbery of cryptocurrencies in history.
However, in the midst of this chaos, the Bitcoin Pepe presale (BPEP)the first initial offer of Memecoins (ICO) in Bitcoin, has emerged as a surprising stability lighthouse, raising more than 3.1 million dollars and offering a new alternative for cautionary investors.
Bybit hacking triggered turbulence in the market
Bybit’s hacking, attributed by some analysts to the North Korean group Lazarus, drained approximately 401,000 Ethereum, which caused a mass of massive retreats of 55 billion dollars from Bybit while users panic.
Bitcoin (BTC) fell below $ 95,000 and Ethereum (ETH) collapsed to $ 2641, since market volatility shot, in the midst of fears of whether bybit remained solvent after the hacking.
However, Bybit has bought some Ethher (ETH) to reimburse its ETH reserves to mitigate greater market instability. Exchange has also received Help of some of the block chains to track and freeze some of the stolen funds. The exchange also says that now he knows where the funds were stolen after issuing a reward of 140 billion dollars.
The attack not only exposed vulnerabilities in centralized exchanges, but also amplified the fears of greater instability, pushing traders to look for safer ports while the cryptocurrency sector wobbles for the consequences.
Bitcoin Pepe’s unique attraction
While the market recovers from Bybit’s hacking chaos, Bitcoin Pepe has captured attention with its innovative approach, which combines Bitcoin’s lasting security with the solar speed through its Token PEP-20 standard.
Positioned as a layer 2 solution centered on the memecoins of Bitcoin, Bitcoin Pepe promises instant transactions and ultrabaja rates, which attracts a community disappointed by recent security violations.
Now in stage 5 of its 30 -stages presale, the token BPEP is priced at $ 0.0255 and it is expected to increase to $ 0.0268 in the next presale stage, with $ 3179 341 dollars already collected for an objective of 3748 500 dollars. Backed by an audit of Solidproof, Bitcoin Pepe offers a resilience and growth narrative, attracting investors seeking refuge from the expansive waves of Bybit’s hacking.
A presale paradise in the midst of uncertainty
The panorama of cryptocurrencies is still in suspense while Bybit works to restore confidence, after having achieved more than 446 870 ETH through loans and purchases to cover the losses of Bybit’s hacking. However, the long -term implications of the incident persist, and market observers anticipate greater scrutiny and possible regulatory changes.
Latest update: bybit has already Fully closed the eth gap, new audited by report Will Be Publishing Vray Soon to Show That Bybit Is Again Back To 100% 1: 1 On Client Assets Through Merkle Tree, Stay Tuned. https://t.co/qla1voujm6
– Ben Zhou (@Benbybit) February 24, 2025
For now, Bitcoin Pepe’s presale stands out as a shelter, offering a mixture of memes and technological ambition that contrasts markedly with the gloomy reminder of Bybit’s hacking on the vulnerabilities of cryptocurrencies, giving investors the opportunity to regroup and reimagine their strategies in a volatile world.
Unlike Ethereum or other high capitalization tokens hit by the consequences of hacking, the BPP presale structure provides a controlled entry point, isolated from the immediate oscillations of the market. The vision of the project to allow Memecoins to launch in the “Eternal Chain” of Bitcoin resonates in an avid community of innovation, while its constant progress in fundraising is a sign of confidence in a convulsed market.
With Bybit’s hacking underlining the risks of centralized platforms, the decentralized promise of Bitcoin Pepe and the presale impulse position it as an attractive alternative for investors who sail for this turbulent period.
If you are interested in the Bitcoin Pepe project, visit the Official Project Website For more information.
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