Episode 503
📍 The SEC has dropped its investigation into OpenSea, a major NFT marketplace, easing pressure on the NFT market and seen as a positive development for the cryptocurrency industry.
📍 The price of ether (ETH) has surged after reports that Bybit, a hacked cryptocurrency exchange, has started buying ETH, with the exchange allocating 100 million USDT to purchase the cryptocurrency.
📍 Bybit was hacked for $1.5 billion worth of ether and staked ether by the North Korean hacking group Lazarus, with the hacker now holding an estimated 489,000 ETH valued at approximately $1.34 billion, but experts believe the stolen funds will be difficult to use due to being blacklisted by major exchanges.
