Episode 504
Bybit hack leads to massive outflows
$4 billion "bank run" on Bybit after a $1.5 billion hack, resulting in a total outflow of $5.5 billion from the exchange.
Latin American crypto adoption surges
95% of Latin American crypto users plan to buy more cryptocurrency in 2025, with the region seeing a 116% surge in crypto adoption in 2024.
Institutions remain bullish on Bitcoin
Despite the Bybit hack and ETF outflows, institutions remain optimistic about Bitcoin's future, with analysts predicting a further rally in the asset and equities related to it.
New layer-1 blockchain Monad unveiled
Monad, a high-performance Ethereum Virtual Machine layer-1 network, has unveiled its testnet, aiming to rival Ethereum and Solana with its speed and scalability.
Bitcoin price remains stable
Bitcoin's price has remained relatively stable, despite the Bybit hack and ETF outflows, with analysts predicting a further rally in the asset and equities related to it.
