A big day for cripto goes south after rest

The good news for the investors for cryptocurrency arrived only after 8 am on Friday: coinbass, the largest crypto market in the United States brought an agreement With the American regulators to resolve the lawsuit, which has been hanged over the industry for years.

But within hours, the Market Cryto descended into a new crisis. At 10:51, Bibit, another leading CRIPTO Exchange, said It has been hacked – the industry analysts are estimating the loss of almost $ 1.5 billion, the largest theft in cryptic history.

The prices of Bitcoin, Etra and other major cryptocurries have strayed. Even the price of the action of the waiter threw 8 percent by the end of the day.

This contrast of the Split screen was the story of the CRIPTO 2025 illustration. Years. Even as President Trump hugs the industry, remains the wild West of the Financial world, prone to fraud, stealing, short and sudden markets.

The series of policy changes in Washington is ready to encourage millions of investors to first be given in the Cripto in Criptou, despite the continuous combat industry police and prevent criminal activities. Hack was a reminder that, for all its increasing influence in Cripto politics, there was something from the international free for all – a chaotic market in which even most experienced investors sometimes suffer extreme losses.

“These guys whose whole job is crypto, smart in these issues, just lost $ 1.5 billion,” Corey Frayer said in cryptic policy in the Securities and Replacement Commission. “So how do we expect regular Americans who just want their debit card to work on safe use of products?”

The news about coins and Bibitu came at the end of the roller-cetrial area several days in the crypt world. Proliferation of new memes – digital currencies based on an online celebrity, without practical functions – forced widespread complaints on fraud.

Last week, Memecoin promoted by President Argentina, Javier Miley, suddenly fell worthy, asking the political crisis there and costing investors more than $ 250 million.

Recently, Cripto managers expressed care about the expansion of these high-risk cryptiors, hairdresser In order to be able to undo some progress that industry has made with legislators. Something before his inauguration, Mr. Trump put his own Memecoin for sale – shot worth in value before crashing. More than 800,000 CRIPTO accounts lost Money.

“Memecoins are not just a casino – and they are burning” Haseeb Kureshi, as a whole of the Cropto investor, wrote on social media this week. “They are a casino where each slot machine has a different owner, and each tries to tear you as much as I can before you go to the next.”

According to repulsive administration, federal regulators that monitored wide in the range for the CRIPTO, submitting lawsuits against many largest companies in the industry.

At the top of that list was a coin, a $ 60 billion company, which went in 2021. years. Two years ago, he sued the tavern two years ago, claiming that digital currencies sold on their platform, just as stocks and bonds that were on Wall Street at Wall Street, two years ago. . The regulators claimed that the coin should have to register in connection with the strict rules to protect investors from financial damage.

But state posture according to the Cripto transformed when Mr. Trump took office. The president has its crypto business, world free financial financial, giving him a personal role in the success of the industry. And he nominated an ally with cryptom, a securities lawyer Paul Atkins, leading SEC, who quickly reduced his efforts to carry out.

In the Regulatory Report Friday morning, Coinbase announced that the sex agreed to drop his lawsuit without impaired any financial penalty. (The Agreement requires the approval of the Agency Commissioner, the Process expected to be a formality.)

In celebratory social media, the industry managers declared the end of the “Siege against the crypto” of the Federal Government.

The euphoria did not last long. Bibit, which is based on Dubai and the processes of tens of billions of dollars in daily transactions, revealed that thieves violated his system, theft of huge quantities of ether.

Cripto has a long history of hacking damage but bibito stealing dwarf The previous record, when the thieves stole 611 million dollars cryptocurrency from the platform called Polynetork 2021. Years.

Even outside the crypt’s world, a little precedent for theft so big. “Maybe even the biggest stealing of all time,” said Tom Robinson, co-founder Elliptic, CRIPTO analysis of the company.

On the social media, the CEO of Bibita, Ben Zhou, secured customers that the company has continued to dissolve. “Even if this loss of hacks do not recover, all customer property is subject to 1 to 1,” he wrote. “We can cover the loss.”

At the bars on Friday, Mr. Zhou, who broke down Red Bull, said “The affected amount” was 401,000 ether, or about $ 1.1 billion. The CRIPTO forensic experts estimated the total approximation of 1.5 billion dollars, based on the analysis of public transactions records.

By Bibita does not offer customer service in the United States, in accordance with its website. Company representatives did not immediately answer the request for a comment.

Cripto Research Group, Arkham Intelligence, said North Korean hackers were behind the violation of Bibit. North Korean groups attacks fearing Industry for years.

The price of Bitcoina strayed about $ 100,000 in early Friday to just over $ 95,000, that evening, a drop of 5 percent. Other cryptocurries drop still.

And the Day of Celebration was completed on the stock exchange on the market on the Stock Exchange: until the moment the market is closed on Friday, his actions traded at its lowest price since November.