Blockchain

Crypto exchange Bybit refills reserves after hackers steal a record $1.5 billion: CNBC Crypto World

February 24, 2025

On today’s episode of CNBC Crypto World, crypto prices slip after a record-breaking hack of crypto exchange Bybit. Plus, Robinhood says the SEC has dismissed its investigation into the platform’s crypto arm as the agency pivots to more crypto-friendly policy. And, Tom Robinson of Elliptic discusses whether Bybit could recover the $1.5 billion in funds stolen by North Korea-backed hackers.

Chapters
00:00 – CNBC Crypto World, Feb 24, 2025
0:25 – Bitcoin slides
1:12 – The headlines
3:02 – Tom Robinson of Elliptic

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Crypto exchange Bybit refills reserves after hackers steal a record $1.5 billion: CNBC Crypto World

View 46 Comments

46 Comments

@JessicaBarrett2 on February 24, 2025 11:52 pm

As a crypto enthusiast, I often find myself curious about how top-level investors amass their wealth through digital currencies. I’ve been holding over $545K in equity from a recent asset sale, and now I’m at a crossroads. Should I invest in crypto now, or is it wiser to wait for the next big opportunity?
@davehart7943 on February 25, 2025 12:59 am

I love these big hacks
GREAT JOB TO THE HACKERS ..
@DrivenPHPOV on February 25, 2025 1:02 am

I thought this sht was unhackable. Tf is this.

Dont worry i also lost a bit
@briokarrebet6101 on February 25, 2025 2:44 am

Kualat dengan Pi Network
$PI 🔥🔥🔥🔥
@worldlivingrealitieswithlc2054 on February 25, 2025 2:45 am

Behind the hacks are the banks, they know people are leaving to crypto and the digital world. Enough is enough
@silenca2k8 on February 25, 2025 3:31 am

Thank you for a great video. financial education is what the world needs most right now. I studied and researched about the financial markets for a while and got stuck on the learning curve. Thanks to Isabella Fanucchi program, i've grasped trading concepts, boosting my earnings through her daily signals and insights.
@mayankchourasiya on February 25, 2025 4:20 am

SOLANA Cheers for all the XAI195K info, I'm going to swap out ETH to XAI195K now.
@BrazilSe-d4e on February 25, 2025 4:20 am

SUI and $X-AI195K is going to explode.
@hiteshrana2379 on February 25, 2025 4:20 am

XAI195K and ADA is on steroids.. GREEN GREEN GEEEN x40.
@UmitovaPaige on February 25, 2025 4:20 am

Nord Korea Calls Trump And Buys Some F-35 Cash In Crypto
@yourajpariyar5205 on February 25, 2025 4:21 am

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@PawanKumar-ik7it on February 25, 2025 4:21 am

SOLANA AND XAI195K will probably be involved x20.
@rekhayadav6240 on February 25, 2025 4:21 am

Thanks for the update! I'm holding and buying more $XAI195K! is the sleeping dragon in this run and it's about to wake up.
@SHAANFFyT94 on February 25, 2025 4:21 am

With Elon and Trump now working with XAI195K is going to absolutely blow up x30.
@shaurysingh3520 on February 25, 2025 4:21 am

I believe in Elon Musk that's why I only buy XAI195K.
@vishuuukharde1586 on February 25, 2025 4:21 am

XRP and $XAI-195K looks is in right position.
@_ashuu on February 25, 2025 4:22 am

So power law says go all in XAI195K and hold for the 10 years. Okay let's do it! YOLO.
@piushgamingsongbhai8177 on February 25, 2025 4:24 am

$ONDO and $XAI195K will reign supreme in this cycle $XAI195K will move much faster than Solana. You’re welcome. x50.
@KartikGoyal-lb7of on February 25, 2025 4:28 am

So power law says go all in XAI195K and hold for the 10 years. Okay let's do it! YOLO.
@MR.makwana-p2y on February 25, 2025 4:28 am

I believe in Elon Musk; $XAI195K will be $100 soon!
@Sonvati_volgs_777 on February 25, 2025 4:28 am

XAI195K and ADA is on steroids.. GREEN GREEN GEEEN x40.
@thanaramchurawat2790 on February 25, 2025 4:28 am

XRP and $XAI-195K looks is in right position.
@Sarveshpadavi on February 25, 2025 4:28 am

SUI and $X-AI195K is going to explode.
@aghav9389 on February 25, 2025 4:28 am

Where do you buy XAI-195K? I want 50x too 🙂
@nishaCentury on February 25, 2025 4:32 am

ADA and X-AI195K stable and Focused to let your portfolio GO TO MARS IN A SMOOTH ENJOYABLE TRIP.
@vijendrayadav7963 on February 25, 2025 4:32 am

XAI-195K pump pump pumping x10.
@gamitvibhuti-gl2dj on February 25, 2025 4:32 am

With Elon and Trump now working with XAI195K is going to absolutely blow up x30.
@Awm334 on February 25, 2025 4:32 am

ADA and X-AI195K stable and Focused to let your portfolio GO TO MARS IN A SMOOTH ENJOYABLE TRIP.
@SamandeepSingh-uc8cr on February 25, 2025 4:32 am

SOLANA Cheers for all the XAI195K info, I'm going to swap out ETH to XAI195K now.
@jitgaming5491 on February 25, 2025 4:32 am

XAI-195K pump pump pumping x10.
@avdhutcrazzypapajiboy7705 on February 25, 2025 4:32 am

SOLANA AND XAI195K will probably be involved x20.
@KassemGharaibeh-t1mm on February 25, 2025 5:36 am

I will be forever grateful to you, you have changed my entire life and I continue to preach on your behalf for the whole world to hear that with just a small investment you saved me from going into huge financial debt.

Thank you Laura Philmon
@MichaelParker-g5c on February 25, 2025 5:47 am

Great content, thanks for sharing! I have a quick off-topic question: I have some USDT in my OKX wallet, and I have a 12-word recovery phrase: laundry net argue clarify fish exhibit try secret hair defy art canvas. What steps do I need to follow to transfer the USDT to my Binance account?
@rorrito9912 on February 25, 2025 6:06 am

From my observation and historical market pattern, there might be a bit of turbulence in the market coming up, but here's the deal… Trying to guess what's going to happen next is less important than spreading your bets when trading and thinking long term. It's not about guessing the market's next move; it's about playing it smart and steady…managed to grow a nest egg of around 100k to a decent 732k in the space of a few months… I'm especially grateful to Matt richards whose deep expertise and traditional trading acumen have been valuable in this challenging, ever-evolving financial Climate.
@BrooklynRunner11 on February 25, 2025 6:14 am

This dude is so vague with his answers and so defeatist it’s giving cringe
@JaredConnelly on February 25, 2025 6:19 am

Thanks for the insightful videos, mate! With Trump’s presidency, we’re likely to see major economic changes, especially considering the ongoing recession and the potential effects of future rate cuts. While these cuts may not drive inflation as expected, they could push banks to tighten lending for both consumers and businesses, possibly ushering in a deflationary phase for many assets.
@BaronPurse on February 25, 2025 6:48 am

Thank you for the constant updates. I prefer to trade in the stock market because it is more profitable. I make an average of $34,500 per week, although I barely trade.
@MaxwellJude-r4i on February 25, 2025 7:03 am

If you or your loved one unfortunately has lost any funds to any fraudulent company, do not be dismayed, with the right hands on the job, you can get it all back, very effective, quick and 100% safe. Get in touch with Cyphertracer. They are very good and reliable.
@MrFrobbo on February 25, 2025 7:28 am

North Korea Gov setting up a Bitcoin strategic reserve?
@MrFrobbo on February 25, 2025 7:29 am

For such a large news channel you really should be able to fund comment cleanup and remove the bots. No point commenting here!
@GodwinSmith-y8t on February 25, 2025 9:14 am

Thanks for the good summary! Now is the perfect time to start buying stocks and crypto( BTC, ETH,) if you are just being introduced.. I really wish I started earlier. I’m learning this doesn’t have to be as complicated as some people make it out to be. Thanks to Melvin Raynor Program for helping me get into his trading server and investing guidelines. Investing and trading are more than just having TA skills. There is a big component of discipline and emotional maturity, that one has to work on! Time in the market vs. timing the market. If you keep that mentality as an investor, you will stay calm during the storm! Within some months I was making a lot more money and have continued on that same path with Melvin Raynor.
@jerrypollo65 on February 25, 2025 9:57 am

Great video! I really do have a quick question. For someone with less than $10,000 to invest, How would you recommend we enter the market? I am looking study some traders and copy their strategy rather than investing myself and losing money emotionally. Whats your take on this approach?
@sutats on February 25, 2025 10:19 am

Buy gold and carry it with you. lol
@PollyMitinel on February 25, 2025 10:56 am

Hi all! Looking for HELP with ByBit WEB3 wallet Chrome extension with adress: burst day midnight giraffe gravity execute scheme inflict slide ship plate equip Please assist!
@redneckrevolt1 on February 25, 2025 11:00 am

My golf can’t get hacked 😂😂😂😂😂
@jose-i1d3t on February 25, 2025 11:52 am

I Hit 12k today trading crypto. Started last month 2025. crypto education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to Lisa O'Brien for helping me achieve this.