Argentina’s Libra scandal continues to unfold, and Bitcoin’s two-month crab walk has raised “price suppression” concerns among industry leaders, such as Samson Mow.

This time, the season will be likely driven by stablecoin holders, rather than a rotation out of Bitcoin, he said.

This time, the season will be likely driven by stablecoin holders, rather than a rotation out of Bitcoin, he said.

In a livestream, Bybit’s CEO stated that 70% of transactions have successfully gone through, though some users may experience delays due to network congestion.

Stablecoins have ballooned into a $230-billion industry, which is equivalent to more than 1% of the US money supply.

A hacker took control of an ETH cold wallet on the Bybit exchange on Feb. 21, stealing over $1.4 billion in funds.

A hacker took control of an ETH cold wallet on the Bybit exchange on Feb. 21, stealing over $1.4 billion in funds.

A hacker took control of an ETH cold wallet on the Bybit exchange on Feb. 21, stealing over $1.4 billion in funds in the process.

A hacker took control of an ETH cold wallet on the Bybit exchange on Feb. 21, stealing over $1.4 billion in funds in the process.

A hacker took control of an ETH cold wallet on the Bybit exchange on Feb. 21, stealing over $1.4 billion in funds in the process.