Crypto Highlights This Week:<\/strong> The broader market concludes another interesting week, primarily keeping investors on their toes. Cryptocurrency exchange behemoth Bybit suffered a $1.4 billion hack this week, whereas BTC and altcoins remained stagnant despite market advancements. Simultaneously, the meme coin sector panicked amid the emergence of the Argentinian LIBRA token.<\/p>\n Here\u2019s a brief collection of some of the top crypto market updates reported by CoinGape Media over the past week.<\/p>\n The renowned cryptocurrency exchange Bybit was hacked<\/a> by \u2018The Lazarus Group\u2019 this week, resulting in a massive exploitation of funds. Reportedly, the North Korean criminal organization stole $1.4 billion worth of ETH from the crypto exchange.<\/p>\n As a result, the broader crypto market saw<\/a> a whopping $566 million liquidated in a day as investors started panic selling. In turn, BTC and altcoins reversed recent gains, backtracking to previous lows. BTC price closed the week at around $96K, whereas ETH was near $2,800. XRP & SOL also reversed recent gains, trading in the red this weekend.<\/p>\n It\u2019s also worth mentioning that ByBit rolled out<\/a> a $140 million bounty for cybersecurity experts to recover $1.4 billion stolen in Ethereum.<\/p>\n Meanwhile, Argentinian President Javier Milei endorsed the Solana-based LIBRA meme token this week, which soon rocketed in value. However, the market was taken by storm when insiders cashed out<\/a> massive amounts amid the rally, urging LIBRA price to crash over 90%. This saga raised rug-pull concerns surrounding the crypto, further bringing heat to its price.<\/p>\n However, President Javier Milei ordered a probe<\/a> into the launch and KIP Protocol, aiming to rectify the error and bolster the token. This saga has emerged as another noteworthy crypto highlight this week, underscoring the market\u2019s risky nature.<\/p>\n Simultaneously, a stockpile of ETF advancements was witnessed this week. Canary Capital\u2019s Litecoin ETF emerged<\/a> on Depository Trust & Clearing Corporation (DTCC), solidifying chances of approval.<\/p>\n Further, Grayscale\u2019s XRP ETF entered<\/a> the U.S. SEC\u2019s review mode.<\/p>\nWeekly Crypto Highlights: ByBit Exchange Hacked By N. Korean Group<\/h2>\n
LIBRA Token Panic: What Happened?<\/h2>\n
ETF Filings This Week<\/h2>\n
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