The $1.5B Bybit Hack: North Korea’s Crypto Heist Exposed and Its Impact on Crypto Security
Litecoin (LTC) is experiencing significant market activity, with daily transaction volumes reaching $9.6 billion. This surge is largely attributed to growing anticipation surrounding potential U.S.-listed Litecoin exchange-traded funds (ETFs). Between February 2 and February 19, on-chain analytics platform Santiment reported a 46% increase in Litecoin's market capitalization, driven by heightened network utility. This growth is particularly notable when compared to late August 2024, when LTC processed $2.8 billion in daily transactions—a 243% rise over five months. Since early November, Litecoin's price has doubled, surpassing the broader crypto market's 42% gain in the same period. This bullish trend intensified following key ETF-related developments: February 19: The U.S. Securities and Exchange Commission (SEC) acknowledged a rule-change filing for the CoinShares Spot Litecoin ETF to be listed on Nasdaq. February 20: The Depository Trust and Clearing Corporation (DT...