If you ever wondered how it feels to own more Ethereum than Vitalik Buterin and Donald Trump combined, you should probably ask the Lazarus Group how that actually feels. Yesterday, Bybit was hacked for $1.4 billion worth of ETH—the biggest crypto heist in history. Some are attributing the attack to the infamous North Korean hacker group, Lazarus.
So far, Tether has only managed to freeze about $180,000 in stolen funds from the heist. One thing I appreciate about the industry's response to what happened with Bybit is the collaboration between exchanges—working together to track and stop the funds from moving while also helping Bybit’s CEO mitigate the situation.
What is North Korea going to do with all that money? I don’t know. Probably build bombs or some shit, since they don’t seem to care about much else. People there are still living under severe communist rule, which is such a hell, imo.
Someone who will probably get what he deserves pretty soon, though, is Mr. Zelensky. He’s trapped between a war he can’t sustain on his own and the negotiations between Trump and Putin over how to end the war and split the resources. And guess what? Zelensky isn’t even invited to the table.
Now, at the risk of repeating myself for the tenth time since 2022—if it weren’t for the U.S., this war wouldn’t have even happened. NATO poked the Russian bear, fueled the war with ammunition, and is now collecting its payment in natural resources for their "support" while negotiating a resolution with Putin.
Probably over a million men have died in this useless war, and again—risking repetition—Zelensky has been nothing but a puppet in this whole game. These things are designed and provoked to happen. They don’t just come out of thin air.
In a previous post, I mentioned how, on her deathbed, one of the Rothschild women of the 20th century admitted that if it weren’t for her sons, there wouldn’t have been any wars in those years. Both crises and wars are man-made.
Ukraine is a "man-made" state, and soon, it’ll likely be torn into puzzle pieces. The only good thing about that? Humans will finally stop dying in a war that never should have happened...
Now, back to crypto…
If you check the one-week charts of the top 10 coins, you’ll notice plenty of V-shaped recoveries across the board. That tells me one thing: the bull market isn’t over. On the contrary, despite the recent dump, HIVE is actually a bit higher than it was before the market tanked due to the hack.
And if you compare the 2017 charts for BTC, ETH, and other major alts, and you believe that 2025 is shaping up to be more like 2017 rather than 2021, then March is when we should expect the first wave of explosive altcoin growth. And guess what? March isn’t that far away anymore...
I was talking with my father today about crypto—about what it really takes to buy during a bear market, HODL through all the ups and downs during two to three years of accumulation, and finally reap the rewards in the short but intense months of an altcoin season.
If you manage to make it big in one cycle, it becomes way easier to grow your portfolio exponentially in the years to come.
No pain, no gain, though.
Have a great Saturday, and catch you all next time.
Thanks for your attention,
Adrian