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The Rise of Passive Investing: How Crypto Is Evolving for Retail Investors
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A major heist has occurred in the cryptocurrency Industry: nearly 1.5 billion dollars worth of tokens have been stolen from the Global second largest cryptocurrency Exchange.
① Last week, Bybit, the world's second-largest Exchange for Cryptos, was hacked, resulting in the theft of 1.46 billion dollars' worth of Ethereum, marking the largest single currency theft on record; ② Ben Zhou, co-founder and CEO of Bybit, stated that even if the loss cannot be recovered, Bybit has the ability to make compensation; ③ Bybit has nearly fully covered the loophole of the stolen Ethereum and currently has no liquidity issues.
Credit Card Delinquencies, Net Charge-offs Hold Relatively Stable in January