{"id":48018,"date":"2025-02-24T09:23:54","date_gmt":"2025-02-24T09:23:54","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-pepe-presale-emerges-as-a-safe-haven-amid-the-bybit-hack-market-volatility\/"},"modified":"2025-02-24T09:23:54","modified_gmt":"2025-02-24T09:23:54","slug":"bitcoin-pepe-presale-emerges-as-a-safe-haven-amid-the-bybit-hack-market-volatility","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-pepe-presale-emerges-as-a-safe-haven-amid-the-bybit-hack-market-volatility\/","title":{"rendered":"Bitcoin Pepe presale emerges as a safe haven amid the Bybit hack market volatility"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/07\/ByBit-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/07\/ByBit-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/07\/ByBit-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/07\/ByBit-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>The ByBit hack caused some market volatility, although the market is slowly stabilizing amid the exchange\u2019s recovery efforts.<\/li>\n<li>Bybit has already managed to fully close the ETH gap caused by the hack.<\/li>\n<li>Amid the chaos, Bitcoin Pepe presale is offering investors a safer investment opportunity.<\/li>\n<\/ul>\n<p>The <a href=\"https:\/\/x.com\/Bybit_Official\/status\/1892965292931702929\">Bybit hack<\/a> on February 21, 2025, sent shockwaves through the cryptocurrency world, with hackers siphoning off close to $1.5 billion in Ethereum (ETH) from the exchange\u2019s cold wallet, marking it as potentially the largest crypto theft in history.<\/p>\n<p>However, amid this chaos, the <a href=\"https:\/\/bitcoinpepe.xyz\/?utm_source=media&amp;utm_medium=artc&amp;utm_campaign=coinjournal&amp;utm_term=internal&amp;utm_content=investment_opportunity\">Bitcoin Pepe (BPEP) presale<\/a>, the first meme ICO on Bitcoin, has emerged as a surprising beacon of stability, raising over $3.1 million and offering a fresh alternative for wary investors.<\/p>\n<h2>The Bybit Hack Triggered Market Turmoil<\/h2>\n<p>The Bybit hack <a href=\"https:\/\/coinjournal.net\/news\/north-koreas-lazarus-group-behind-hack-as-bybit-loses-1-5b\/\">attributed by some analysts to North Korea\u2019s Lazarus Group<\/a>, drained approximately 401,000 Ethereum, prompting a massive $5.5 billion withdrawal spree from Bybit as users panicked.<\/p>\n<p>Bitcoin (BTC) dipped below $95,000 and Ethereum (ETH) slumped to $2,641, as market volatility soared, amid fears of whether Bybit was still solvent after the hack.<\/p>\n<p>However, Bybit has purchased some Ether (ETH) to reimburse its ETH reserves to mitigate further market instability. The exchange has also been <a href=\"https:\/\/x.com\/Bybit_Official\/status\/1893687749229563958\">helped by some of the blockchains to track and freeze some of the stolen funds<\/a>. The exchange also says it now knows where the stolen funds went after issuing a <a href=\"https:\/\/x.com\/Bybit_Official\/status\/1893322897243943330\">$140 billion bounty<\/a>.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">We\u2019re close to 100% on our ETH reserves, and deposits &amp; withdrawals are back to normal. <\/p>\n<p>Through it all, the crypto community, our partners, and our users have shown unwavering support\u2014thank you. <\/p>\n<p>We know where our funds have gone, and we\u2019re committed to turning this experience\u2026 <a href=\"https:\/\/t.co\/pJBpfVtVVH\">pic.twitter.com\/pJBpfVtVVH<\/a><\/p>\n<p>\u2014 Bybit (@Bybit_Official) <a href=\"https:\/\/twitter.com\/Bybit_Official\/status\/1893928666117382325?ref_src=twsrc%5Etfw\">February 24, 2025<\/a><\/p>\n<\/blockquote>\n<p>The hack not only exposed vulnerabilities in centralized exchanges but also amplified fears of further instability, pushing traders to seek safer harbours as the crypto sector reels from the fallout.<\/p>\n<h2>Bitcoin Pepe\u2019s Unique Appeal<\/h2>\n<p>As the market recovers from the Bybit hack chaos, Bitcoin Pepe has captured attention with its innovative approach, blending Bitcoin\u2019s enduring security with Solana-like speed through its PEP-20 token standard.<\/p>\n<p>Positioned as a meme-focused Layer-2 solution on Bitcoin, Bitcoin Pepe promises instant transactions and ultra-low fees, appealing to a community disillusioned by recent security breaches.<\/p>\n<p>Now in Stage 5 of its 30-stage presale, the BPEP token is priced at $0.0255 and set to rise to $0.0268 in the next presale stage, with $3,179,341 already raised toward a $3,748,500 goal.<\/p>\n<p>Backed by an audit from SolidProof, Bitcoin Pepe offers a narrative of resilience and growth, drawing investors seeking refuge from the Bybit hack\u2019s ripples.<\/p>\n<h2>A Presale Haven Amid Uncertainty<\/h2>\n<p>The crypto landscape remains on edge as Bybit works to restore confidence, having secured over 446,870 ETH through loans and purchases to cover losses from the Bybit hack. Yet, the incident\u2019s long-term implications linger, with market watchers anticipating heightened scrutiny and potential regulatory shifts.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Latest Update: Bybit has already fully closed the ETH gap, new audited POR report will be published very soon to show that Bybit is again Back to 100% 1:1 on client assets through merkle tree, Stay tuned. <a href=\"https:\/\/t.co\/QLa1vOujM6\">https:\/\/t.co\/QLa1vOujM6<\/a><\/p>\n<p>\u2014 Ben Zhou (@benbybit) <a href=\"https:\/\/twitter.com\/benbybit\/status\/1893865556840775758?ref_src=twsrc%5Etfw\">February 24, 2025<\/a><\/p>\n<\/blockquote>\n<p>For now, Bitcoin Pepe\u2019s presale stands out as a haven, offering a blend of meme culture and technological ambition that contrasts sharply with the Bybit hack\u2019s grim reminder of crypto\u2019s vulnerabilities, giving investors a chance to regroup and reimagine their strategies in a volatile world.<\/p>\n<p>Unlike Ethereum or other high-cap tokens battered by the hack\u2019s aftermath, BPEP\u2019s presale structure provides a controlled entry point, insulated from immediate market swings. The project\u2019s vision of enabling memecoin launches on Bitcoin\u2019s \u201cforever chain\u201d resonates with a community eager for innovation, while its steady fundraising progress signals trust in a shaken market.<\/p>\n<p>With the Bybit hack underscoring the risks of centralized platforms, Bitcoin Pepe\u2019s decentralized promise and presale momentum position it as a compelling alternative for investors navigating this turbulent period.<\/p>\n<p>If interested in the Bitcoin Pepe project, visit the <a href=\"https:\/\/bitcoinpepe.xyz\/?utm_source=media&amp;utm_medium=artc&amp;utm_campaign=coinjournal&amp;utm_term=internal&amp;utm_content=investment_opportunity\">project\u2019s official website<\/a> for more information.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/bitcoin-pepe-presale-emerges-as-a-safe-haven-amid-the-bybit-hack-market-volatility\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) The ByBit hack caused some market volatility, although the market is slowly stabilizing amid the exchange\u2019s recovery efforts. Bybit has already managed to fully close the ETH gap caused by the hack. Amid the chaos, Bitcoin Pepe presale is offering investors [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":46710,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/48018"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=48018"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/48018\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/46710"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=48018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=48018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=48018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}