Crypto Heist Shatters Records, SEC Drops Coinbase Lawsuit, and Pi Coin’s Rocky Start

Explore the latest in cryptocurrency as Bybit confirms a record-breaking $1.46 billion heist, the SEC drops its lawsuit against Coinbase, and Pi Coin faces a dramatic 70% crash post-launch. Plus, delve into Illinois' proposed crackdown on crypto ATMs. Stay informed on the evolving crypto landscape and its regulatory challenges.

Sources:
https://thehackernews.com/2025/02/bybit-confirms-record-breaking-146.html
https://www.cbsnews.com/video/sec-will-drop-lawsuit-against-coinbase-cryptocurrency-company-says/
https://www.livemint.com/market/cryptocurrency/pi-network-coin-new-crypto-coin-crashes-over-70-in-24-hours-of-launch-what-should-investors-do-now-experts-weigh-in-11740159584810.html
https://www.wbez.org/2025/02/21/what-to-know-about-the-proposed-crackdowns-on-crypto-atms-in-illinois

Outline:
(00:00:00) Introduction
(00:00:48) Bybit Confirms Record-Breaking $1.46 Billion Crypto Heist in Sophisticated Cold Wallet Attack
(00:03:27) SEC will drop lawsuit against Coinbase, cryptocurrency company says
(00:07:05) Pi Network Coin: New crypto coin crashes over 70% in 24 hours of launch; What should investors do now? Experts weigh in
(00:09:30) What to know about the proposed crackdowns on crypto ATMs in Illinois