Bybit has already paid more than $4 million to bounty hunters who helped trace and freeze some of the stolen funds.

Here's a quick recap of the crypto landscape for Friday (February 28) as of 9:00 a.m. UTC. Bitcoin and Ethereum price update Bitcoin (BTC) is currently trading at US$81,018, reflecting a 5.9 percent decrease over the past 24 hours.

The price of bitcoin has plunged once again in the latest shock to the cryptocurrency market. Bitcoin has fallen almost 9 per cent in the last 24 hours. The market as a whole is down 8.6 per cent. It takes the price of bitcoin down to around $78,

The FBI referred to the attack as “TraderTraitor,” a malicious campaign linked to North Korean state-sponsored hackers the Lazarus Group.

Assets were stolen from Dubai-based cryptocurrency exchange Bybit earlier this month, in what's believed to be the largest-ever digital heist.

It's only February but hackers have already stolen $1.6 billion in exploits, blockchain security firm Immunefi has said.