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Bybit CEO discusses possibility of Ethereum blockchain rollback

February 22, 2025 by kamal

Following the Lazarus hack, an online debate erupted about potentially rolling back the Ethereum blockchain to invalidate the stolen funds.

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Bybit expresses deep gratitude for industry support amid $1.4B hack

February 22, 2025 by kamal

“With this level of unity in this space, we know we’ll come back even stronger,” CEO Ben Zhou said following the outpouring of support.

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Security execs weigh in on ‘staggering’ scale of record Bybit hack

February 22, 2025 by kamal

The record-breaking $1.4 billion Bybit hack displays the “increasingly creative exploits” seen in the crypto industry, Halborn’s co-founder told Cointelegraph.

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Lazarus Group moves funds to multiple wallets as Bybit offers bounty

February 22, 2025 by kamal

The $1.4 billion hack represents the single biggest crypto heist in history as the North Korean Lazarus hacking group strikes again.

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In pictures: Bybit’s record-breaking $1.4B hack

February 22, 2025 by kamal

From rapid withdrawals to social media’s real-time breakdown, here’s how Bybit’s record-breaking $1.4 billion hack took shape.

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Blockchain’s next big breakthroughs: What to watch

February 22, 2025 by kamal

The post-Bitcoin halving period brings new opportunities and challenges that will shape the future of decentralized technology and its influence on global markets.

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Bybit hack, withdrawals top $5.3B, but ‘reserves exceed liabilities’ — Hacken

February 22, 2025 by kamal

Bybit’s assets fell by more than $5B after its $1.4 billion hack on Feb. 21, but independent audits confirm its reserves still exceed liabilities, ensuring full backing for user funds.

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Lazarus Group consolidates Bybit funds into Phemex hacker wallet

February 22, 2025 by kamal

Onchain evidence following the $1.4 billion Bybit hack has linked North Korea’s Lazarus Group to the Phemex hack in January, according to ZachXBT.

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Is Bitcoin a good investment for retirement?

February 22, 2025 by kamal

Find out the potential advantages and risks of incorporating Bitcoin into your retirement portfolio and whether it’s a viable long-term investment option in 2025.

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Bybit exploit exposes security flaws in centralized crypto exchanges

February 22, 2025 by kamal

The $1.4 billion hack was caused by similar attack vectors as the $230 million WazirX hack and the $58 million Radiant Capital hack, according to Cyvers.

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Bybit processes all withdrawals, system returns to ‘normal pace’ — Ben Zhou

February 22, 2025 by kamal

Bybit CEO Ben Zhou said that withdrawals have returned to a “normal pace” after the major exploit that drained $1.5 billion from the exchange.

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Blockchain gaming market is a ‘game of musical chairs’ — Gunzilla exec

February 22, 2025 by kamal

Gunzilla Games Web3 director says the biggest problem in blockchain gaming is the lack of “new money coming into the system.”

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SEC drops investigation into NFT marketplace OpenSea

February 22, 2025 by kamal

OpenSea founder Devin Finzer announced that the SEC is closing its investigation into the NFT platform, calling it “a win for everyone” in the industry.

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US crypto index ETFs off to slow start in first days since listing

February 21, 2025 by kamal

Newly launched funds holding Bitcoin and Ether have so far seen scant interest from investors.

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Solana vs Ethereum, a tale of two blockchains — Which will be the victor?

February 21, 2025 by kamal

When it comes to crypto, value is determined by price, utility and users. Based on these metrics, is Solana or Ethereum winning the battle to be the best blockchain?

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Crypto Biz: Please, just buy one Bitcoin

February 21, 2025 by kamal

HK Asia purchased just one Bitcoin and saw its share price spike nearly 93% as a result.

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Trump’s tariffs may lead to savings for Americans through tax cuts: Research

February 21, 2025 by kamal

Prior to the 16th Amendment, which was ratified in 1913, the United States did not have a permanent income tax levied on citizens.

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‘Biggest crypto hack in history’: Bybit exploit is latest security blow to industry

February 21, 2025 by kamal

The Bybit hack is more than twice as large as the second-largest crypto exploit, which belongs to Ronin Network.

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ZachXBT identifies Lazarus Group as behind Bybit $1.4B hack, wins Arkham bounty

February 21, 2025 by kamal

After the Bybit exchange was hacked for over $1.4 billion, the crypto community on X reacted with support and security advice for users.

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Bitcoin comes back to life — Does data support a rally to $100K and higher?

February 21, 2025 by kamal

Bitcoin price staged a recovery this week, but data shows traders reducing their appetite for risk.

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Ethena assures users of solvency after Bybit hack

February 21, 2025 by kamal

According to Ethena Labs, the USDe stablecoin’s exposure to Bybit via derivatives is more than offset by its reserve fund.

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Recent crypto liquidation scared off YouTube’s retail audience: Ran Neuner

February 21, 2025 by kamal

Ran Neuner, founder of Crypto Banter, says recent crypto liquidations have scared off some retail investors.

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The LIBRA scandal exposed: Is the memecoin market rigged against you?

February 21, 2025 by kamal

The latest Cointelegraph video unveils how the recent fiasco around LIBRA sheds light on widespread fraud in the memecoin markets.

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Argentina’s crypto adoption hopes dim after Milei’s LIBRA memecoin scandal

February 21, 2025 by kamal

The chances for pro-crypto regulation in Argentina could crumble as a result of President Milei’s LIBRA memecoin scandal.

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The Libra scandal continues, ‘manufactured’ Bitcoin price action: Finance Redefined

February 21, 2025 by kamal

Argentina’s Libra scandal continues to unfold, and Bitcoin’s two-month crab walk has raised “price suppression” concerns among industry leaders, such as Samson Mow.

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‘Alt season has begun’: CryptoQuant CEO

February 21, 2025 by kamal

This time, the season will be likely driven by stablecoin holders, rather than a rotation out of Bitcoin, he said.

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Price analysis 2/21: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK, SUI, XLM

February 21, 2025 by kamal

Bitcoin is showing signs of strength by rallying within a hair of $100,000. Which altcoins will follow?

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Bybit confirms withdrawals are active, warns of delays

February 21, 2025 by kamal

In a livestream, Bybit’s CEO stated that 70% of transactions have successfully gone through, though some users may experience delays due to network congestion.

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Stripe, PayPal are ‘primary catalysts’ for stablecoin growth — Polygon Labs

February 21, 2025 by kamal

Stablecoins have ballooned into a $230-billion industry, which is equivalent to more than 1% of the US money supply.

Categories CoinTelegraph, Crypto Leave a comment

Bybit exchange hacked, over $1.4 billion in ETH-related tokens drained

February 21, 2025 by kamal

A hacker took control of an ETH cold wallet on the Bybit exchange on Feb. 21, stealing over $1.4 billion in funds in the process.

Categories CoinTelegraph, Crypto Leave a comment
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