Bybit CEO discusses possibility of Ethereum blockchain rollback
Following the Lazarus hack, an online debate erupted about potentially rolling back the Ethereum blockchain to invalidate the stolen funds.
Following the Lazarus hack, an online debate erupted about potentially rolling back the Ethereum blockchain to invalidate the stolen funds.
“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.
The record-breaking $1.4 billion Bybit hack displays the “increasingly creative exploits” seen in the crypto industry, Halborn’s co-founder told Cointelegraph.
The $1.4 billion hack represents the single biggest crypto heist in history as the North Korean Lazarus hacking group strikes again.
From rapid withdrawals to social media’s real-time breakdown, here’s how Bybit’s record-breaking $1.4 billion hack took shape.
The post-Bitcoin halving period brings new opportunities and challenges that will shape the future of decentralized technology and its influence on global markets.
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.
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.
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.
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.
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.
Gunzilla Games Web3 director says the biggest problem in blockchain gaming is the lack of “new money coming into the system.”
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.
Newly launched funds holding Bitcoin and Ether have so far seen scant interest from investors.
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?
HK Asia purchased just one Bitcoin and saw its share price spike nearly 93% as a result.
Prior to the 16th Amendment, which was ratified in 1913, the United States did not have a permanent income tax levied on citizens.
The Bybit hack is more than twice as large as the second-largest crypto exploit, which belongs to Ronin Network.
After the Bybit exchange was hacked for over $1.4 billion, the crypto community on X reacted with support and security advice for users.
Bitcoin price staged a recovery this week, but data shows traders reducing their appetite for risk.
According to Ethena Labs, the USDe stablecoin’s exposure to Bybit via derivatives is more than offset by its reserve fund.
Ran Neuner, founder of Crypto Banter, says recent crypto liquidations have scared off some retail investors.
The latest Cointelegraph video unveils how the recent fiasco around LIBRA sheds light on widespread fraud in the memecoin markets.
The chances for pro-crypto regulation in Argentina could crumble as a result of President Milei’s LIBRA memecoin scandal.
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.
This time, the season will be likely driven by stablecoin holders, rather than a rotation out of Bitcoin, he said.
Bitcoin is showing signs of strength by rallying within a hair of $100,000. Which altcoins will follow?
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.
Stablecoins have ballooned into a $230-billion industry, which is equivalent to more than 1% of the US money supply.
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.