In the first quarter of 2025, hackers stole $1.67 billion worth of cryptocurrency, — CertiK report
During the first quarter of this year, there were several important regulatory and strategic changes that affected the Web3 industry. For example, the US government announced creation of a strategic cryptocurrency reserve, the U.S. Securities and Exchange Commission (SEC) has established a working group on cryptocurrencies, the European Union (EU)…
THORChain protocol earned $3M on Bybit hackers money laundering
The US Federal Bureau of Investigation (FBI) has officially stated that Bybit hack for $1.5 billion linked to the North Korean hacker group Lazarus (also known as TraderTraitor) and identified the incident as a state-sponsored cyberattack aimed at laundering assets across multiple blockchains. The FBI called for blocking the hackers’…
Anatomy of the largest crypto theft in history: analyzing the $1.5 billion Bybit hack
On February 21, an unprecedented event took place: a sophisticated cyberattack on the Bybit exchange led to the theft of approximately $1.46 billion in Ethereum (ETH) and related tokens. This incident was the largest digital heist in history. It also exposed the vulnerabilities of even the most reputable platforms and caused turmoil in the crypto…
Bybit Exchange Manages to Recover from the Largest Theft in Cryptocurrency History
Bybit has successfully eliminated the Ethereum (ETH) shortage after the largest theft in the history of cryptocurrencies CEO of Bybit Ben Zhou wroteThe ETH reserve gap is now fully closed. In the near future, a new Proof of Reserves (POR) report will be published, which will demonstrate that customer assets are once again backed by a 1:1 ratio…
CEO of Bybit — on the power of memecoins, dislike of venture tokens, and listing features
Recently, Bybit conducted an online conference for the media, at which CEO Ben Zhou and Shunyiet Yan, head of institutional and derivatives business, shared plans for the development of the cryptocurrency exchange.
Decentralized exchanges are gaining momentum, while Binance is losing ground among centralized ones
According to a report by 0xScope, the market for centralized cryptocurrency exchanges (CEXs) has undergone dramatic changes since last year. For example, institutional investment in Web3 came into full force in early 2024 after the approval of Bitcoin (BTC) exchange-traded funds in January and Ethereum (ETH) in July. Bitcoin reached a new all-time…
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