Bybit is offering a bounty of up to 10% of the stolen funds for white hat hackers who successfully recover crypto from the Lazarus Group.
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Bitcoin’s rangebound trading style is raising eyebrows among both traders and analysts despite the Bybit hack.
The company continues progressing with its 21/21 plan to purchase more BTC following its most recent $2 billion convertible note offering.
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The North Korean cybercrime unit may be behind some of the recent memecoin rug pulls on Solana.
Bybit’s near $300 million Ether buy may contribute to a potential rally above the $3,000 psychological mark.
Bybit also received $390 million worth of emergency transfers from other crypto exchanges.
Solana’s journey from a memecoin hub to a serious blockchain contender hinges on the approval of a Solana ETF, which would bring institutional trust and unlock its potential for large-scale financial applications like payments and trading.
A crypto trader says a move back to $106,000 is needed for Bitcoin to confirm another uptrend. However, some think a dip to $85,000 is still on the table.
Ethereum core developer Tim Beiko says that despite growing calls for an Ethereum network rollback, it is “technically intractable.”
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.
The post-Bitcoin halving period brings new opportunities and challenges that will shape the future of decentralized technology and its influence on global markets.
From rapid withdrawals to social media’s real-time breakdown, here’s how Bybit’s record-breaking $1.4 billion hack took shape.
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.