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in Ethereum News, NewsByBit Lost 70% Of Ethereum Holdings To Hacker, Says CEO
Bybit CEO Ben Zhou confirmed in a Friday livestream that the $1.5 billion hack against his crypto exchange lost the firm the vast majority of its customers’ ETH holdings. “I believe it was around seventy percent,” Zhou told viewers, when asked how much was lost relative to the company’s ETH assets under management. “We normally […] More
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in NewsBinance and Bitget transfer over 50K ETH to Bybit in sign of confidence
Key Takeaways Binance and Bitget transferred over 50,000 ETH to support Bybit after a major security breach. The hack, attributed to the Lazarus Group, resulted in a theft of 401,346 ETH from Bybit. Share this article Binance and Bitget transferred over 50,000 ETH to Bybit’s cold wallets today following a security breach that resulted in […] More
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in News
Trump’s tariffs may lead to savings for Americans through tax cuts: Research
Prior to the 16th Amendment, which was ratified in 1913, the United States did not have a permanent income tax levied on citizens. News COINTELEGRAPH IN YOUR SOCIAL FEED US President Donald Trump’s plan to replace income taxes with tariffs could save the average American at least $134,809 over their lifetimes, according to research from […] More
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in News
‘Biggest crypto hack in history’: Bybit exploit is latest security blow to industry
The Bybit hack is more than twice as large as the second-largest crypto exploit, which belongs to Ronin Network. News COINTELEGRAPH IN YOUR SOCIAL FEED Cryptocurrency exchange Bybit was exploited for more than $1.4 billion on Feb. 21, making it the single largest hack in the industry’s 15-year history. In value terms, the single attack […] More
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in News
Coinbase set to win SEC dismissal in ‘major win,’ analyst says
Coinbase announced on Feb. 21 that the U.S. Securities and Exchange Commision is set to dismiss its June 2023 lawsuit against the crypto exchange, a move that analysts at H.C. Wainwright & Co. call a “major win” for the company and broader crypto industry. While final approval from SEC commissions remains pending, Coinbase’s management is […] More
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in News
ZachXBT identifies Lazarus Group as behind Bybit $1.4B hack, wins Arkham bounty
After the Bybit exchange was hacked for over $1.4 billion, the crypto community on X reacted with support and security advice for users. News COINTELEGRAPH IN YOUR SOCIAL FEED Arkham Intelligence announced that onchain security sleuth ZachXBT has identified the Lazarus Group, a North Korean hacker group, as being behind the $1.46 billion Bybit hack […] More
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in News
Bybit Hack Aftermath: Single Whale Liquidated for $46M as BTC Dumps by $4K
As the details around perhaps the largest hack in the cryptocurrency industry continue to unravel, BTC’s price has started to crash once again, falling by over four grand since today’s peak. With the altcoins in a similar state, it’s no wonder that the total value of liquidated positions has skyrocketed to over $600 million on […] More
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in Bitcoin News, News
Bitcoin comes back to life — Does data support a rally to $100K and higher?
Bitcoin price staged a recovery this week, but data shows traders reducing their appetite for risk. Market Analysis COINTELEGRAPH IN YOUR SOCIAL FEED Bitcoin (BTC) reached $99,500 on Feb. 21, its highest level in two weeks, but failed to maintain the bullish momentum. This move can be partly attributed to a lack of enthusiasm in […] More
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in News
What is Tor browser? The onion router explained
The Tor onion router is a web browser primarily used for anonymous internet surfing and protection against traffic analysis. Incidentally, the U.S. Navy originally designed Tor as a means to protect sensitive U.S. government information. Table of Contents Today, Tor Browser is synonymous with the dark web (also known as darknet browser), illicit activity, and […] More
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in News
Bybit hacker split $1.4b loot into over 40 wallets: Nansen
The scale of the staggering $1.4 billion hack on crypto exchange Bybit will undoubtedly unfold in coming days and weeks. However, as Bybit, industry players such as other exchanges and blockchain sleuths work out on unmasking the hacker, on-chain data shows the perpetrator immediately got busy trying to move their Ethereum (ETH) loot. What did […] More
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in News
What is ‘when lambo’ in crypto? Crypto terms explained
Cryptocurrency holders of should we ‘’hodlers’’ love to dream big. They dream of big mansions, nice cars, and a life of ease. One such dream is associated with buying a Lamborghini and that’s where the ‘when lambo’ meme is born. Table of Contents In this article, we’ll discuss what is ‘when lambo’ in crypto, its origin, […] More
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in News
SEC Faces Critical Deadlines in Major Crypto Cases as Agency Shifts Direction
The financial regulator also appears to be easing up or pausing its rafts of ongoing litigation against crypto companies. However, those with imminent deadlines may still be on the table. “I’m told by multiple legal sources that the SEC has been prioritizing cases with imminent court deadlines, which is one explanation for why we haven’t […] More
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