bybit
Bybit’s $1.23B ETH Heist: Tracking the Ghost Chain, Seeking Crypto Sleuths
The digital trail of the massive Bybit hack is getting clearer, revealing the hacker’s elaborate efforts to launder the stolen 500,000 ETH (worth a staggering $1.23 billion). The pilfered ETH...
After Bybit Hack, European Regulators Now Question if OKX Was Involved
European regulators are said to be looking into crypto exchange OKX’s trading and self-custody offerings after revelations that North Korea’s Lazarus Group laundered funds from the $1.5 billion Bybit hack...
Bybit CEO: $1.4 Billion Crypto Hack Tracked, Majority Potentially Recoverable
Bybit CEO Ben Zhou has revealed that $1.4 billion of stolen cryptocurrency is being tracked and out of that, 77% of the funds can be recovered. Zhou stated the next...
FBI Joins Manhunt for North Korea’s Lazarus Group as Laundering Effort Intensifies
The FBI has joined the search for North Korea’s Lazarus Group, the cybercriminal organization responsible for the Bybit hack that resulted in the theft of ETH valued at $1.5 billion....
FBI: North Korea’s “TraderTraitor” Gang Behind $1.5B Bybit Hack
The Federal Bureau of Investigation (FBI) has indicted North Korea as culprits behind the Bybit crypto exchange hack. The agency released a public service announcement on Wednesday, February 26, referring...
Binance’s CZ Criticizes Safe’s Bybit Hack Report as ZenGo Expands TRX Wallet Features
The recent Bybit hack, a massive $1.46 billion loss, has created a face-off over multisig wallet security. As if to contrast the cold wallet story, ZenGo, a different crypto wallet...
Crypto Crash 2.0 Fears? Bybit Hack, Bitcoin Plunge Echo Terra/Luna Disaster
A lot has happened in the crypto world over the past few days, most of it not good. Last week, Bybit, one of the leading crypto derivatives exchanges, was targeted...
CryptoQuant CEO Says Bybit is Fine, Urges Community to Stop Spreading FUD
CryptoQuant CEO Ki Young Ju has urged the crypto community to stop spreading FUD about the Bybit exchange after a sharp decline in its reserves following the ill-fated hack. A...
Bybit Hack Won’t Derail Crypto Rebound: Analyst’s Top Coin Predictions
The cryptocurrency market stumbled after the recent hack of Bybit exchange by the infamous North Korea-linked Lazarus Group. Still, market analysts aren’t worried; they believe this setback is short-lived and...
WazirX Quietly Moves Funds from Bybit After $1.5 Billion Hack, Users Left in the Dark
Following the $1.5 billion Bybit hack on February 22, WazirX quietly withdrew its funds from the exchange without informing its users. This move has raised concerns about transparency, as WazirX...
Bybit Closes ETH Gap After Billion Dollar Hack, Proof of Reserves Coming
In a swift recovery move after the $1.5 billion hack, Bybit is almost finished closing the ETH gap. CEO Ben Zhou has announced a proof of reserves report to be...
Pump.fun Eyes Own AMM, Thwarts Bybit Hacker’s Laundering Attempt
Pump.fun is currently testing an automated market maker (AMM) liquidity pool on its testnet, with plans to replace Raydium as its third-party liquidity supplier. According to blockchain researcher @trenchdiver101, as...
Analysts Applaud Bybit For Maintaining Regular Service Despite Attack
Bybit conducted regular service despite the recent hack. A renowned crypto analyst on X has applauded Bybit’s response to the latest attack on the cryptocurrency exchange. In a recent post,...
Bybit Sees Surprise $4B Inflows After Major Hack as Partner Support Floods In
Bybit witnessed a huge $4 billion in inflows within just 12 hours after a hack that saw $1.5 billion in crypto assets stolen. The wave of funds included 63,168 ETH,...
Jim Cramer Says No Bitcoin Rebound Before Monday, Cites “Too Much Fear” Amid $1.5B Hack
Prominent crypto critic Jim Cramer has issued a bearish warning, stating that fear could prevent a market rebound before Monday. His comments align with the latest downturn in the cryptocurrency...
Pi Network Listing Splits Crypto Exchanges: Bybit Says No
Bybit CEO Ben Zhou has flat-out said “no” to listing the Pi Network (PI) token, making it clear the exchange wants absolutely nothing to do with the project, thereby casting...
FTX Secures $228M Settlement with Bybit in Bankruptcy Case
The bankrupt crypto exchange FTX announced a $228 million settlement with Bybit on October 24th, ending a prolonged lawsuit that aimed to recover funds. A legal filing shows the settlement...
GSR Markets Withdraws Millions in NEIRO Tokens from Bybit, Signaling Bullish Outlook
Crypto trading firm GSR Markets pulled 33.73 million NEIRO tokens, worth $2.85 million, from the Bybit cryptocurrency exchange, according to Spot On Chain. The market maker has taken 74.13 million...
Bybit’s Islamic Accounts: Faith-Based Crypto Trading
Bybit, the fourth-largest digital asset trading platform by spot volume, launched the first crypto Islamic account. This is a big step for other exchanges and the digital asset sector to...
Bitget Surpasses Bybit: Now 4th Largest Crypto Exchange
Bitget, a major cryptocurrency exchange, has surpassed Bybit in user numbers and trading volume, marking a significant milestone on its sixth anniversary. The platform now serves over 45 million users...
Nigeria Freezes $716K in Crypto, Blames Platforms for Naira Devaluation
A Nigerian court has ordered the freezing of N548.6 million ($716,000) belonging to suspected crypto users on platforms like Bybit and KuCoin. The order, secured by Nigeria’s anti-corruption agency, the...
Bybit Clears the Air on Exchange Tokens, Expands in Amsterdam
Bybit has set the record straight on BIT tokens as discussions heat up within the crypto community. In a recent X post, Igneus Terrenus, Bybit’s Head of Communications, stressed that...
