Crypto Currency

North Korean Lazarus Group Identified As Culprit In Bybit’s Historic $1.5 Billion Hack

In a significant blow to the cryptocurrency industry, Bybit, one of the leading crypto exchanges, has confirmed a major security breach involving its Ethereum cold wallet.  The incident, reported on Friday by Bitcoinist, marks one of the largest cryptocurrency hacks in history, with losses estimated at over $1.5 billion…

Published 18 hours ago in
North Korean Lazarus Group Identified As Culprit In Bybit’s Historic $1.5 Billion Hack

In a significant blow to the cryptocurrency industry, Bybit, one of the leading crypto exchanges, has confirmed a major security breach involving its Ethereum cold wallet.  The incident, reported on Friday by Bitcoinist, marks one of the largest cryptocurrency hacks in history, with losses estimated at over $1.5 billion…
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Crypto Currency

Bybit Reports Security Breach as Hackers Drain $1.4 Billion in ETH and mETH

Cryptocurrency exchange Bybit has reportedly lost over $1.4 billion in liquid-staked Ether (ETH) and MegaETH (mETH) due to a security breach. The incident was flagged by onchain security analyst ZackXBT, who urged users to blacklist addresses linked to the stolen funds, Cointelegraph reported.Bybit Confirms Breach, Investigates Stolen FundsFollowing the recent Bybit security breach…

Published 18 hours ago in
Bybit Reports Security Breach as Hackers Drain $1.4 Billion in ETH and mETH

Cryptocurrency exchange Bybit has reportedly lost over $1.4
billion in liquid-staked Ether (ETH) and MegaETH (mETH) due to a security
breach. The incident was flagged by onchain security analyst ZackXBT, who urged
users to blacklist addresses linked to the stolen funds, Cointelegraph reported.Bybit Confirms Breach, Investigates Stolen FundsFollowing the recent Bybit security breach…
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Crypto Currency

SEC Reverses Course on Case Against Coinbase as US Softens Crypto Regulation

US regulators seem to be softening their stance on cryptocurrency under Trump’s pro-crypto administration. The Securities and Exchange Commission (SEC) just agreed to dismiss its lawsuit against Coinbase. This development, announced by the exchange, marks a significant victory for the exchange, after heightened scrutiny in the previous administration…

Published 18 hours ago in
SEC Reverses Course on Case Against Coinbase as US Softens Crypto Regulation

US regulators seem to be softening their stance on
cryptocurrency under Trump’s pro-crypto administration. The Securities and
Exchange Commission (SEC) just agreed to dismiss its lawsuit against Coinbase. This development, announced by the exchange, marks a
significant victory for the exchange, after heightened scrutiny in the previous
administration…
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Crypto Currency

ByBit Accountant Jailed for Embezzling Millions

Reading Time: 2 minutesA former payroll executive at Bybit has been sentenced to nearly 10 years in prison for embezzling millions from the cryptocurrency exchange The executive funneled approximately $5.7 million into personal accounts, using the funds to purchase luxury items and real estate Bybit has managed to recover a portion of the stolen assets…

Published 18 hours ago in
ByBit Accountant Jailed for Embezzling Millions

Reading Time: 2 minutesA former payroll executive at Bybit has been sentenced to nearly 10 years in prison for embezzling millions from the cryptocurrency exchange The executive funneled approximately $5.7 million into personal accounts, using the funds to purchase luxury items and real estate Bybit has managed to recover a portion of the stolen assets…
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Crypto Currency

Australian Consumer Commission Concerned About U.S. Crypto Plans

Reading Time: 2 minutes  The Australian Competition and Consumer Commission (ACCC) has expressed concerns about the impact of U.S. cryptocurrency regulations on Australian consumers ACCC Chair Gina Cass-Gottlieb has highlighted the potential risks of scams and regulatory gaps if global crypto policies are misaligned The commission plans to increase its efforts to protect Australians from

Published 18 hours ago in
Australian Consumer Commission Concerned About U.S. Crypto Plans

Reading Time: 2 minutes  The Australian Competition and Consumer Commission (ACCC) has expressed concerns about the impact of U.S. cryptocurrency regulations on Australian consumers ACCC Chair Gina Cass-Gottlieb has highlighted the potential risks of scams and regulatory gaps if global crypto policies are misaligned The commission plans to increase its efforts to protect Australians from fraudulent digital asset schemes and unregulated crypto platforms The Australian Competition and Consumer Commission (ACCC) has raised concerns about how U.S…
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