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Bybit Sees Over $4 Billion ‘Bank Run’ After Crypto’s Biggest Hack
The exchange, facing a bank run and needing to process withdrawals, worked to secure a loan and developed new software to access frozen funds.
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Binance Research Survey Shows 95% of Latin American Crypto Users Plan to Buy More in 2025
The survey found that investors entered the cryptocurrency space looking for significant returns and financial freedom.
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Ether Price Spikes Further on Reports of Bybit Starting to Buy ETH
The rise comes amid reports that Bybit has allocated 100 million USDT to a new wallet to buy the cryptocurrency.
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SEC Drops OpenSea Investigation Easing Pressure on NFT Market
The regulator’s decision comes after Coinbase said the SEC will vote on a deal to abandon its enforcement case against it.
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Ether Supply Squeeze? Bybit Hacker Emerges as World’s 14th-Largest ETH Holder
Ether trades 2% higher as the hacked ETH is seen as a permanently lost supply.
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Crypto Exchanges Start to Fill Bybit’s $1.4B Hole as Hackers Move Stolen Funds
“At Bitget we strongly believe in supporting the community and everyone contributing towards the growth of crypto,” company CEO Gracy Chen told CoinDesk.
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Arthur Hayes Proposes Rolling Back Ethereum Network to Negate $1.4B Bybit Hack
I would support it because we already voted no on immutability in 2016, Hayes said on X. Others are worried that a potential rollback would hurt the Ethereum ecosystem.
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Bybit CEO Labels Pi Network a Scam, Citing Official Police Warning
The token is down by more than 60% since launch.
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North Korean Hackers Were Behind Crypto’s Largest ‘Theft of All Time’
Lazarus Group was behind Bybit’s $1.5 billion hack on Friday, Arkham Intelligence said, citing ZackXBT.
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Plunging U.S. Stocks Help Add to Crypto’s Bad Day
The week’s uptrend was quickly upended by the hack at crypto exchange Bybit.