In what is considered now the largest hack within the cryptocurrency industry, Bybit’s hot wallet was compromised when trying to complete a legitimate transfer, and roughly $1.5 billion, mostly in ETH, was stolen by being sent to another address. Aside from the immediate impact on crypto prices, such a notable incident garnered the attention of the community, and now some prominent figures are calling for a rollback of Ethereum’s chain. Hayes, Mow Say Yes Arthur Hayes, the...
Read More »ByBit 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 keep sixty to seventy prevent in the cold wallets, and I believe this was the amount.” What Caused The Hack? The breach, first flagged by on-chain...
Read More »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 a daily scale. Recall the events that took place earlier today when reports emerged about suspicious transfers made from Bybit’s hot wallets. Later on,...
Read More »Apex Fusion Unveils AP3X Token and PRIME Chain
PRIME Chain is already functioning, with over 130 stake pool operators safeguarding the network. NEXUS, VECTOR, and Reactor Bridge will allow for seamless cross-chain activity. Apex Fusion has introduced its blockchain network and indigenous token, AP3X, which has started developing a decentralized and scalable network. The initial chain in the network is PRIME, which today is running on a strong staking and security framework. Apex Fusion, which has a hybrid architecture that retains the...
Read More »Bitcoin Price Crashes on Reports of Alleged $1.5B Bybit Security Incident
Several reports emerged in the past minutes that one of the world’s leading crypto exchanges, Bybit, was compromised for roughly $1.5 billion in digital assets. Although the news is yet to be officially confirmed, the panic spread rapidly, causing an immediate price crash for BTC and most altcoins. Seems that @Bybit_Official hot wallet just got hacked. Though, it’s a multi-sign $1.5B worth of $ETH was withdrawn to the new address and is currently being sold More info below...
Read More »4 Best Cryptos to Watch: Blockchain Projects Poised for Massive Growth
The crypto market has always been a wild ride, but lately, it’s been buzzing with excitement. From institutional adoption to regulatory developments, digital assets are once again on everyone’s radar. The latest trends show that smart investors are looking beyond just Bitcoin and Ethereum; they’re searching for the best cryptos to watch—projects that bring innovation, solve real-world problems, and promise massive returns. One such project shaking up the scene is Qubetics ($TICS). This...
Read More »Ethereum Layer 2 Platform Abstract Reports $400K Crypto Breach in Cardex Incident
Ethereum Layer 2 platform, Abstract, has released an initial post-mortem on a security incident that resulted in the compromise of approximately $400,000 worth of ETH across 9,000 wallets interacting with Cardex, a blockchain-based game on its network. The report clarified that the breach stemmed from vulnerabilities in Cardex’s frontend code rather than an issue with Abstract’s core infrastructure or session key validation contracts. Cardex Wallet Compromise The incident...
Read More »Binance US Reinstates USD Services After Nearly 3 Years
The US arm of the world’s largest cryptocurrency exchange has restarted all USD-based services for local investors after a nearly three-year hiatus. The announcement, shared by the company earlier today, indicates that the services are operational as of February 19 and will be gradually rolled out to “all eligible customers in the coming days.” The list of features to be available for US-based clients includes deposits and withdrawals in the greenback by linking a bank...
Read More »Früh in Meme Coins einsteigen?
Meme Coins sind die wilden Pferde des Kryptomarktes. Sie entstehen oft aus einem Internettrend, einem Insiderwitz oder der Begeisterung einer Community – und können in kürzester Zeit gigantische Renditen liefern. Doch wie erkennt man solche Gelegenheiten frühzeitig, bevor ein Coin durch Social-Media-Hypes explodiert? Es kann auch ein Vorteil sein, auf Bitcoin-Börsen wie bsp. KuCoin einen verifizierten Account zu haben. Die richtigen Quellen nutzen Wer früh in einen Meme Coin einsteigen will,...
Read More »Chainlink: Das unsichtbare Rückgrat von DeFi, GameFi, AI und NFTs
Die Krypto-Welt wächst rasant und zieht zunehmend verschiedene Sektoren an, die auf Blockchain-Technologie angewiesen sind. Eine der zentralen Stützen dieses wachsenden Ökosystems ist Chainlink. Chainlink hat sich als unverzichtbare Technologie in verschiedenen Bereichen etabliert, von DeFi über GameFi bis hin zu Künstlicher Intelligenz (AI) und NFTs. Diese Sektoren, die zunehmend die Finanz-, Gaming- und Technologiebranche prägen, werden durch Chainlink auf ein neues Niveau gehoben....
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