The Bybit hack worth $1.4 billion sent waves across the crypto industry. Hackers are coming up with the most advanced types of scams no matter how secure crypto exchanges are. To reverse the damage, Arthur Heyes suggested rolling back the Ethereum network to Vitalik Buterin on X. .@VitalikButerin will you
The Bybit hack, now the largest crypto breach in history, has sent shockwaves through the market. As the stolen ETH’s are moved and liquidated, Ethereum’s price has tumbled by more than 3.30%, raising concerns about further volatility. The hacker drained roughly 401,000 ETH worth $1.4 billion from Bybit’s cold wallets.
The crypto market has faced a major setback following the recent Bybit hack incident, which drained $1.4 billion ETH. Following the hack, liquidations worth $566 million have been observed in the market in the past 24 hours. Moreover, the global market cap declined by 1.98% to $3.17 trillion, while the
The U.S. Securities and Exchange Commission (SEC) has officially ended its investigation into OpenSea without filing charges. OpenSea’s CEO, Devin Finzer, described this move as a victory for the NFT industry. The SEC is closing its investigation into @opensea. This is a win for everyone who is creating and building
Ethena’s price rose 10% in the last 24 hours showcasing buyers’ presence at the lower level. On the 4-hour timeframe, it gave a breakout above the 50-day EMA level indicating a short-term trend in the upward direction. In the 4 hours time frame Ethena’s price sustained above the 50-day EMA,
Popular rapper Kanye West has been making headlines for the past few weeks regarding his entry into the crypto industry. It first started when Kanye claimed that he was offered $2 million to promote a fake Ye cryptocurrency. Since then, there were speculations that the rapper will soon launch a
Bybit, one of the leading cryptocurrency exchanges, had a calamitous hack last Friday, during which about 401,000 ETH worth $1.4 billion was stolen. This has become the largest recorded heist in history. Ben Zhou, Bybit co-founder and CEO confirmed that the breach happened due to an advanced attack that exploited
The crypto ETF frenzy is going on a full swing with new organizations joining the list of ETF filings. Franklin Templeton is the new firm that added to the growing pile of Solana ETF filings. The asset management firm registered “Franklin Solana Trust” earlier this month, hinting at the possible
Bybit is making rounds across the crypto media with its bold move of making liquidation data public. This marks the first time an exchange makes all of its liquidation data accessible to the public. Bybit established a new standard with this move in terms of transparency amidst increasing scams and
Worldcoin (WLD) has gained significant traction, rising 9.46% in the last 24 hours. The token is currently trading at $1.28, with a market cap of $1.33 billion, reflecting a 9.81% increase. Its 24-hour trading volume surged 45.79% to $207.82 million, bringing the market cap ratio to 15.51%. Adding to this
