Sun, March 2

WazirX CEO Seeks Creditors Approval for Restructuring Scheme

Indian crypto exchange WazirX’s CEO Nischal Shetty has requested users to approve a restructuring scheme post the hack. At least half of the creditors must vote in favor of the Scheme for it to be approved. And each class’s value-weighted creditors must be present and vote for it to pass. 

6 hours ago 2 mins read

FBI Slaps Accusations on North Korean Lazarus Group for the Bybit Hack

Although the cryptocurrency market is establishing camp at the bearish end of the zone, it remains active. The past day’s highlight was the Solana ETF being listed on DTCC. Another notable factor was Bitcoin’s fall to $84K, which the community members are seeing as an opportunity to ‘buy the dip’. 

February 27, 2025 2 mins read

Bybit Resumes Operations in India Post Registering with Authorities

In a statement made on February 25, Bybit said that it had registered with the Indian government and that all services had been restored to customers in the nation. The registration follows Bybit’s January 31st penalties of 9.27 crore rupees ($1.06 million) for a violation of the Prevention of Money

February 25, 2025 2 mins read

Binance Research Explores Decentralized AI: The Future of Fair and Transparent AI

Artificial Intelligence (AI) is rapidly becoming one of the most transformative technologies in modern history. However, much of today’s AI development remains in the hands of centralized entities—Big Tech companies that control vast amounts of computing power and data. The rise of blockchain technology and decentralized networks now offers an

February 25, 2025 5 mins read

OKX Settles DOJ Charges With $505M Payment After Pleading Guilty

One of the top crypto exchanges, OKX made it to the headlines today for operating an unlicensed business. It agreed to pay around $505 million worth of fines for violating US anti-money laundering rules. Most of these violations occurred from 2018 to 2024.  As per the recent report published by

February 25, 2025 2 mins read

Bybit Closes the ETH Deficit of $1.23B Within 48 Hours From the Hack

Bybit quickly recovered from the recent hack of $1.5 billion worth of funds. The exchange fell prey to hackers despite being the secure and top-second crypto exchange platform in the industry. Its quick recovery to offer continuous support to users is setting an example to other crypto platforms in the

February 24, 2025 2 mins read

WazirX Discreetly Moves Funds Out of Bybit After the $1.5B Hack

The recent Bybit hack shook the crypto industry, wiping around $1.5 billion worth of ETH from the exchange. Despite the huge loss, the exchange maintained its composure and addressed the issue at the earliest possible. It even restored the liquidity, allowing users to withdraw within a couple of days. Meanwhile,

February 24, 2025 2 mins read

Upcoming Potential Binance Listings in 2025: The Next Big Crypto Movers

In 2025, the global crypto market saw a surge in investor involvement, driven by Donald Trump’s pro-crypto stance and initial adoptions. Despite a decline in prices, Bitcoin and other altcoins gained attention and performed well, with market sentiment remaining high due to upcoming updates. As regulatory clarity improves and institutional

February 22, 2025 5 mins read

Bybit Hit by $1.4 Billion Crypto Heist as Lazarus Group is Suspected

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

February 22, 2025 1 min read