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On-chain investigator ZachXBT has identified North Korea’s Lazarus Group as the team behind the billion-dollar Bybit hack, winning a 50k ARKM bounty for solving the case. The breakthrough came when ZachXBT submitted conclusive evidence linking the attack to the hacking…
ETH
Ethereum
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The scale of the staggering $1.4 billion hack on crypto exchange Bybit will undoubtedly unfold in coming days and weeks. However, as Bybit, industry players such as other exchanges and blockchain sleuths work out on unmasking the hacker, on-chain data…
ETH
Ethereum
STETH
Lido Staked Ether
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Ethena Labs has provided an update confirming that its unrealized PNL exposure to the hacked crypto exchange Bybit is now zero. The update follows an earlier post in which the Ethereum-based synthetic dollar protocol reassured users that its USDe stablecoin…
ENA
Ethena
News
Ben Zhou, ByBit CEO, assured the public that user funds were safe and the platform could cover losses from the largest crypto exchange hack in history.
ETH
Ethereum
News
Ethereum multisig wallet Safe has announced it is temporarily halting certain functionalities as the post-mortem of the $1.4 billion Bybit hack on Feb. 21 begins. Safe said in an update that the wallet’s security team had not found any evidence…
ETH
Ethereum
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Bybit confirmed its multi-sig cold wallet was breached hours after the crypto exchange increased access to liquidation data for transparency.
ETH
Ethereum
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Crypto exchange Bybit said Friday that all liquidation data can now be accessible via its enhanced API. Bybit has made its liquidation data publicly available through an upgraded API, weeks after CEO Ben Zhou questioned CoinGlass’ Bitcoin liquidation estimates. In…
News
Pi Network has been accused of being a scam by Bybit CEO Ben Zhou, bringing up a police notice from 2023 that calls it a ‘scam that preys on the elderly.’ In a recent post, Bybit co-founder and CEO Ben…
PI
Pi Network
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Former payroll manager, Ho Kai Xin, has been sentenced to nine years and 11 months in prison for stealing $4.2 million from Bybit. According to Singaporean news outlet the Strait Times, the 32-year-old woman pleaded guilty to five charges of…
USDT
Tether
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SoSoValue adopts Bybit’s transparency framework for listed tokens
News
Bybit has introduced a Physical Card for international users, according to a press release shared with crypto.news. This new Bybit card allows users to make payments anywhere Mastercard is accepted, bridging the gap between digital assets and real-world transactions. Crypto…
News
Crypto exchange Bybit is no longer on France’s Autorité des Marchés Financiers blacklist after more than two years of regulatory scrutiny. On Feb.14, Bybit CEO Ben Zhou announced on his X account that the company had resolved its ongoing issues…
News
Crypto exchange Bybit and Block Scholes, a London-based research firm, have published a new report analyzing why the much-anticipated altcoin season has yet to arrive during the current market cycle. The market so far is “a sea of uncertainty.” But…
News
The biggest centralized crypto exchanges moved $18.83 trillion in spot trades last year, but that’s still short of 2021’s record. Some platforms took off in 2024, while others fell behind. Data compiled by crypto price aggregator CoinGecko reveals that Binance…
News
Bitcoin remained resilient during the latest market sell-off, while altcoins faced estimated liquidations of $8 billion to $10 billion, with funding rates turning deeply negative, a survey claims. A sharp spike in volatility shook the crypto market, erasing billions in…
News
Cryptocurrency exchange ByBit is set to resume its services in India after registering with the country’s Financial Intelligence Unit. In a press release shared with crypto.news, ByBit said it is now registered with the FIU and compliant with and compliant…
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