Bitcoin News / Bitcoinist - 8 months ago
A blockchain security firm revealed that stolen funds from crypto exchange Bybit are being moved by hackers to crypto mixers to convert the bagged funds into Bitcoin in an attempt to obfuscate the transaction trail.
Elliptic believes that the hackers...
Cryptocoins News / CoinJournal - 8 months ago
Chainflip announced the 1.7.10 upgrade will be ready for testing and deployment in 24-72 hours
The cross-chain AMM says the move will block Bybit hackers or other attackers from using the platform to launders stolen funds
Cross-chain automated mark...
Bitcoin News / Bitcoinist - 8 months ago
Crypto exchange Bybit has recently announced that it has replenished its reserves following its staggering $1.5 billion hack, marking the largest breach in the history of the cryptocurrency industry.
According to a report by CNBC, the exchange manag...
Bitcoin News / Bitcoin.com - 8 months ago
Infini, a Hong Kong stablecoin neobank, confirmed a $49 million hack due to exploited administrative privileges, just days after a massive breach at Bybit. Infini: Runway Still Solid The Hong Kong stablecoin neobank, Infini, confirmed on Feb. 24 that...
Bitcoin News / Bitcoin.com - 8 months ago
BTC retreated to $95K, mostly due to the Bybit hack and Fed rate jitters, both of which shook market confidence. Crypto Market Reels as Bitcoin Drops to $95K Following Bybit Hack and Fed Speculation Bitcoin (BTC) is navigating a turbulent market land...
Bitcoin News / Google News Bitcoin - 8 months ago
Bitcoin price today: slides below $95k as Bybit $1.5 bln hack spooks investors By Investing.com& & Investing.com
Bitcoin News / Bitcoinist - 8 months ago
In a surprising turn of events, cryptocurrency exchange Bybit purchased around 266,700 ETH worth $742 million in just 48 hours. Blockchain analytics company Lookonchain has kept an eye on this significant transaction following a disastrous $1.4 billi...
Cryptocoins News / CoinJournal - 8 months ago
Infini’s exploit follows the Bybit hack that resulted in the loss of $1.5 billion last week
Infini’s attacker had previously worked on the project’s development contract and secretly retained the admin rights
Christian Li said full...
Bitcoin News / Bitcoinist - 8 months ago
The colossal $1.5 billion hack of Bybit last week has set off fierce discussions across the crypto community, with some industry voices contending that Ethereum’s design might have played a role. The theft of approximately 401,000 Ether (ETH)— orches...
More / Etherum Reddit - 8 months ago
I believe the Bybit hack has demonstrated the ability of the company to deal with losses in case of an emergency and remain afloat. It's very relieving that no one's coins were lost despite the hack. Blockchain technology is growing and so ar...
Bitcoin News / Google News Bitcoin - 8 months ago
Bitcoin price today: dips to $95.6k as Bybit $1.5 bln hack spooks investors By Investing.com& & Investing.com
Cryptocoins News / CoinJournal - 8 months ago
Key takeaways
Ether dipped to the $2,600 region following Bybit’s hack on Friday but now trades above $2,700 per coin.&
iDEGEN has raised nearly $25 million as presale ends in two days.
ETH could rally higher after dipping on Bybit hack...
Bitcoin News / Google News Bitcoin - 8 months ago
Crypto Crash Today-Feb 24th : Bitcoin, XRP News Live, Pi Network Price, Bybit Hack Update& & Coinpedia Fintech News
Cryptocoins News / Finance Magnates - 8 months ago
Bybit, the cryptocurrency exchange hacked last Friday, withstood an outflow of over $6.1 billion over the weekend. However, the exchange’s CEO announced that the platform replaced the $1.4 billion worth of Ether stolen in the attack.According to DeFi...
Bitcoin News / Bitcoin.com - 8 months ago
In recent days, the cryptocurrency platform Bybit fell victim to a sophisticated cyberattack, hemorrhaging over $1.4 billion in assets purportedly tied to operatives from North Korea. As of this report, the perpetrator controls roughly 449,395.23 ETH...
Bitcoin News / Bitcoinist - 8 months ago
Ethereum Foundation lead developer Tim Beiko has dismissed the idea of an Ethereum blockchain rollback following the Bybit crypto exchange hack. In a detailed post on X, Beiko explained why such a proposal is impractical and unfeasible.
Ethereum Net...
Cryptocoins News / CoinJournal - 8 months ago
The Bybit hack caused some market volatility, although the market is slowly stabilizing amid the exchange’s recovery efforts
Bybit has already managed to fully close the ETH gap caused by the hack
Amid the chaos, Bitcoin Pepe’s presale i...