Amid the ongoing controversy surrounding the Libra token’s dramatic 95% crash, KIP Protocol has publicly distanced itself from the project, refuting claims that it played any role in the token’s launch or management. In a statement released on...
Infini, a stablecoin payment firm, has suffered a $50 million exploit, with investigations pointing to a former developer who allegedly retained unauthorized administrative privileges after completing the project. Blockchain security firm Cyvers uncovered the breach, revealing in an...
Blockchain security firm Elliptic has reported that the massive $1.46 billion stolen from Dubai-based crypto exchange Bybit is now being laundered, with hackers employing complex tactics to obscure their tracks. According to a blog post by Elliptic, the...
In a significant move following its recent security breach, cryptocurrency exchange Bybit has reportedly purchased 266,700 Ethereum (ETH) worth approximately $742 million over two days, according to blockchain analytics firm Lookonchain. The purchases were made by wallets associated...
Singapore-based crypto venture capital firm Foresight Ventures has committed up to $25 million to support emerging blockchain startups on BNB Chain through 2025. According to the press release issued on February 24, As an alliance member of BIA,...
Ethereum’s highly anticipated Pectra upgrade is set to go live on the Holesky testnet today at 9:55 PM UTC, marking a crucial step in the blockchain’s ongoing development. The Ethereum Foundation announced on February 24 that the upgrade...
Bybit CEO Ben Zhou has confirmed that the crypto exchange has fully restored its withdrawal system after suffering the largest hack in the industry's 15-year history. In a post on X on February 22, Zhou assured users that...
A Brazilian national, Douver T. Braga, has been extradited from Switzerland to the United States to face charges related to a $290 million Bitcoin investment fraud scheme. According to a press release by the U.S. Department of Justice,...
The bankrupt crypto exchange FTX has officially begun repaying creditors, but concerns are growing as investors from 26 countries—including Ukraine, China, and Russia—have been deemed ineligible for distributions. On February 18, FTX began its first round of repayments,...
Blockchain intelligence firm Arkham Intelligence has confirmed that the North Korean state-backed Lazarus Group is responsible for the massive $1.46 billion exploit of crypto exchange Bybit on February 21. The revelation came after on-chain investigator ZachXBT successfully traced...
