The FBI has sounded the alarm on the largest crypto heist in history, urging exchanges and blockchain providers to freeze stolen Bybit funds before they vanish. The FBI has called on cryptocurrency exchanges and blockchain node operators to freeze transactions associated with the Bybit hackers, escalating efforts to track and prevent the laundering of stolen
Daniel E
Daniel E is a blockchain advocate, crypto writer, and Web3 enthusiast passionate about analyzing blockchain trends and market movements. With a degree in Chemical Engineering and experience in content creation and community management, he brings a fresh perspective to the evolving tech landscape.
In a major crackdown on crypto fraud, US authorities have extradited Gotbit founder Aleksei Andriunin to face market manipulation and wire fraud charges. Aleksei Andriunin, the 26-year-old Russian founder of Gotbit, has been extradited from Portugal to the United States, where he now faces charges related to market manipulation and wire fraud conspiracy. The US
Aleksei Andriunin, Gotbit Founder, Extradited to US on Market Manipulation and Fraud Charges
Pump.fun’s official X account has been compromised, with hackers using it to promote a fake governance token called “PUMP.” The incident raises fresh concerns about phishing scams and crypto cybersecurity, as users are warned to avoid interacting with suspicious links. Pump.fun’s X Account Breached to Promote Fake Token The official Pump.fun X account was hacked
Pump.fun’s X Account Hacked – Users Warned to Stay Away
The Ethereum Foundation has committed $1.25 million to support the legal defense of Tornado Cash developer Alexey Pertsev, reigniting debates on privacy, decentralization, and regulatory overreach in the crypto space. The Ethereum Foundation (EF) has made a significant move in the ongoing legal battle surrounding Tornado Cash, donating $1.25 million to support developer Alexey Pertsev
Ethereum Foundation Pledges $1.25M to Defend Tornado Cash Developer
Singapore’s iconic Metro department store is embracing digital finance by enabling stablecoin payments, signaling a major shift toward cryptocurrency adoption in mainstream retail. Metro, a publicly listed and long-established department store chain in Singapore, has introduced stablecoin payments in collaboration with Dtcpay, a Singapore-licensed crypto payment provider. This partnership will allow Metro customers to pay
Metro Department Store Introduces Stablecoin Payments in Singapore
A cryptocurrency transaction at a luxury hotel in Jeju City, South Korea, ended in tragedy as a Chinese man was killed, prompting swift action from local authorities who have arrested four Chinese nationals suspected of the crime. The case highlights the growing security risks associated with unregulated peer-to-peer (P2P) crypto trading. Murder at a Luxury
Chinese Man Killed in South Korea During Crypto Trade, Four Suspects Arrested
The U.S. Securities and Exchange Commission (SEC) has officially dropped its investigation into Uniswap Labs, signaling a potential shift in regulatory scrutiny over decentralized finance (DeFi) platforms. The move sets a major precedent for future enforcement actions in the DeFi space and suggests a softer stance under the SEC’s new leadership. SEC Backs Off as
SEC Ends Investigation Into Uniswap Labs, Marking Win for DeFi Regulation
Bybit CEO Ben Zhou has issued a bold declaration of war against the North Korea-affiliated hacker group Lazarus, vowing to track stolen funds, strengthen security, and collaborate with global authorities to combat crypto crime. Less than a week after Bybit suffered a staggering $1.4 billion exploit, its co-founder and CEO Ben Zhou has pledged to
Bybit CEO Declares ‘War Against Lazarus’ After $1.4B Hack
Riot Platforms is surging ahead, posting a record $376.7 million in revenue up 34.2%, despite soaring mining costs and industry-wide challenges. The company’s 2024 earnings report underscores the growing profitability of institutional Bitcoin mining, even amid rising energy costs and increased network difficulty. Riot’s Record Revenue and Net Income Growth Riot Platforms recorded $376.7 million
Riot Platforms Sees 34% Revenue Surge in 2024 as Bitcoin Mining Expands
In a swift and strategic response to one of the biggest crypto heists in history, Bybit has repaid a 40,000 ETH loan, worth approximately $104 million to Bitget, just three days after suffering a staggering $1.4 billion hack. The repayment, which came without interest or collateral, signals Bybit’s resilience and determination to restore investor trust
Bybit Repays Bitget’s 40,000 ETH Loan Following $1.4B Hack
Ethereum’s next major upgrade, Pectra, is set to go live on the Holesky testnet today at 9:55 pm UTC, marking a significant milestone in the network’s ongoing development. This critical phase of testing will allow developers to evaluate and refine new improvements before rolling them out to the Ethereum mainnet. According to the Ethereum Foundation,
Ethereum Developers Begin Pectra Testing on Holesky Testnet
The $1.4 billion Bybit hack, the largest crypto heist in history, has entered a critical phase as stolen funds are likely being laundered through crypto mixers, according to blockchain security firm Elliptic. This development raises serious concerns about illicit fund tracing, regulatory responses, and the effectiveness of security measures in the crypto space. Elliptic: Hackers