Markets
THORChain Reports Unprecedented $4.6 Billion Volume Following Bybit Hack
THORChain has recorded significant trading volume attributed to the laundering activities from the recent Bybit hack.
Finance
Bybit and Safe Custody Clash Over Responsibility for $1.5 Billion Hack
Bybit's forensic report absolves its security while implicating Safe wallet's vulnerabilities in a recent major breach.
Finance
Bybit Launches Initiative Against Lazarus Group to Recover Stolen Funds
Bybit announces a crowdsource initiative to freeze assets linked to a recent theft, offering a 5% reward for helpful submissions.
Crypto News
U.S. Authorities Recover $31 Million in Cryptocurrency Linked to Uranium Finance Breach
U.S. law enforcement has successfully seized $31 million in cryptocurrency tied to a significant hack of Uranium Finance that occurred in 2021, providing a glimmer of hope for victims.
Crypto
Bybit Resolves ETH Deficit Following Major Hack
Bybit successfully reinstates a 1:1 backing of client assets after facing a significant $1.4 billion hack.
Crypto
Criticism Arises Over Ethereum 'Roll Back' Proposal Amid Bybit Hack
The Ethereum community responds strongly against suggestions to roll back the network following a major hack affecting Bybit.
Finance
Bybit Faces $4 Billion Withdrawal Surge After Major Hack
Following a significant security breach and resulting bank run, Bybit's management is working to stabilize funds and enhance security protocols.
Finance
Arthur Hayes Suggests Reverting Ethereum to Address Bybit Hack
Arthur Hayes proposes rolling back the Ethereum network to aid in retrieving nearly $1.4 billion lost in the Bybit hacking incident.
Finance
CZ Advises Bybit to Suspend Withdrawals After $1.5B Breach
Changpeng Zhao, the founder of Binance, suggests Bybit should pause withdrawals following a significant security incident.
Crypto
Bitcoin and Ether Price Drop Following $1.4B Bybit Security Breach
The cryptocurrency market saw significant downturns as Bybit reported a major outflow, impacting Bitcoin and Ether prices.
Finance
Bybit's CEO Acknowledges $1.46B Hacking Incident That Affects Cryptocurrency Markets
A recent hack of the Bybit exchange has led to significant cryptocurrency withdrawals, causing market shifts.
Markets
Semler Scientific's Eric Semler Suffers Account Breach, Promoting New Solana Token
Eric Semler's compromised account promoted a Solana-based token that initially surged before crashing.
Finance
WazirX to Distribute 85% of Stolen User Funds Following Rebalancing Completion
The Indian crypto exchange plans to initiate partial fund distribution for hack victims, contingent on creditor approval.
Fraud
Billionaire Mohammed Dewji Targeted in Recent Crypto Scam Involving $TANZANIA
The X account of Tanzanian businessman Mohammed Dewji was hacked, leading to a promotion of the fraudulent TANZANIA token and significant financial losses for investors.
Finance
WazirX Informs Creditors: Accept the New Plan or Wait Until 2030 for $230M Hack Refunds
Following a significant security breach, WazirX informs its creditors about the voting on a restructuring scheme that could enable them to receive their stolen crypto.
Finance
Phemex Exchange Probes Possible Hack After $29 Million Theft
Singapore's Phemex is investigating reports of a significant hack affecting its hot wallet, where $29 million worth of cryptocurrency was reportedly drained.
Cybersecurity
North Korea Allegedly Behind $305 Million DMM Crypto Exchange Hack
Authorities in Japan and the U.S. have linked the $305 million theft at DMM exchange to North Korean hackers known for their social engineering tactics.
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