Bybit Hack: Thief Washes 18% of $1.4B Haul in 60 Hours
The attacker behind the massive Bybit exploit has already laundered 18% of the stolen funds in just 60 hours. They are reportedly using THORChain for cross-chain swaps, moving at breakneck…
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Bybit’s ETH Reserves Rebound, But Bitcoin and USDT Holdings See Major Declines
Bybit suffered a significant security breach last Friday, losing 401K ETH – worth around $1.4 billion – in one of the largest crypto heists in history. The attack has been…
Ethereum Bounces Back as Bybit ‘Closes Gap’ on Hack Losses
Ethereum prices displayed resilience over the weekend, rapidly bouncing back from a slump following the massive hack of the Bybit crypto exchange. The asset slumped 7% in a matter of…
Here’s How to Navigate the Yen Carry Trade in 2025 as Japan Faces Economic Shift: Bybit
The leading crypto derivatives trading platform, Bybit, has outlined potential challenges awaiting the Japanese yen carry trade in 2025 as the Bank of Japan (BoJ) implements policy changes and faces…
Payroll Fraud at Bybit: Employee Siphoned $5.7M Using Fake Transactions (Report)
Ho Kai Xin, a former payroll processing staff member at WeChain Fintech Singapore, has been sentenced to nine years and 11 months in jail for embezzling over $5.7 million. WeChain…
Bybit Announces Recovery Bounty Program: 10% of Stolen Funds
The cryptocurrency exchange Bybit, which just suffered a major security incident, is now launching a recovery bounty program. The team wants to give back 10% of the funds that anyone…
Bybit Hack Fallout: Arthur Hayes, Samson Mow Push for Ethereum Rollback
In what is considered now the largest hack within the cryptocurrency industry, Bybit’s hot wallet was compromised when trying to complete a legitimate transfer, and roughly $1.5 billion, mostly in…
Bybit Hack Aftermath: Single Whale Liquidated for $46M as BTC Dumps by $4K
As the details around perhaps the largest hack in the cryptocurrency industry continue to unravel, BTC’s price has started to crash once again, falling by over four grand since today’s…
BTC Rejected at $100K After $1.5B Bybit Hack, SEC to Halt Coinbase Lawsuit: Your Weekly Crypto Recap
It was a relatively slow and quiet uneventful week for the cryptocurrency markets but Friday turned the tables around with some big news. But before we dive into the major…
Bitcoin Price Crashes on Reports of Alleged $1.5B Bybit Security Incident
Several reports emerged in the past minutes that one of the world’s leading crypto exchanges, Bybit, was compromised for roughly $1.5 billion in digital assets. Although the news is yet…