Bybit suffers a $1.4 billion crypto hack, triggering Ethereum and Bitcoin price drops. Binance, Bitget, and MEXC provide emergency financial support. Bybit, a well-known cryptocurrency exchange, suffered a massive hack today. Theft operations led to hackers obtaining approximately $1.4 billion worth of Ethereum-based tokens. Overall the market showed a fast response to this incident. Ethereum’s … Read more
Bybit CEO Ben Zhou said that withdrawals have returned to a “normal pace” after the major exploit that drained $1.5 billion from the exchange.
In a startling turn of events, the cryptocurrency market faced a massive liquidation of $566 million within just 24 hours, following a significant cyber attack on the Bybit exchange. The breach led to the theft of a staggering $1.4 billion in Ethereum, igniting panic among traders and causing steep declines in the values of major … Read more
Bitcoin payments firm Strike now offers callback phone support to its verified U.S. customers. “We know that sometimes a phone conversation is the most effective way to get the help you need,” the company said when it officially announced the service on Thursday, also calling it “the best support experience in bitcoin.” Phone support is … Read more
The key to investing smartly is knowing what crypto to buy now before it explodes in value. The world of crypto moves fast. By the time most people hear about a coin, early investors have already made their profits. One of the best cryptocurrencies gaining serious traction is Dawgz AI. This project combines AI-powered trading … Read more
Acre, a pioneering Bitcoin platform, revealed today via a X post the successful closure of a $4 million strategic funding round, elevating its valuation to $90 million. It further made the public launch of its decentralized application (dapp) to provide a seamless way for its users to compound their BTC holdings. Though AcreBTC began offering Bitcoin … Read more
Jurrien Timmer, director of global macro at Fidelity, has once again drawn parallels between Bitcoin and gold, claiming that these two assets are playing on the same team. Timmer has compared how gold and its digital version respond to monetary expansion (M2 growth). The executive has noted that gold has had a linear correlation with … Read more
The post Hopeful Comeback: 79% of FTX Creditors Plan Bold Crypto Reinvestment, Eyeing Solana & Memecoins appeared on BitcoinEthereumNews.com. Hopeful Comeback: 79% of FTX Creditors Plan Bold Crypto Reinvestment, Eyeing Solana & Memecoins – BitcoinWorld Skip to content Home News Crypto News Hopeful Comeback: 79% of FTX Creditors Plan Bold Crypto Reinvestment, Eyeing Solana & … Read more
A Bybit payroll fraud scheme funneled $5.7 million into a worker’s personal wallets, funding luxury splurges before authorities uncovered the deception and issued a prison sentence. Bybit Crypto Payroll Fraud Leads to Prison Sentence A former payroll employee has been sentenced to nine years and 11 months in jail for orchestrating a $5.7 million fraud … Read more
Bybit Hack Update: Bybit cryptocurrency exchange is facing a severe security incident that has left the crypto community concerned. The Bybit hack, which involved the compromise of a multi-signature cold wallet, has resulted in significant financial losses. After 1 hour of the Bybit hack, a net outflow of $700 million was reported, following the initial … Read more