OKX Denies EU Investigation Claims Amid Bybit Hack Fallout In a stunning turn of events, OKX has found itself embroiled in controversy following the massive $1.5 billion Bybit hack. The exchange has vehemently denied being under investigation by EU regulators, contrary to a recent Bloomberg report linking OKX’s Web3 service to the laundering of stolen […]
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Ethena Labs’ USDe Gains Momentum, Challenging Stablecoin Giants Ethena Labs is making a bold play in the stablecoin market with its USDe, directly challenging the dominance of USDT and USDC. With strategic partnerships and significant investments, USDe is positioning itself as a formidable contender. Bybit integrates USDe, enhancing liquidity MEXC invests $36 million in Ethena […]
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Judge Dismisses SEC Lawsuit Against HEX Founder, Trump Plans Crypto Summit, and More: Weekly Crypto Recap This week in the crypto world, HEX founder Richard Heart dodged a regulatory bullet when his SEC lawsuit was dismissed, President Trump announced a crypto summit, and the Trump family explored a metaverse venture. Meanwhile, MetaMask planned to support […]
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Bybit Hack: Lazarus Group Moves 62,200 ETH – Full Amount Could Be Cleared in 3 Days In a race against time, the notorious Lazarus Group, linked to North Korea, is swiftly laundering the $1.4 billion stolen from Bybit in the largest crypto hack to date. The group’s recent move of 62,200 ETH on March 1 […]
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Billionaire Novogratz Rejects Calls For Ethereum Hard Fork After Crypto’s Biggest Hack, Urges Action Against Lazarus Group – Lazarus Group hacks Bybit, stealing $1.5B in ETH – Novogratz opposes Ethereum hard fork proposal – Calls for world leaders to tackle Lazarus Group – Ether’s price drops over 7% post-hack The cryptocurrency world was shaken to […]
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Bybit CEO Affirms Solvency After Record-Breaking $1.4 Billion Hack Bybit, a leading cryptocurrency exchange, faced an unprecedented security breach, resulting in the theft of approximately $1.46 billion in Ethereum (ETH) and staked Ethereum (stETH). Despite this massive heist, Bybit CEO Ben Zhou swiftly reassured users of the exchange’s solvency and its ability to cover the […]
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Pump.fun Thwarts Bybit Hacker’s $26 Million Money Laundering Scheme with Memecoins Pump.fun, a platform at the forefront of memecoin innovation, recently took bold action to block a hacker linked to the massive Bybit exploit from launching tokens on their platform. This decisive move prevented the laundering of over $26 million in stolen funds through a […]
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WazirX Secretly Moves Funds Out of Bybit Post $1.5 Billion Hack: No Explanation Provided If you’re a WazirX user, you might be feeling left in the dark. Following the massive $1.5 billion Bybit hack on February 21, 2025, WazirX clandestinely withdrew ₹606 crore from Bybit, leaving its users with more questions than answers. Bybit hack […]
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Lazarus Group’s QinShihuang Meme Coin: A $26M Laundering Scheme from Bybit Heist North Korea’s Lazarus Group has once again exploited the crypto world, this time using the QinShihuang meme coin to wash away $26 million of the nearly $1.5 billion they stole from Bybit. On-chain investigator ZachXBT’s detailed tracking of transactions across multiple blockchains exposed […]
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Bybit Bounces Back: Restores Nearly Half of Ether Reserves After $1.5 Billion Hack In a stunning display of resilience, Bybit bounced back from a $1.5 billion hack in just two days, thanks to the crypto community’s solidarity. The exchange has restored nearly half of its Ether (ETH) reserves through OTC purchases and emergency transfers, showcasing […]
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