Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
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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Vitalik Buterin’s Disappointment and Ethereum’s Strategic Vision In a recent AMA session, Ethereum co-founder Vitalik Buterin shared his most disappointing moment, sparking a deeper look into Ethereum’s future strategy and its role in the broader crypto ecosystem. Buterin’s disappointment over casino criticisms Commitment to Ethereum community Strategic shifts for Ethereum Contrasting approaches with Solana Scalability […]
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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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Changpeng Zhao’s $1M Community Gift: Navigating the Path Forward Changpeng Zhao, the former CEO of Binance, received an unexpected community gift of over $1 million following his donation to support victims of the Libra token rug pull. Now, Zhao faces the decision of how best to utilize these funds, sparking a debate on the most […]
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Ethereum Developer Explains Why $1.4B Bybit Hack Can’t Be Reversed The recent $1.4 billion Bybit hack on Ethereum’s network left the crypto world reeling. Ethereum developer Tim Beiko has provided insight into the technical barriers that make reversing this massive theft impossible, highlighting the complexities of modern blockchain security. $1.4B Bybit hack cannot be reversed […]
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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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Samson Mow Calls for Ethereum Rollback After $1.4 Billion Bybit Hack Samson Mow, a prominent Bitcoin advocate, has sparked a heated debate in the crypto community by urging a hard fork and blockchain rollback for Ethereum following a massive $1.4 billion hack on Bybit. Orchestrated by North Korean hackers, the theft of ETH and staked […]
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Vitalik Buterin Joins the Fight Against UK Government’s Demand for Apple User Data Vitalik Buterin, the mastermind behind Ethereum, has stepped into the fray to defend Apple users’ privacy in the UK, igniting a broader resistance against government overreach. Apple disables ADP for UK users iCloud data no longer end-to-end encrypted Buterin criticizes centralized data […]
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Indian Businessman Falls Victim to Sophisticated Crypto Scam, Loses $221k An Indian businessman from Ahmedabad lost Rs. 1.92 crore ($221k) to a sophisticated cryptocurrency scam that started with a seemingly innocuous friend request on Facebook. The scammer, posing as a woman, introduced the businessman to a fraudulent investment platform, promising high returns. Initially, small profits […]
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