Bybit

Highlights: Bybit replaced $1.4 billion stolen Ethereum, ensuring full 1:1 client asset backing.  An audited Proof-of-Reserves report will confirm Bybit’s 100% reserve holdings. eXch denied laundering funds but faced accusations of freezing user deposits and ignoring messages. In an X […]

Highlights: Bybit offers a $140M bounty for cybersecurity experts assisting in recovering $1.4B in stolen Ethereum. Investigations link the hack to North Korea’s Lazarus Group, with funds already in laundering processes. Some funds have been recovered, with Tether freezing $181,000 […]

Highlights: Arthur Hayes has suggested rolling back Ethereum to help recover the stolen assets. The Bybit hack saw attackers steal funds from an ETH cold wallet and move them across multiple addresses. Experts warn a rollback will harm Ethereum and […]

Highlights: Bybit lost $1.4 billion in Ethereum through a phishing attack targeting its cold wallet. Hackers manipulated the wallet’s smart contract using a deceptive interface to authorize transfers. The attacker moved and sold the stolen funds via decentralized exchanges, impacting […]

Highlights: Bybit now provides real-time liquidation data every 500 milliseconds. The upgrade improves market transparency and risk management for traders. CoinGlass integrates Bybit’s data for enhanced market analysis. Biybit, the second largest cryptocurrency trading platform based on trading volume, has […]

Highlights: Bybit CEO Ben Zhou calls Pi Network a scam, urging clarity on its legitimacy. Chinese authorities previously warned of Pi scams, highlighting elderly exploitation and data misuse. Pi token crashes 41% after record airdrop, sparking community doubts and debate. […]

Highlights: Bybit was officially removed from the AMF blacklist after two years of regulatory compliance efforts.  The exchange plans to secure a MiCA license for legal EU operations. Other major exchanges are rushing to comply with MiCA for European expansion. […]

Highlights: Japan has blocked users from downloading five unregistered crypto exchanges from Google and Apple stores. The FSA requires all crypto exchanges operating in the country to register before offering services to users. Users affected by the move can still […]

Highlights: The Berachain Foundation will distribute $632M worth of BERA tokens at the mainnet launch. Airdrop allocates 15.8% of the total supply among eligible participants. Berachain collaborates with Binance, Bybit, and MEXC for widespread global token listings. The Berachain Foundation […]

Highlights: Malaysia plans to modernize finance with cryptocurrency policies and international collaborations. Anwar has urged swift action to adopt digital finance and train a skilled workforce for the crypto industry. Malaysia is working with UAE and industry leaders to create […]

Highlights: Malaysia’s SC ordered Bybit to cease all operations due to regulatory non-compliance. Bybit hopes to reconnect with Malaysian users after securing the necessary licenses. Malaysia’s crypto laws recognize crypto as securities but not as legal tender. Malaysia’s Securities Commission […]

Highlights: Bybit has launched a service for wealthy clients that will offer tailored investments. Bybit will end its services in France by January 2025 due to strict laws. French users are required to withdraw their funds or move them to […]