Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Bybit announced bounty program to recover stolen funds, Bybit fell victim to the biggest hack in crypto history, with North Korean hackers stealing over…
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Bybit exchange hacked, over $1.4 billion in ETH-related tokens drained Cryptocurrency exchange Bybit has been hacked for over $1.4 billion in liquid-staked Ether, Mantle Staked ETH and other ERC-20 tokens, according to pseudonymous onchain security analyst ZachXBT, who spotted the incident shortly after it occurred. Following the exploit, the onchain sleuth warned users to blacklist addresses associated with the…
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Following the Lazarus hack, an online debate erupted about potentially rolling back the Ethereum blockchain to invalidate the stolen funds. Bybit CEO Ben Zhou said that the exchange will try all available means to get the stolen funds back — including a bounty program for anyone aiding in the return of the funds, working with…
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HK Asia purchased just one Bitcoin and saw its share price spike nearly 93% as a result. In May 2013, investor Davinci Jeremie urged people to “just buy $1 worth of Bitcoin” for potentially life-changing returns. At the time, BTC was valued around $100. Investors who were smart enough to heed his advice at any point over…
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When it comes to crypto, value is determined by price, utility and users. Based on these metrics, is Solana or Ethereum winning the battle to be the best blockchain? The Solana-Ethereum blockchain duel has never been more exciting to watch. While the ambitious newcomer showcases its high speed, user-friendliness, and low fees, the revered incumbent…
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Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Bybit has fallen victim to the largest hack in crypto history, with North Korean hackers stealing over $1.4 billion in assets. Meanwhile, the US…
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Over 13,000 investors in the LIBRA memecoin endorsed by Argentine president Javier Milei lost a combined $251 million, according to blockchain research firm Nansen. Onchain data shows the hardest hit investors of the Libra memecoin pump and dump scheme lost a combined $251 million. Blockchain research firm Nansen found that of the 15,430 wallets that…
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Some in the crypto community are outraged about the lack of legal clarity around memecoins like Libra, which collapsed soon after endorsement by Argentine President Javier Milei. The collapse of the Libra token, which was promoted by Argentine President Javier Milei, has reignited calls for stronger regulatory oversight of memecoins. “The blame for the Libra…
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“It seems like it’s some sort of price suppression,” Mow said during a panel discussion at Consensus Hong Kong. Bitcoin’s price action is raising concerns about possible market manipulation as the cryptocurrency continues trading in a tight range despite billions of dollars in institutional inflows. Bitcoin has been range-bound for over two months, trading between the…
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Will gaming crypto tokens ‘pop off’ this cycle? In late 2024, gamers were convinced that a “gaming bull run” was on the horizon, but now, everyone is unsure. The crypto market didn’t skyrocket like people expected after Donald Trump’s US presidential inauguration. Since Trump’s inauguration on Jan. 20, the three largest gaming tokens by market cap…
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