Citadel Securities, one of the world's largest hedge funds, with assets under management (AUM) totaling $65 billion, is reportedly exploring the world of cryptocurrency trading. According to a recent Bloomberg report, the Miami-based firm, which is a major player in traditional finance, is looking to establish itself as a market maker for some leading cryptocurrency exchanges, including Coinbase.
Sam Bankman-Fried, the convicted founder of FTX , has posted on social media for the first time in nearly two years, commenting on government layoffs while reflecting on his own experiences with corporate downsizing. What Happened: In a series of tweets on Tuesday, Bankman-Fried, who is currently serving time for fraud, drew comparisons between unemployment and his own situation.
The exchange is offering a 5% bounty for submissions that could lead to stolen funds being frozen.
Dubai-based Bybit reinforced its stand against the Lazarus Group with a new bounty for protocols and an upfront fee for anyone who helps recover the stolen funds.
Bybit is taking aggressive measures to recover all of the funds stolen in the recent hack that resulted in a loss of $1.46 billion from the exchange. The Bybit CEO declared a war against the North Korean hacking group Lazarus, responsible for the largest cryptocurrency heist to date.
Regulatory agencies have scrutinized crypto ATMs over the years over concerns that they are being used in scams.
Blackrock has transferred about 18,168 ether and 1,800 bitcoin, worth around $44 million and $160 million, to the centralized crypto platform Coinbase. Blackrock's Digital Asset Strategy and Rebalancing in the Spotlight Onchain observers noted that the transfers occurred within a short window, indicating that the financial giant Blackrock is actively moving its digital asset holdings.
The exchange is tracking stolen funds, blacklisting wallets, and working with law enforcement to prevent further illicit transactions.
The crypto market in India is witnessing an unprecedented surge as thousands of people—particularly young workers—turn to Bitcoin, Ethereum, and Dogecoin in an attempt to escape stagnant wages and a brutal job market, according to a report from Reuters. This isn't only happening in major metros like Mumbai and Delhi.
Binance has drawn attention once again with its latest move in the crypto market.
Investors are always on the lookout for early-stage opportunities with high-growth potential, and analysts believe they may have found one in Mutuum Finance (MUTM). As the DeFi sector expands, this project is gaining attention for its decentralized lending model, which allows users to supply and borrow crypto assets while earning passive income.
In a devastating blow to the cryptocurrency industry, Bybit revealed on Friday that it had suffered a “sophisticated” attack resulting in the theft of over $1.5 billion worth of Ethereum (ETH) from one of its cold wallets.
Crypto prices crashed on Tuesday, accelerating a trend that has been ongoing this month. This decline happened after the recent Bybit attack and the potential US tariffs on imports from key countries.
Cryptocurrency exchange Bybit has announced its comeback to India after registering with authorities in the country.
Bybit has launched a dedicated bounty website aimed at tracking the money laundering activities of North Korea's Lazarus Group.
Bybit has resumed its trading services in India after securing registration with Indian authorities, the exchange announced on Feb. 25. The move restores full access to Bybit's platform for existing users, with new user onboarding also beginning gradually.
Bybit is offering a 5% bounty to exchanges, mixers or anyone who helps freeze funds stolen by North Korea's Lazarus Group.
Sales teams and general customer assistance operators might not like this, but one of the key segments where artificial intelligence is having commercial impacts today is in the so-called "virtual agents" space. They're getting smarter at handling problems.
Blockchain developer platform Alchemy has launched a $5 million ‘Everyone Onchain Fund' to fast-track Web3 adoption and align with Ethereum's technical growth. The post Blockchain Developer Alchemy Launches a $5M ‘Everyone Onchain Fund' appeared first on Cryptonews.
Dubai's Virtual Assets Regulatory Authority (VARA) is introducing new regulations mandating crypto firms to disclose the identities of major token holders, ensuring greater transparency, reducing manipulation risks, and providing investors with clearer insights into token ownership and potential market volatility. The post Dubai Plans Move to Reveal Identity of Crypto Whales: Report appeared first on Cryptonews.
Ben Zhou announced the launch of a bounty program after reporting hackers tied to North Korea used an exploit to steal more than $1.4 billion in crypto from Bybit.
The raise was led by Electric Capital and included participation from MassMutual, Highland Capital, Haun Ventures and ParaFi Capital
BitMart's growth and user-friendly features could accelerate mainstream crypto adoption, influencing global financial systems and regulations. The post BitMart uncovered: The user-friendly gateway to crypto trading appeared first on Crypto Briefing.
Aurora Labs has unveiled a new feature in its Aurora Cloud Console, enabling instant blockchain deployment with no coding required.
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Binance hacker alert stole users' crypto by simulating trusted devices and IPs after stealing sensitive data (emails, Google Authenticator codes, and Binance account info) through malicious software.
Lazarus Group has stolen over $6 billion in crypto since 2017, making it the most notorious hacking ring in the industry.
Bybit held the biggest share of liquidations in the past 24 hours, at over $675M out of a total $1.48B. The exchange did not retain the liquidated funds, but gained additional trading and liquidation fees.
Hackers are embedding crypto stealing code in GitHub to fool coders into downloading malwared templates for their projects.
A seasoned trader and analyst is warning that the future appears perilous for altcoins as the US stock market flashes worrying signs. The trader pseudonymously known as The Flow Horse tells his 9,120 Telegram subscribers that with the exception of Bitcoin (BTC), crypto assets could be at the “beginning of a depressing bear market.
TL;DR Hackers stole $1.46 billion from Bybit in the largest attack on a crypto exchange in history, with the Lazarus Group identified as the perpetrators. Lazarus used phishing attacks to access cold wallets and altered multisig contracts to transfer funds without restrictions.
As the transformative technology evolves, the opportunity for Web3 to play a significant role is growing rapidly.
Global financial markets are reacting to President Donald Trump's latest economic decisions, with stocks tumbling in Asia, Treasury yields hitting two-month lows, and Bitcoin crashing below $90,000. Investors are scrambling after the White House confirmed new tariffs on Canada and Mexico on Monday, as well as additional restrictions on Chinese investment in US markets.
Michael Saylor, CEO of Strategy, recently met with the Crypto Task Force of the Securities and Exchange Commission (SEC) to discuss changes to US regulations for digital assets.
Why do the world's biggest crypto hacks always lead back to Park Jin Hyok? From Sony to Bybit, how has he perfected billion-dollar cyber thefts?
A 41-metre superyacht was bought in crypto for 2027 delivery the broker, Denison Yachting, said in one of the first sale of its kind.
The platform advises users to review the updated leverage and margin tiers to fully understand how it may affect their positions.
OKX fined $504M for U.S. AML violations as SEC eases pressure on domestic platforms.
A coalition of U.S. financial industry groups has urged the White House's crypto czar, David Sacks, to include federal banking regulators in the President's Working Group (PWG) on digital assets.
Decentralized finance is giving capitalism a makeover. There's finally a version where everyone gets a fair shot, and everything's out in the open.
Mavryk Dynamics aims to simplify RWA tokenization and DeFi integration, making digital asset ownership more accessible.
The hyper-accurate location network provides mapping data down to the size of a golf ball
Crypto just keeps dropping — what's driving the crash, and what's next? Bitcoin (BTC) plummeted below $88,000, marking its lowest level in three months.
The attack, executed through phishing and multi-signature wallet manipulation, led to the transfer of 401,000 ETH to hacker-controlled addresses. The post Chainalysis Links Bybit's $1.46 Billion Loss to North Korean Hackers appeared first on Cryptonews.
The hype around its listing on Upbit has sent CoW Protocol native coin soaring by more than 50%.
Binance allegedly manipulated the crypto market leading to capitulation of $110 Billion on altcoin markets.
The crypto sector is undergoing a fundamental transition that may revolutionize investment methods by 2025. Related Reading: Bitcoin ETF Frenzy: Research Finds Most Investors Aren't Sticking Around “It's a selective altseason—most altcoins will not make it,” predicted CryptoQuant CEO Ki Young Ju on February 25, foreshadowing the end of prior cycles' market surges.