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news-imageFebruary 25, 2025

Bybit CEO declares ‘war against Lazarus' after $1.4B hack

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.
Publisher: Cointelegraph
Sentiment: Negative
General

More News Articles

Negative
cover-imageCryptoSlate
February 25, 2025

Crypto transfers are reportedly suffering restrictions in Europe

Crypto transfers are being restricted in Europe through heavy know-your-customer (KYC) procedures and blocks, potentially linked to the Travel Rule, according to several local reports. Hasu, the strategy lead at Flashbots, reported that Coinbase is blocking transfers in Europe to recipients other than the user.

general-iconGeneral
Negative
cover-imageBeInCrypto
February 25, 2025

New Study Reveals Blockchain Throughput is Overestimated by 75%

A new report from Taraxa claims that many leading blockchain projects have dramatically overestimated their throughput. The study shows that major blockchain networks like Sonic, Solana, and Aptos have a significant gap between theoretical TPS (transaction per second) and the actual max TPS on the mainnet.

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Neutral
cover-imageUToday
February 25, 2025

Binance's CZ Says He Did Not Sell Any Crypto

Changpeng Zhao, the former chief executive of cryptocurrency exchange behemoth Binance, has clarified that he did not sell any crypto during the devastating crash that took place earlier this Tuesday.

general-iconGeneral
Positive
cover-imageCryptoSlate
February 25, 2025

Crypto allure grows in smaller Indian cities amid economic challenges

Crypto trading in India is booming, particularly in smaller cities, as investors look for new opportunities amid slow job growth and tightening financial regulations, Reuters reported on Feb. 25, citing local industry participants. Trading volumes on the country's top four exchanges more than doubled last quarter, reaching $1.9 billion, according to data from CoinGecko.

general-iconGeneral
Negative
cover-imageBitcoin
February 25, 2025

Bybit Dangles $140M Bounty in High-Stakes Hunt for North Korea-Linked Crypto Bandits

Two days prior, the Bybit exploiter retained custody of 449,395.23 ethereum (ETH), yet within a 48-hour window, the actor relocated 71,862.63 ETH—valued at $173 million—across decentralized ledgers. Bybit Launches Lazarusbounty.com Amidst a climate of crypto volatility, the assailant has orchestrated a whirlwind of high-volume ether transactions. For instance, during the drafting of this analysis, 91.

general-iconGeneral
Positive
cover-imageCryptoSlate
February 25, 2025

Crypto market dip is a tactical retreat, not a trend reversal – Binance CEO

Binance CEO Richard Teng said the recent 8% decrease in crypto's total market cap represents a tactical retreat rather than a structural trend reversal. In a Feb. 25 social media post, Teng noted that historical data suggests that crypto markets, like traditional financial assets, react to macroeconomic shifts but demonstrate strong resilience over time.

general-iconGeneral
Positive
cover-imageUToday
February 25, 2025

Breaking: SEC Drops Yet Another Crypto Investigation

According to a Friday report by The Wall Street Journal, the U.S. Securities and Exchange Commission has dropped its investigation into Uniswap, the leading automated market maker (AMM).

general-iconGeneral
Positive
cover-imageInvezz
February 25, 2025

This altcoin priced under $0.20 is set to skyrocket your investments

Finding high-growth opportunities in the crypto market often means identifying promising projects before they take off. One altcoin that has been gaining traction among early investors is Mutuum Finance (MUTM), a decentralized lending protocol with real-world financial applications.

general-iconGeneral
Positive
cover-imageThe Currency Analytics
February 25, 2025

Hedge Fund Citadel to Venture into Crypto Trading

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.

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Neutral
cover-imageBenzinga
February 25, 2025

'I, Too, Have Not Checked My Email': Sam Bankman-Fried Resurfaces With Tweet Thread From Prison

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.

general-iconGeneral
Positive
cover-imageInvezz
February 25, 2025

Bybit resumes operations in India

Cryptocurrency exchange Bybit has restored services in the country, according to a February 25 announcement. The company in a statement said: As of Feb 25, all Bybit services, including the ability to open new trades and access all products, have been fully restored for existing users. Onboarding of new users will also gradually commence today.

general-iconGeneral
Positive
cover-imageInvezz
February 25, 2025

Early investors are rushing to secure this DeFi token before its price increases 23x

As the crypto market continues to evolve, investors are looking for early-stage projects with strong growth potential. Mutuum Finance (MUTM), a decentralized lending protocol, is quickly becoming a top choice, attracting a surge of early buyers. With its presale currently in Phase 2 at just $0.

general-iconGeneral
Positive
cover-imageBitcoin
February 25, 2025

Blackrock Under the Microscope: Financial Institution Shifts Millions in Crypto to Coinbase

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.

general-iconGeneral
Positive
cover-imageCryptopolitan
February 25, 2025

Indians turn to crypto en masse amid job market struggles

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.

general-iconGeneral
Positive
cover-imageInvezz
February 25, 2025

Experts predict that a small investment in this new DeFi token could yield 2000% returns

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.

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