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Payments Card Issuer Infini Offers Reward for Return of Funds After $49 Million Exploit

Payments Card Issuer Infini Offers Reward for Return of Funds After $49 Million Exploit

Infini, a prepaid payments card issuer that offers interest on deposited dollar stablecoins, warned a hacker it had ā€œgathered critical IP and device informationā€ after losing almost all the value locked in its wallets.The attacker drained $49.5 million from the Hong Kong-based neobank's wallets, acc…

Payments Card Issuer Infini Offers Reward for Return of Funds After $49 Million Exploit

Payments Card Issuer Infini Offers Reward for Return of Funds After $49 Million Exploit

Infini, a prepaid payments card issuer that offers interest on deposited dollar stablecoins, warned a hacker it had ā€œgathered critical IP and device informationā€ after losing almost all the value locked in its wallets.The attacker drained $49.5 million from the Hong Kong-based neobank's wallets, acc…

 Bybit hack, withdrawals top $5.3B, but ā€˜reserves exceed liabilities’ — Hacken

Bybit hack, withdrawals top $5.3B, but ā€˜reserves exceed liabilities’ — Hacken

Update Feb. 22, 1:45 pm UTC: This article has been updated to include a statement from Bybit CEO Ben Zhou.Cryptocurrency exchange Bybit has maintained reserves exceeding its liabilities despite suffering a $1.4 billion hack and an overall $5.3 billion decline in total assets, according to DefiLlama …

Bybit CEO Confirms Exchange Was Hacked for $1.46B, Hitting Crypto Prices

Bybit CEO Confirms Exchange Was Hacked for $1.46B, Hitting Crypto Prices

Cryptocurrency exchange Bybit has experienced $1.46 billion worth of "suspicious outflows," according to blockchain sleuth ZachXBT.The wallet in question appears to have sent 401,346 ETH ($1.1 billion) as well as several other iterations of staked ether (stETH) to a fresh wallet, which is now liquid…

Bybit Reports Security Breach as Hackers Drain $1.4 Billion in ETH and mETH

Bybit Reports Security Breach as Hackers Drain $1.4 Billion in ETH and mETH

Cryptocurrency exchange Bybit has reportedly lost over $1.4 billion in liquid-staked Ether (ETH) and MegaETH (mETH) due to a security breach. The incident was flagged by onchain security analyst ZackXBT, who urged users to blacklist addresses linked to the stolen funds, Cointelegraph reported.Bybit …

Metaplanet Now Holds 2,100 Bitcoin, Purchases 68 More BTC

Metaplanet Now Holds 2,100 Bitcoin, Purchases 68 More BTC

Metaplanet (3350) has now accumulated 2,100 bitcoin , now holding 0.01% of the total BTC supply that will ever be mined, which is 21 million BTC. Metaplanet purchased 68.59 BTC for $6.6 million at an average purchase price of $96,335 per bitcoin.According to Dylan Le Clair, Metaplanet has raised $20…

Cardano Transaction Fees Jump 254% QoQ as ADA Price and Activity Soar

Cardano Transaction Fees Jump 254% QoQ as ADA Price and Activity Soar

Cardano (ADA) saw its price surge by 126% in Q4 2024, while its market capitalization grew to $30.3 billion. This price jump triggered ADA’s circulating market cap rank from 11th to 9th.The increases in both price and market cap aligned with the US election in November and the broader rally of crypt…

Fed’s Hawkish Rhetoric and CPI Data Drive First Crypto Outflows of 2025

Fed’s Hawkish Rhetoric and CPI Data Drive First Crypto Outflows of 2025

Crypto outflows totaled $415 million last week, marking a sharp reversal from a streak of net positive flows since the beginning of the year.This downturn is largely attributed to Federal Reserve Chair Jerome Powell’s recent hawkish remarks and higher-than-expected US inflation data.Bitcoin Succumbs…

Here’s what happened in crypto today

Here’s what happened in crypto today

Today in crypto, a prominent Bitcoin analyst claimed he moved all his Bitcoin into spot Bitcoin ETFs, scammer impersonates Bermuda premier and promotes fake token, and a cryptocurrency endorsed by Argentine President Javier Milei turned into a financial catastrophe after insiders staged a rug pull.B…

Indian authorities seize $190M in crypto tied to BitConnect Ponzi scheme

Indian authorities seize $190M in crypto tied to BitConnect Ponzi scheme

Indian authorities have seized nearly $190 million in crypto associated with Bitconnect amid an ongoing investigation into the global Ponzi scheme, which collapsed in 2018.ā€œThe Enforcement Directorate (ED), Ahmedabad, has seized cryptocurrency worth Rs 1,646 crore during its investigation into BitCo…

Bitcoin ETFs maintain market lead as Ethereum ETFs see surge in institutional adoption, 13F filings show

Bitcoin ETFs maintain market lead as Ethereum ETFs see surge in institutional adoption, 13F filings show

Bitcoin ETFs continued to gain market share in the fourth quarter, while Ethereum ETFs took a significant jump among institutions, according to the latest 13F filings.Every quarter, institutional investment managers with at least $100 million in equity assets under management file 13F reports with t…

Bitcoin Short-Term Holders Now Possess Over 4M BTC, Shows Cycle Has More Room to Run: Van Straten

Bitcoin Short-Term Holders Now Possess Over 4M BTC, Shows Cycle Has More Room to Run: Van Straten

Short-term bitcoin holders (STHs) have added 1.5 million bitcoin since September taking the total to over 4 million bitcoin, according to Glassnode. This equates to an average accumulation of approximately 300,000 BTC per month. During this period, bitcoin surged from $60,000 to $109,000 before pu…