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In mid-2022, the crypto markets faced a brutal reckoning. Over $2 trillion in market capitalization evaporated in a matter of months. The collapse of Terra, followed by cascading failures like Celsius, Voyager, and Three Arrows Capital, exposed a fragile foundation beneath much of the so-called dece…
Bybit, the cryptocurrency exchange hacked last Friday, withstood an outflow of over $6.1 billion over the weekend. However, the exchange’s CEO announced that the platform replaced the $1.4 billion worth of Ether stolen in the attack.According to DeFiLlama, the total amount of customers’ assets held …
Bybit has regained half of its Ether (ETH) reserves following a $1.4 billion cryptocurrency hack that sent shockwaves through the global Web3 industry.On Feb. 21, Bybit exchange was hacked for over $1.4 billion worth of liquid-staked Ether (STETH), Mantle Staked ETH (mETH) and other ERC-20 tokens, r…
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 $1.4 billion in assets. Bybit’s assets have fallen by more than $5 billion since the Feb. 21 hack, but independent audits have con…
[PRESS RELEASE – Willemstad, Curacao, August 10th, 2024] Online poker site CoinPoker has released a proof of reserves (PoR) report showing that user deposits are covered 1:1 in cold wallets, visible o
A leading crypto firm is making use of the leading blockchain oracle service in an effort to increase transparency. According to a new announcement from 21Shares, the firm’s Ethereum (ETH) exchange-tr