Bybit CEO Ben Zhou said that 20% of the stolen $1.4 billion worth of crypto has "gone dark," while 77% remains traceable, and 3% has been frozen.On Feb. 21, Bybit suffered the largest-ever hack on a centralized crypto exchange, attributed to a target

Over 77% of the funds stolen in a record hack on crypto exchange Bybit remain traceable, while 20% have "gone dark" and are untraceable, CEO Ben Zhou said in an update on X early Tuesday.“This and the coming week is critical for fund freezing as the

THORChain, a decentralized protocol enabling users to swap cryptocurrencies across various blockchains, has seen what can be described as an unwanted windfall after the Bybit hack.The protocol processed $4.66 billion in swaps in the week ended March

Bybit CEO Ben Zhou confirmed that $280 million of the $1.4 billion stolen from the exchange has been laundered and is no longer traceable. Still, about $1.07 billion remains trackable, allowing investigators to continue their efforts to recover the f

Stolen funds from last month’s Phemex exploit are on the move, according to blockchain data. On Feb. 19, the hacker — or, more likely, group of hackers — have begun splitting up some of their ill-gotten gains into new addresses and transferring token

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.I hope you had a good weekend, folks—well, outside of the crypto markets anyway—as the Trump tariff-fueled sell-off over the past few days

Crypto analysts are predicting a year of significant financial gains for Solana, which is poised to see more adoption from new retail investors, partly driven by expectations of a spot Solana exchange-traded fund (ETF) in the US.The artificial intell