In a surprising turn of events in the ever-volatile crypto world, Changpeng Zhao (CZ), the influential founder and former CEO of Binance, has publicly advised Bybit’s CEO to take a significant security precaution. This advice, delivered via a post on X (formerly Twitter), centers around a suggested temporary suspension of withdrawals on the Bybit crypto […]
Get ready for a pivotal moment in the cryptocurrency world! The U.S. digital assets sub-committee, spearheaded by Senator Cynthia Lummis, is set to convene a highly anticipated hearing on February 26th. This isn’t just another meeting; it’s a crucial step towards establishing bipartisan crypto legislation in the United States. Reported by Fox Business’ Eleanor Terrett […]
In the fast-paced world of cryptocurrency, trust is paramount. Recent news of a hack targeting Bybit, a leading crypto exchange, sent ripples of concern through the community. Users naturally questioned the platform’s stability and the safety of their assets. However, Bybit CEO Ben Zhou swiftly stepped forward to address these concerns head-on, issuing a powerful […]
Hold onto your crypto wallets! News just broke about a significant security breach at cryptocurrency exchange Bybit. While Bybit has confirmed a cold wallet incident, blockchain sleuths at Arkham Intelligence are providing real-time insights into the unfolding situation. They’ve pinpointed that a staggering 10,000 ETH, pilfered from Bybit, is being actively transferred by the hacker. […]
In the ever-evolving world of cryptocurrency exchanges, transparency and asset security are paramount. Recent data from DeFiLlama has unveiled a fascinating glimpse into the holdings of one of the leading platforms, Bybit. The numbers are impressive, painting a picture of a crypto giant with significant reserves. But what exactly does this mean for Bybit users […]
In a whirlwind of cryptocurrency news, leading exchange Bybit has addressed concerns regarding the security of its cold wallets. Following the CEO’s acknowledgment of a security incident affecting one of their cold wallets, Bybit swiftly reassured its user base via X (formerly Twitter). The core message? All other cold wallets remain fully secure, and crucially, […]
Hold onto your hats, crypto enthusiasts! The ever-watchful eye of Whale Alert has spotted a colossal movement in the digital ocean. A staggering 560,000,000 USDT, valued at approximately $561 million, has just been transferred from an unknown wallet directly to the popular cryptocurrency exchange, Bybit. This massive USDT transfer has the crypto community buzzing – […]
In a startling development for the cryptocurrency world, Bybit, a leading crypto exchange, has confirmed a security breach affecting its ETH cold wallet. CEO Ben Zhou took to X to break the news, revealing that a sophisticated attack targeted their multisig cold wallet. But before panic sets in, here’s what you need to know about […]
Hold onto your hats, crypto traders! The market just witnessed a seismic event. In the blink of an eye – just one hour – a staggering $100 million worth of futures contracts were liquidated across major cryptocurrency exchanges. If you’re in the crypto space, especially trading futures, this is a red alert you can’t ignore. […]
Is your cryptocurrency exchange truly secure? Recent news from blockchain security expert ZachXBT has sent ripples through the crypto community. A colossal outflow of $1.46 billion from Bybit has been flagged as suspicious, raising eyebrows and sparking urgent discussions about crypto security and exchange vulnerabilities. Let’s dive into what we know so far and what […]
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