Blockchain News

Strategic Crypto Heist: Bybit Exploiter Bridges Massive 70,000 ETH to BTC via THORChain

In a stunning turn of events that has sent ripples across the cryptocurrency sphere, the exploiter behind the recent Bybit exchange breach has executed a sophisticated maneuver. Blockchain analytics firm MistTrack, a division of SlowMist, has revealed that a staggering 70,000 Ethereum (ETH), pilfered from Bybit, has been skillfully transferred to the Bitcoin (BTC) network. […]

Blockchain News

Shocking US Stablecoin Bill: Vance Spencer’s Urgent Warning on Dollar Hegemony

The crypto world is buzzing with reactions to the proposed U.S. stablecoin regulation bill, and one prominent voice has risen to the forefront with sharp criticism. Vance Spencer, the co-founder of Framework Ventures, a well-known crypto venture capital firm, has publicly condemned the bill, labeling a specific provision as “crazy” and potentially damaging to U.S. […]

Blockchain News

Swift Crypto Recovery: Bybit Resolves $99.98M ETH Debt to Bitget Post-Hack

In a compelling display of financial responsibility and swift action within the cryptocurrency space, Bybit, a prominent crypto exchange, has successfully repaid a substantial $99.98 million debt in Ether (ETH) to Bitget. This decisive move comes in the wake of a reported hacking incident, highlighting the inherent risks and the critical importance of robust security […]