In the fast-evolving world of decentralized finance (DeFi), security is paramount. Recent events, like the Bybit hack, serve as stark reminders of the constant threats lurking in the crypto space. Chainflip, a leading cross-chain automated market maker (AMM), is taking decisive action to bolster its defenses. Following the detection of illicit fund flows stemming from […]
The cryptocurrency world is once again facing turbulent times as Infini, a stablecoin neobank, grapples with the aftermath of a significant security breach. A recent hack resulted in the loss of nearly $50 million, sending shockwaves through the crypto community. But amidst the uncertainty, Infini’s founder, Christian, has stepped forward with a bold promise: to […]
Is Bitcoin proving to be the ultimate comeback kid? Even with news of the Bybit hack sending ripples through the crypto community, Bitcoin (Bitcoin price) is showing remarkable strength, holding its ground firmly at the $92,000 mark. Crypto analysts are watching closely, and it seems this level is more than just a number – it’s […]
Hold onto your crypto wallets! News just broke that Infini neobank is reportedly grappling with a massive security breach. In a shocking turn of events, blockchain security firm CertiK has flagged an abnormal outflow of funds amounting to a staggering $49.5 million. The crypto world is buzzing with questions: What exactly happened at Infini neobank? […]
Hold onto your hats, crypto enthusiasts! A whirlwind of activity has been detected in the Ethereum realm following the recent Bybit security incident. While headlines screamed about a hacker dumping a massive amount of ETH, a fascinating counter-narrative is unfolding. Let’s dive deep into how market makers stepped in to absorb the shockwaves of the […]
In a stunning display of rapid response and collaboration within the crypto sphere, leading cryptocurrency exchange Bybit has announced the successful freezing of $42.89 million in stolen assets. This remarkable feat, achieved in under 24 hours, comes on the heels of a recent $1.5 billion hack impacting the platform. But how did Bybit manage to […]
Hold onto your hats, crypto enthusiasts! The digital asset world is reeling from a colossal security breach. Bybit, a major cryptocurrency exchange, has reportedly suffered a staggering $1.46 billion Ethereum hack. Yes, you read that right – billion with a ‘B’. And now, the plot thickens as blockchain sleuths trace the stolen funds, pointing fingers […]
In a jaw-dropping development that has sent ripples through the cryptocurrency world, details surrounding the recent $1.46 billion Ethereum (ETH) hack at Bybit are beginning to surface. SlowMist, a leading blockchain security firm, has stepped into the spotlight, with its Chief Information Security Officer (CISO) offering a potentially game-changing insight into the mechanics of this […]
In the fast-paced world of cryptocurrency, where fortunes can be made and lost in the blink of an eye, security is paramount. When news of a potential hack targeting a major crypto exchange breaks, the community holds its breath. Recently, Bybit, a prominent player in the crypto exchange arena, faced such a challenge. But what […]
In a welcome relief for Bybit users and the wider crypto community, CEO Ben Zhou has declared the complete restoration of the exchange’s withdrawal system. This announcement, delivered via X, marks the end of a tense 12-hour period following a significant security incident. But what exactly happened, and what steps are Bybit taking to ensure […]
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