Ethereum

Fully Backed Within 72 hours: Bybit Maintains 1:1 Customer Assets Ratio in Latest Proof of Reserves Audited Report by Hacken

February 25, 2025 4 mins read

 Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has completed a fresh round of audit on Feb. 23, 2025 conducted by leading cybersecurity firm Hacken. The independent third-party report is published after Bybit restored reserves levels to a 1:1 ratio for in-scope digital assets within 72 hours following a major incident on Friday, Feb. 21. A full audit of all relevant wallets containing 40 asset types, by way of proof of liabilities and ownership, verified

Bybit Releases API of Suspicious Wallet on “Black List” as Part of Recovery Bounty Program

February 24, 2025 4 mins read

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced a new API updating a black list of suspicious wallet addresses identified so far. The API will allow ethical security experts to race against time to streamline and expedite their efforts in recovering the compromised funds. The current list of addresses is the result of the tireless work of some of the best white hats and investigators the industry has to

Bybit sees a $4B liquidity influx and processes 350,000+ withdrawal requests

February 23, 2025 1 min read

Bybit experienced a significant event after a hack that resulted in the theft of $1.5 billion in crypto assets. In just 12 hours following the hack, Bybit saw an influx of $4 billion. This included 63,168 ETH, $3.15 billion in USDT, $173 million in USDC, and $525 million in CUSD. The exchange faced a historic surge in withdrawal requests. Many users were concerned about the possibility of insolvency due to

Lazarus Group is behind Bybit’s $1.5 billion hack on Friday

February 22, 2025 1 min read

Arkham Intelligence, a blockchain analytics firm, reported that North Korea’s Lazarus Group was responsible for the recent $1.46 billion hack of the cryptocurrency exchange Bybit. The firm initially offered a reward of 50,000 ARKM tokens for information about the attackers. Later, on-chain investigator ZachXBT provided strong evidence linking the hack to Lazarus Group. His analysis included detailed transaction data and wallet connections related to the attack. This hack is considered

Vitalik Buterin supports Argentina’s crypto community after the LIBRA scandal

February 21, 2025 1 min read

Vitalik Buterin strongly supports Argentina’s crypto community. He proposed that Argentina host Devconnect following the LIBRA scandal. President Javier Milei welcomed the idea, saying it was an honor for the country. Buterin’s stance on the LIBRA controversy remains unclear. Buterin praised Argentina’s crypto growth. He thinks it demonstrates how digital assets can offer true economic freedom. He is still hopeful about the country’s progress in blockchain and crypto, despite the

Over $2 billion in Bitcoin and Ethereum options set to expire

February 21, 2025 1 min read

Over $2.04 billion in Bitcoin and Ethereum options are about to expire in the crypto market. This situation raises worries about more market ups and downs. Bitcoin has key resistance levels, and Ethereum is having trouble staying stable. This uncertainty makes traders unsure about the short-term direction of cryptocurrencies. Bitcoin options contracts are worth more than $1.6 billion. Analysts see a put-to-call ratio under 1 for Bitcoin and Ethereum. This

TeddyPuff Token ($TDP) Successfully Completes Security Audit

February 21, 2025 3 mins read

TeddyPuff Token ($TDP) is proud to announce the successful completion of its comprehensive security audit conducted by SCRL, a respected blockchain security firm. This milestone reinforces TeddyPuff’s dedication to security, transparency, and long-term sustainability in the evolving meme coin space. Ensuring Security and Trust Through a Rigorous Audit For full details on the audit findings, users can access the official report here: TeddyPuff Audit Report. The audit, conducted by SCRL, involved an in-depth examination of

The Best Crypto to Buy Under $1 in 2025? Analyst Picks This Hidden Gem

February 20, 2025 5 mins read

In the dynamic world of crypto, finding the best crypto to buy under $1 is a quest that many investors pursue. With market volatility and unpredictable trends, a hidden gem can transform a modest investment into life-changing returns.  Recent analyst reports suggest that RCO Finance (RCOF) is emerging as the best crypto for 2025 gains. Priced at just $0.10 and backed by over $13 million in presale funding, RCO Finance

A crypto user burns $1.65M in ETH, donates $5.35M

February 19, 2025 1 min read

Hu Lezhi, a crypto user, has gained attention for burning $1.65 million in Ethereum and donating $5.35 million. His actions involved unsettling messages about mind control and suicidal thoughts, causing worry in the crypto community. A meme coin has been created to capitalize on the event’s fame. An anonymous Ethereum user, Hu Lezhi, burned 500 ETH, worth around $1.65 million. He accused his employer, Kuande Investment, of using brain-computer technology

Xross Road Announces Strategic Partnership with Allora Network to Expand Japanese IP in Web3

February 18, 2025 3 mins read

Community-driven IP platform “Xross Road” and advanced AI technology provider “Allora Network” have formed a strategic partnership to accelerate business growth and success in the IP industry. Through this collaboration, the two companies will jointly develop next-generation AI x IP solutions leveraging AI technology to create a new dynamic between IP rights holders and the community. Background and Purpose of the Partnership While the IP (Intellectual Property) industry is rapidly

HTX Highlights Platform Metrics and Industry Recognition for January 2025

February 17, 2025 5 mins read

HTX started 2025 with a strong performance, driven by the broader crypto market’s recovery and renewed investor confidence. The exchange achieved significant growth in user base, asset performance, and product innovation, solidifying its position as a leading global cryptocurrency platform. Record User Growth and Industry Recognition January witnessed fast growth for HTX, surpassing 50 million total registered users and achieving 105% MoM growth, setting a new company record. Aligning with its

Indian officials seize $190M in assets amid BitConnect Ponzi scheme

February 17, 2025 1 min read

Indian officials have seized around $190 million, or approximately Rs 1,646 crore, during an investigation into the BitConnect cryptocurrency fraud. This investigation is led by the Enforcement Directorate (ED) in Ahmedabad. It is part of a broader inquiry into a global Ponzi scheme that collapsed in 2018. The ED announced that it began its investigation under the Prevention of Money-Laundering Act (PMLA). This inquiry is based on FIRs filed by