In February, North Korean hackers broke headlines with what is now regarded as the largest single hack in crypto history. The Lazarus Group stole at least $1.4 billion from Bybit and later funneled those funds to crypto mixers. “Someone had pulled off the biggest hack in [crypto] history, and we had a front-row seat,” Samczsun, Research Partner at Paradigm, recalled…
A research-heavy French investment firm has published a quantitative paper explaining the reasons Strategy stock outperforms bitcoin. French Asset Manager Tobam: Three Reasons Strategy Outperforms Bitcoin Paris-based asset manager Tobam has researched exactly why Michael Saylor’s Strategy (MSTR) has continued to outperform bitcoin ( BTC), the very asset responsible for boosting its stock price. The […] Source: https://news.bitcoin.com/how-strategy-crushed-bitcoin-returns-tobams-breakdown/
The hacker behind the $9.6 million exploit of the decentralized money-lending protocol zkLend in February claims they’ve just fallen victim to a phishing website impersonating Tornado Cash, resulting in the loss of a significant portion of the stolen funds. In a message sent to zkLend through Etherscan on March 31, the hacker claimed to have lost 2,930 Ether (ETH) from…
The founder of the recently hacked decentralized finance protocol SIR.trading has made an emotional plea to the attacker, asking them to return around 70% of the stolen customer funds otherwise, the protocol will not survive. “Here is my proposal, keep $100k as a fair share for your critical bug find, and return the remaining,” SIR.trading’s pseudonymous founder “Xatarrer” wrote in…
Coinbase CEO Brian Armstrong has called on U.S. lawmakers to ensure that stablecoin legislation allows consumers to earn interest, arguing that U.S. policy shouldn’t protect banks at the expense of innovation or the public. Armstrong said pending legislation should let crypto firms offer “onchain interest” to stablecoin holders, a feature that would allow digital dollars to function like interest-bearing checking…
A new semi-permissionless privacy tool, Privacy Pools, has launched on Ethereum, allowing users to transact privately while proving their funds aren’t linked to illicit activities. The privacy tool, launched by Ethereum builders 0xbow.io on March 31, earned support from the likes of Ethereum co-founder Vitalik Buterin, who not only backed the privacy project but made one of the first deposits…
Japan’s publicly listed bitcoin treasury company, Metaplanet Inc., is doubling down, issuing $13.3 million in zero-interest bonds to aggressively expand its bitcoin holdings. Japan’s Metaplanet Gears Up for Bitcoin Accumulation Japan’s publicly listed bitcoin treasury company, Metaplanet Inc. (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF), announced on March 31 its intention to further invest in […] Source: https://news.bitcoin.com/japans-metaplanet-fires-off-13m-bond-round-to-accelerate-bitcoin-reserves/
Coinbase CEO Brian Armstrong is calling for legislative changes in the US to allow stablecoin holders to earn “onchain interest” on their holdings. In a March 31 post on X, Armstrong argued that crypto companies should be treated similarly to banks and be “allowed to, and incentivized to, share interest with consumers.” He added that allowing onchain interest would be…
Elon Musk clarified that the Department of Government Efficiency (DOGE) has no plans to integrate Dogecoin into its operations for transparency, despite his personal support for the meme crypto. Dogecoin vs DOGE: Elon Musk Draws the Line Elon Musk discussed the potential role of dogecoin in government during a March 30 town hall event in […] Source: https://news.bitcoin.com/elon-musk-clarifies-no-plans-for-the-government-to-use-dogecoin/
A new semi-permissionless privacy tool, Privacy Pools, has launched on Ethereum, allowing users to transact privately while proving their funds aren’t linked to illicit activities. The privacy tool, launched by Ethereum builders 0xbow.io on March 31, earned support from the likes of Ethereum co-founder Vitalik Buterin, who not only backed the privacy project but made one of the first deposits…
