The $1.4 billion hack against Bybit wasn’t just the largest exploit in crypto history — it was a major test of the industry’s crisis management capabilities, highlighting its maturation since the collapse of FTX. On Feb. 21, North Korea’s Lazarus Group made off with $1.4 billion in Ether (ETH) and related tokens in a breach that initially sent chills throughout…
Month: March 2025
Trump’s crypto reserve plan faces Congress vote, may limit rally
Cryptocurrency markets surged following US President Donald Trump’s announcement of a potential strategic crypto reserve, but analysts cautioned that the rally may be short-lived. On March 2, Trump said his Working Group on Digital Assets had been directed to include three altcoins — XRP (XRP), Solana (SOL) and Cardano’s ADA (ADA) — in the US crypto reserve, Cointelegraph reported. The…
How Bybit’s lost Ethereum went through North Korea’s washing machine
The $1.4 billion hack against Bybit wasn’t just the largest exploit in crypto history — it was a major test of the industry’s crisis management capabilities, highlighting its maturation since the collapse of FTX. On Feb. 21, North Korea’s Lazarus Group made off with $1.4 billion in Ether (ETH) and related tokens in a breach that initially sent chills throughout…
Bitcoin returns under $90K as crypto market liquidates $150M in hours
Bitcoin (BTC) sold off at the Mar. 3 Wall Street open as US trade tariffs kept risk-asset traders on their toes. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin braces for Trump “investment announcement” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping below $90,000, shedding up to 5% on the day. Initial excitement over the prospect of a US strategic…
SEC Dismisses Legal Case Against Kraken, Exchange Confirms
The U.S. Securities and Exchange Commission (SEC) has dropped its lawsuit against cryptocurrency exchange Kraken, the company confirmed Monday, ending a high-profile regulatory battle over allegations of operating as an unregistered securities platform. Kraken Confirms Closure of SEC Enforcement Action The SEC’s dismissal of the case, revealed on Monday, marks a significant development in the […] Source: https://news.bitcoin.com/sec-dismisses-legal-case-against-kraken-exchange-confirms/
How Bybit’s lost Ethereum went through North Korea’s washing machine
The $1.4 billion hack against Bybit wasn’t just the largest exploit in crypto history — it was a major test of the industry’s crisis management capabilities, highlighting its maturation since the collapse of FTX. On Feb. 21, North Korea’s Lazarus Group made off with $1.4 billion in Ether (ETH) and related tokens in a breach that initially sent chills throughout…
Trump’s crypto reserve plan faces Congress vote, may limit rally
Cryptocurrency markets surged following US President Donald Trump’s announcement of a potential strategic crypto reserve, but analysts cautioned that the rally may be short-lived. On March 2, Trump said his Working Group on Digital Assets had been directed to include three altcoins — XRP (XRP), Solana (SOL) and Cardano’s ADA (ADA) — in the US crypto reserve, Cointelegraph reported. The…
How Bybit’s lost Ethereum went through North Korea’s washing machine
The $1.4 billion hack against Bybit wasn’t just the largest exploit in crypto history — it was a major test of the industry’s crisis management capabilities, highlighting its maturation since the collapse of FTX. On Feb. 21, North Korea’s Lazarus Group made off with $1.4 billion in Ether (ETH) and related tokens in a breach that initially sent chills throughout…
How Bybit’s lost Ethereum went through North Korea’s washing machine
The $1.4 billion hack against Bybit wasn’t just the largest exploit in crypto history — it was a major test of the industry’s crisis management capabilities, highlighting its maturation since the collapse of FTX. On Feb. 21, North Korea’s Lazarus Group made off with $1.4 billion in Ether (ETH) and related tokens in a breach that initially sent chills throughout…
SEC drops lawsuit against Kraken, ending ‘politically motivated campaign’
The US Securities and Exchange Commission has agreed to drop its lawsuit against Kraken, the cryptocurrency exchange revealed on March 3. The move ends what the exchange calls a “wasteful, politically motivated campaign” and “clears the path toward a stable, forward-thinking regulatory regime.” According to Kraken, the lawsuit is being dismissed with prejudice, with no admission of wrongdoing, no penalties…