Onchain evidence following the $1.4 billion Bybit hack has linked North Korea’s Lazarus Group to the Phemex hack in January, according to ZachXBT. Source: https://cointelegraph.com/news/lazarus-group-consolidates-bybit-phemex-hacker-wallet?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author: Crypto Superhero
Is Bitcoin a good investment for retirement?
Find out the potential advantages and risks of incorporating Bitcoin into your retirement portfolio and whether it’s a viable long-term investment option in 2025. Source: https://cointelegraph.com/explained/is-bitcoin-a-good-investment-for-retirement?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Safemoon’s Former CTO Pleads Guilty to Fraud
The guilty plea is the latest development in one of crypto’s most scandalous fraud schemes that left an $8 billion project bankrupt. Former Executive of Defunct Crypto Firm Safemoon Enters Guilty Plea Thomas “Papa” Smith used to be the chief technology officer at Safemoon, an $8 billion decentralized finance (DeFi) project that went bankrupt in […] Source: https://news.bitcoin.com/safemoons-former-cto-pleads-guilty-to-fraud/
Bybit exploit exposes security flaws in centralized crypto exchanges
The $1.4 billion hack was caused by similar attack vectors as the $230 million WazirX hack and the $58 million Radiant Capital hack, according to Cyvers. Source: https://cointelegraph.com/news/bybit-hack-centralized-exchange-security-flaws?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin and Ether ETFs Debut on ASX as Betashares Partners With Bitwise
The launch of bitcoin and ether ETFs on the Australian Securities Exchange (ASX) by Betashares provides Australian investors with a regulated and accessible way to gain exposure to digital assets. Betashares Expands Crypto Offerings With Bitcoin and Ethereum ETFs in Australia Betashares has officially launched its bitcoin and ether ETFs on the Australian Securities Exchange […] Source: https://news.bitcoin.com/bitcoin-and-ether-etfs-debut-on-asx-as-betashares-partners-with-bitwise/
Bybit processes all withdrawals, system returns to ‘normal pace’ — Ben Zhou
Bybit CEO Ben Zhou said that withdrawals have returned to a “normal pace” after the major exploit that drained $1.5 billion from the exchange. Source: https://cointelegraph.com/news/crypto-exchange-bybit-withdrawals-processed-after-hack-ben-zhou?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Strike Launches Callback Phone Support
Bitcoin payments firm Strike now offers callback phone support to its verified U.S. customers. “We know that sometimes a phone conversation is the most effective way to get the help you need,” the company said when it officially announced the service on Thursday, also calling it “the best support experience in bitcoin.” Phone support is […] Source: https://news.bitcoin.com/strike-launches-callback-phone-support/
Bybit Payroll Heist: Nearly 10 Years in Prison for $5.7M Crypto Theft
A Bybit payroll fraud scheme funneled $5.7 million into a worker’s personal wallets, funding luxury splurges before authorities uncovered the deception and issued a prison sentence. Bybit Crypto Payroll Fraud Leads to Prison Sentence A former payroll employee has been sentenced to nine years and 11 months in jail for orchestrating a $5.7 million fraud […] Source: https://news.bitcoin.com/bybit-payroll-heist-nearly-10-years-in-prison-for-5-7m-crypto-theft/
ECB Expands Digital Asset Settlement—A Major Shift in European Finance
The European Central Bank is advancing its digital asset settlement strategy, aiming to streamline transactions, enhance security, and strengthen financial stability across European markets. Digital Asset Settlement Transformed as ECB Embraces DLT Solutions The European Central Bank (ECB) announced on Feb. 20 an expansion of its initiative to facilitate the settlement of distributed ledger technology […] Source: https://news.bitcoin.com/ecb-expands-digital-asset-settlement-a-major-shift-in-european-finance/
Blockchain gaming market is a ‘game of musical chairs’ — Gunzilla exec
Gunzilla Games Web3 director says the biggest problem in blockchain gaming is the lack of “new money coming into the system.” Source: https://cointelegraph.com/news/blockchain-gaming-capital-rotation-musical-chairs-gunzilla-games-interview?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound