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Tag: Bybit

Should THORChain's Handling of Bybit Hack Funds Divide the Financial Industry?
DeFi

Should THORChain’s Handling of Bybit Hack Funds Divide the Financial Industry?

THORChain, a decentralized finance (DeFi) protocol, recently found itself at the center of a controversy surrounding the processing of funds from the $1.4 billion Bybit hack. Despite having the ability to prevent the stolen ether from being transferred, THORChain processed almost 75% of the stolen funds, sparking a debate about the protocol’s adherence to cypherpunk […]

How a Bybit Hacker Successfully Laundered $1.4B in Cryptocurrency in Just 10 Days: Unveiling the Astonishing Financial Scheme
Altcoins & Tokens

How a Bybit Hacker Successfully Laundered $1.4B in Cryptocurrency in Just 10 Days: Unveiling the Astonishing Financial Scheme

In a shocking turn of events, a hacker managed to successfully launder a staggering $1.4 billion in cryptocurrency in just 10 days. This astonishing financial scheme carried out by the Bybit hacker has left experts astounded and raised concerns about the security of digital assets. The Bybit hacker’s ability to swiftly launder such a massive […]

  • trananhb1
  • March 4, 2025
  • 4 Comments
  • 19 Views
Bitcoin Dominates as Crypto ETPs Witness Unprecedented $2.9B Exodus: CoinShares Report
Bitcoin News & Updates

Bitcoin Dominates as Crypto ETPs Witness Unprecedented $2.9B Exodus: CoinShares Report

Crypto exchange-traded products (ETPs) experienced a significant sell-off last week, with investors withdrawing approximately $2.9 billion from these funds, according to a report by CoinShares. This marks the largest weekly outflow on record for ETPs. The recent wave of withdrawals extends a three-week streak of outflows, totaling $3.8 billion. Several factors are likely driving this […]

  • trananhb1
  • March 3, 2025
  • 2 Comments
  • 11 Views
"Unmasking the Bybit Hacker: How $605M ETH Was Laundered, Exposing the Shocking Reality of Stolen Funds"
Altcoins & Tokens

Unmasking the Bybit Hacker: How $605M ETH Was Laundered, Exposing the Shocking Reality of Stolen Funds

In February 2025, Bybit, a prominent cryptocurrency exchange based in Dubai, suffered a massive security breach resulting in the theft of approximately 400,000 Ethereum (ETH), valued at around $1.5 billion at the time. This incident stands as the largest cryptocurrency exchange hack to date. ​ Identifying the Perpetrators The U.S. Federal Bureau of Investigation (FBI) […]

  • trananhb1
  • February 28, 2025
  • 1 Comment
  • 18 Views
Pi Network: Debunking Bybit CEO's Scam Accusations and Unveiling the Truth
Mining & Staking

Pi Network: Debunking Bybit CEO’s Scam Accusations and Unveiling the Truth

Recent tensions between Bybit CEO Ben Zhou and Pi Network have sparked discussions about the legitimacy of the mobile-based cryptocurrency platform. The controversy began when an unaffiliated X (formerly Twitter) account, claiming to represent Pi Network’s technical team, alleged that Pi Network had declined a listing offer from Bybit, suggesting that the exchange was losing […]

  • trananhb1
  • February 28, 2025
  • 0 Comments
  • 14 Views

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