Blockchain.com deepens onchain stock offerings as tokenized equities market grows
The rollout in collaboration with Ondo Finance broadens access to tokenized traditional assets as demand for onchain stocks and ETFs continues to grow. Go to Source
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Bybit lands on Singapore MAS Investor Alert List
Crypto exchange Bybit has been added to Singapore’s MAS Investor Alert List, which flags entities that may be mistakenly perceived as licensed or regulated. Go to Source
Bybit Debuts Hybrid Exchange Byreal on Solana, Targets Q3 Mainnet Launch
Bybit is betting big on hybrid finance with Byreal, its new Solana-powered decentralized exchange (DEX) merging Wall Street-grade liquidity with DeFi’s trustless trading—set to shake up crypto this summer. Bybit Incubates Solana DEX Byreal, Testnet Starts June 30 Ahead of Q3 Mainnet Cryptocurrency exchange Bybit has unveiled Byreal, its first Solana-based decentralized exchange (DEX), with … Read more
Hacker Who Stole 2,930 ETH From zkLend Loses It All in Phishing Scheme, Admits Defeat
In a strange occurrence, a hacker was able to capture 2,930 ETH (worth about $5.5 million at the time) from zkLend but has now lost all that money due to falling for a phishing website. The hacker, who was trying to be a “good actor” and not too different from a law enforcement agency that … Read more
Bybit CEO Provides Executive Summary on Hacked Funds, Emphasizes Need for Help with Mixer Transactions
The CEO of Bybit recently delivered a detailed executive summary about tracking down the hacked funds. The amount stolen is around $1.4 billion—not much for a country but for a hacker, it’s a significant enough amount to make him keep trying to steal. The major part of the stolen asset is still visible and traceable. … Read more
Ethena Faces Market Shift Amid Bybit Theft, But Secures $100M Funding for Future Growth
Ethena, a rapidly growing venture in decentralized finance (DeFi) that is known for its USDe stablecoin, has recently been weathering a storm. The theft of funds from the Bybit exchange has caused Ethena’s share of USDe derivative hedging positions on the platform to plummet. At present, Ethena has a mere 14% of its USDe positions … Read more
BYBIT HACK UPDATE: $280 Million Laundered and Untraceable, But $1.07 Billion Remains Trackable
The Bybit hack from February 2024 has left the crypto exchange with some serious problems to deal with. And in an update that must have surely left a bitter taste for the exchange’s employees and investors, Bybit’s CEO Ben Zhou confirmed that the hackers have successfully laundered around $280 million of the $1.4 billion they … Read more
Bybit Repaid $100M Loan to Bitget After 3 Days, While Hacker Launders Stolen $250M in ETH
Bybit has returned a $100 million loan, equal to 40,000 Ethereum (ETH), to Bitget after just three days—the cryptocurrency community was not expecting this! The loan was extended to Bybit when it was going through a tough time, and this rapid return of funds shows that Bybit is back and on the way to recovery. … Read more
Bybit Hack Update: Recovery Efforts in Full Swing as Funds Are Frozen and Lost ETH Covered
Following a recent security breach, Bybit, one of the top cryptocurrency exchanges, has provided an official update regarding the hack that saw a significant amount of Ether (ETH) taken from its platform. The exchange’s CEO, Ben Zhou, has confirmed that all Ether losses have been covered and that funds taken by the hacker are in … Read more
Bybit Introduces bbSOL with Lucrative Mining and Staking Rewards
Bybit, a leading cryptocurrency exchange, has expanded its product offerings with bbSOL, a SOL liquidity staking token that promises higher rewards for participants. The platform has dedicated substantial resources to promoting bbSOL, opening multiple Launchpools to facilitate mining and providing options for investors to optimize returns. This innovative product is modeled after Ethereum’s stETH, allowing … Read more