The price of the world’s second-largest cryptocurrency, ether (ETH), has risen by more than 2.3% in the last 24 hours, while the broader CoinDesk 20 Index has risen by just 0.76% during the same period. Bitcoin is down around 0.3%. The rise
The U.S. Securities and Exchange Commission (SEC) is closing its investigation into major non-fungible token marketplace OpenSea, the platform’s founder and CEO Devin Finzer said on social media. The regulator issued a Wells notice against OpenSea in August 2024, indicating it was
The Bybit hacker, supposedly a North Korean entity, is now one of the world’s largest ether holders, which may have bullish implications for the cryptocurrency’s spot price. According to data from Arkham Intelligence and Coinbase executive Connor Grogan, this malicious actor holds
Crypto exchange Bitget has transferred 40,000 ether (ETH), worth $105 million, to Bybit, offering crucial support to its industry counterpart in the wake of the over billion-dollar hack suffered by the exchange. The funds transferred are from Bitget’s own reserves, not user
Arthur Hayes, BitMEX co-founder and major ether (ETH) holder, asked Ethereum co-founder Vitalik Buterin to rollback the network in order to assist hacked exchange Bybit, which lost nearly $1.4 billion in ether (ETH) on Friday. “@VitalikButerin will you advocate to roll back
Bybit CEO Ben Zhou said Thursday that his exchange will not list the Pi Network’s PI token, which was controversially released on Thursday, citing a Chinese police warning from 2023 that alleged the project was a scam targeting elderly people, leaking their
Blockchain analytics firm Arkham Intelligence said North Korea’s Lazarus Group was behind Bybit’s $1.46 billion hack. In an earlier post on social media platform X, Arkham offered a bounty of 50,000 ARKM tokens for anyone who could identify the attackers for Friday’s
Only a handful of hours ago crypto markets were buoyed as the Securities and Exchange Commission signaled its intent its dismiss a lawsuit against Coinbase (COIN). The welcome regulatory news sparked 5% gains for COIN and the likes of increasingly important crypto
The U.S. Marshals Service (USMS) is tasked with managing assets seized by law enforcement in the course of criminal investigations, like real estate, cash, jewelry, antiques or vehicles. It is also supposed to be handling cryptocurrencies — for example, the billions of
Binance founder Changpeng Zhao (CZ) has recommended that Bybit should halt withdrawals as a security precaution following Friday’s $1.5 billion hack. “Not an easy situation to deal with. Might suggest to halt all withdrawals for a bit as a standard security precaution.