The Lazarus Group, a North Korean-linked cybercrime entity, allegedly laundered $1.4 billion stolen from crypto exchange Bybit this week using meme coin platforms and cross-chain transfers, according to onchain investigator ZachXBT. $1.4B Bybit Hack Tied to Lazarus Group, Laundering Involved Pump Fun Meme Coins The Lazarus Group, notorious for high-profile crypto hacks, is accused of
On Saturday, our newsdesk revealed that Kanye West, also known as Ye, was preparing to launch a meme coin. Now there is speculation that West sold his X account to a member of the Doginals crew. Ye’s YZY Coin Controversy Yesterday, Bitcoin.com News detailed Ye’s reported YZY meme coin launch and examined an X spaces
The largest digital asset heist in history has just occurred as hackers stole $1.5 billion from the Bybit exchange. Multiple blockchain security firms have linked the attack to the North Korean state-backed hacking team Lazarus Group which targets digital asset platforms. The massive breach happened on February 21 when hackers withdrew almost $1.5 billion worth
According to David Eastman, Yougov’s managing director for Latin America, this shows the advance of crypto in Brazil and should serve as a wake-up call for banks. Yougov Poll Shows Some Users Would Substitute Banks With Crypto A recent survey conducted by Yougov, an international online research data firm, has given insights into the advancement
Vitalik Buterin has praised the strength and dedication of Argentina’s Ethereum community. In the wake of Libra’s downfall, Buterin remarked that the push by Argentines towards blockchain and crypto technologies was “real”. Ethereum Co-Founder Vitalik Buterin Highlights Blockchain and Crypto Push in Argentina Argentina will be very important for the future of blockchain, crypto, and
Top Crypto Headlines: Bybit Hacked For $1.5 B, Kanye West To Launch Token, SEC Drops Coinbase & Opensea Lawsuits – Bitcoinik Home Crypto News Top Crypto Headlines: Bybit Hacked for $1.5 B, Kanye West to Launch Token, SEC Drops Coinbase & Opensea Lawsuits Source link
A South African investment firm, has invested in bitcoin as a treasury strategy, aiming to bolster financial resilience and shareholder value. Altvest Capital to Invest Only in Bitcoin A South African alternative investment firm, Altvest Capital Ltd., announced its first investment in bitcoin (BTC) as part of a strategic treasury management initiative. The Johannesburg Stock
A Brazilian man accused of masterminding a $290 million crypto Ponzi scheme has been extradited to the U.S., where he faces fraud charges and a potential 20-year sentence. Global Crypto Fraudster Faces U.S. Justice—Inside the $290M Bitcoin Scheme A Brazilian national has been extradited from Switzerland to the United States to face charges related to
After Bybit CEO Ben Zhou’s strong statements against Pi Network, many Pi supporters are celebrating what they call “instant karma” following Bybit’s $1.4 billion hack, one of the biggest in crypto history. Background Bybit was recently hacked during a routine transfer, with attackers exploiting vulnerabilities in its wallet system, draining millions in Ethereum (ETH) and
BRICS nations are accelerating efforts to create independent payment systems, aiming to bypass Western financial dominance. BRICS Advances Alternative Payment Systems to Reduce Western Dependence BRICS nations are actively discussing the development of alternative payment platforms to reduce their dependence on American financial systems, Tass reported on Feb. 19, citing Russian Foreign Minister Sergey Lavrov.