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.
The SEC’s crypto enforcement program is unraveling, with legal retreats and restructuring. A former SEC official predicts the Ripple appeal is next to be abandoned. SEC’s Ripple Fight Nears Collapse, Former SEC Official Signals the End The U.S. Securities and Exchange Commission (SEC) appears to be unraveling its crypto-enforcement program, with multiple legal retreats and
Kanye West, legally known as Ye, plans to introduce a meme-inspired cryptocurrency named YZY — a move that comes even after he publicly condemned such tokens as manipulative and driven by empty buzz. Ye Follows CZ on X Causing Binance Listing and Doginal Link Whispers The polarizing music icon, Ye, whose Yeezy brand will reportedly
Key Points:- What is Chainlink and its purpose? Chainlink price Slipped by 42 percent in February 2025. Three reasons can be Game changers for Chainlink’s bounce-back. Chainlink price Reached its all-time high value in December 2024 at $30.78. Chainlink is one of the world’s most popular crypto networks. It serves as an apparent bridge between
A $1.4 billion hack at Bybit prompted former Binance CEO Changpeng Zhao, known as CZ, to commend Bybit’s chief executive, Ben Zhao, for his transparent and measured response. Massive Bybit Hack Spurs CZ to Warn: ‘We Should Never Take Security for Granted’ The breach, linked to sophisticated North Korean hackers, targeted Bybit’s multi-sig cold storage.
Bybit has launched a recovery bounty program offering rewards for retrieving stolen cryptocurrency funds. Crypto Exchange Bybit Initiates Recovery Bounty The Dubai-based cryptocurrency exchange, Bybit, has initiated a recovery bounty program following a security breach that compromised ETH valued at over $1.4 billion. The program promises a reward equal to 10% of recovered funds. The
The Trump administration is reshaping the federal government with a clear vision: to unleash a new era of American innovation and prosperity. So far, there’s little reason to doubt that this agenda is taking shape. Economic revitalization, technological advancement, and a resurgence of cultural confidence all point to a promising decade ahead. But no transformation
X account of Myanmar’s acting president seems hacked. Hacker(s) intending to promote a digital currency. On 22 Feb 2025, the X account of Myanmar’s acting president, Min Aung Hlaing, tweeted about Myanmar’s digital currency. Tweet noted that the country aimed to digitize the economy with a national digital currency. The Government of Myanmar will launch
A survey of FTX creditors reveals a strong inclination to reinvest their repayments in cryptocurrencies, with solana (SOL) being the most popular choice. FTX Creditors’ Love Affair With Solana A new survey found that 79% of FTX creditors plan to reinvest their repayments into cryptocurrencies, with 29% of the reimbursed funds allocated for this purpose.