Russia’s Supreme Court is pushing to classify cryptocurrency as property in penal cases, aiming to strengthen law enforcement’s ability to track, freeze, and confiscate illicit digital assets. Russia’s Supreme Court Advances Crypto Legalization Efforts Russia’s Supreme Court has taken an increasingly active role in defining the legal status of cryptocurrency, with its latest efforts focusing
Bybit scrambled to process over 350,000 withdrawal requests after a massive hack, with executives calling it possibly the worst financial breach ever. Bybit in Crisis Mode—350,000 Withdrawals Flood the System Ben Zhou, CEO of crypto exchange Bybit, provided an update on social media platform X on Feb. 21 regarding the company’s response to a recent
Bybit has suffered what is now confirmed to be one of the largest crypto hack in history, with over $1.46 billion stolen in an exploit linked to North Korea’s Lazarus Group. Below is a timeline of how events unfolded. Bybit Hack Timeline Initial Reports of Suspicious Outflows ZachXBT reports $1.46 billion in suspicious outflows from
KEY POINTS:- What is a Pi coin and how to mine it? PI network coin witnessed a sharp decline of 62 percent on Friday. Why is the Pi coin listing Big news? What is the Pi coin network? Firstly we need to know that the Pi coin network is a blockchain project basically making mining
Bitget Wallet has integrated decentralized lending protocol Aave to allow users to stake USDT and USDC across five blockchain networks while retaining self-custody of assets. Aave Integration Enables Cross-Chain Stablecoin Staking on Bitget Wallet Bitget Wallet has integrated decentralized lending protocol Aave to allow users to stake USDT and USDC across five blockchain networks while
The American securities regulatory body SEC ended the legal dispute with Coinbase crypto exchange. Coinbase is a top-ranked crypto exchange known for its highly compliance crypto trading services. Despite following rules & laws, Coinbase was used by the United States Securities and Exchange Commission (SEC). Through the lawsuit, the SEC body alleged that Coinbase violated
The CVM, Brazil’s Securities and Exchange Commission, has approved the Hashdex Nasdaq XRP Index Fund for trading. The ETF, which is now in its pre-operational phase, highlights the openness of the Brazilian market to these options. Brazil Approves World’s First XRP ETF The Brazilian cryptocurrency market has scored yet another milestone, offering investors the world’s
Update: Bybit Hot wallet, Warm wallet and all other cold wallets are fine. The only cold wallet that was hacked was ETH cold wallet. ALL withdraws are NORMAL. — Ben Zhou (@benbybit) February 21, 2025 Blockchain investigator ZachXBT has flagged suspicious outflows from Bybit, with over $1.46 billion in funds moving out of the exchange.
Twin brother of entrepreneur Grant Cardone, Gary Cardone has a lot of experience in investing, he announced that he sold his entire XRP position for a price of 2.71 dollars. Today he posted on X, Cardone, drawing from his 40 years of financial experience, mentioned his six personal investment rules as the driving force behind
A Fidelity Digital Assets report indicates that Bitcoin’s primary scaling solution is growing at roughly twice the rate shown by public data because much of its network activity remains private. The Lightning Network Is Growing and Institutions Are Taking Notice The total capacity of Bitcoin’s Lightning Network has jumped 384% since 2020 as an increasing