Ethereum Heist: Hackers Steal $1.46 Billion
Hackers infiltrated @Bybit, stealing 401,346 $ETH worth over $1.46 billion from a cold wallet; market volatility followed the breach. #Breaking #Crypto $ETH (-9) ↘
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Hackers infiltrated @Bybit, stealing 401,346 $ETH worth over $1.46 billion from a cold wallet; market volatility followed the breach. #Breaking #Crypto $ETH (-9) ↘
Kanye West, now Ye, plans to launch YZY cryptocurrency with 70% token allocation to himself for Yeezy transactions, raising insider favoritism concerns. #Update #Crypto $YZY (-3) ↘
Thomas Smith, CTO of @SafeMoon, pleads guilty to $200M fraud, facing up to 45 years in prison; CEO’s trial set for April 7. #Breaking #Legal #Crypto (-9) ↘
The U.S. Securities and Exchange Commission (SEC) launches the Cyber and Emerging Technologies Unit to combat fintech fraud, led by Laura D’Allerd, focusing on AI and crypto crimes. #Update #Legal (+7) ↗
CryptoQuant reports a $450M stablecoin influx to exchanges; @Binance receives 920M USDT, with $1.25B new stablecoins issued by Tether and Circle. #Update #Crypto $USDT (+6) ↗
@Microsoft unveils Majorana 1, a quantum chip with potential scalability of up to a million qubits, in collaboration with DARPA for fault-tolerant computing #Update #Tech (+7) ↗
The U.S. Securities and Exchange Commission (SEC) is reviewing @21Shares’ proposal to include staking in its spot Ethereum ETF, potentially transforming crypto investments. #Update #Crypto $ETH (+6) ↗
@nic__carter declares memecoins over after LIBRA scandal, citing insider dominance; @ArmaniFerrante and @brian_armstrong highlight their potential for financial innovation. #Update #Crypto $LIBRA (-3) ↘
Many companies, including @MicroStrategy, are heavily investing in $BTC, but Bloomberg warns smaller firms of financial risks and limited gains. #Update #Crypto $BTC (-3) ↘
Aleš Michl, Governor of the Czech National Bank, advises against equating $BTC with other cryptocurrencies amid LIBRA token scandal, urging caution in crypto investments. #Update #Crypto $BTC (-3) ↘
@BitunixExchange expands to over 700 trading pairs, adding Heima Network, Story Protocol, and meme coins like CZ’S Dog. This diversification aligns with market trends in AI and DeFi. #Update #Crypto (+3) ↗
@Abstract’s Cardex app suffered a session key breach, allowing hackers to steal nearly $400K in user tokens, isolated from the Abstract Global Wallet. #Update #Crypto (-6) ↘
@Mastercard integrates Crypto Credential into SafeTransact, enhancing blockchain security and convenience; stablecoin payments expand in APAC through partnerships with @NotabeneHQ. #Update #Crypto (+4) ↗
Bitcoin’s price surpasses $96,000, while Ethereum remains stable with growth potential as analyzed by Cryptology Key experts. #Update #Crypto $BTC (+3) ↗