Monero Surges 50% Amid Laundering Allegations
The price of $XMR surged over 50% overnight amid allegations by ZachXBT of significant bitcoin-to-Monero swaps driving the increase. #Update #Crypto $XMR (+7) ↗
Hack
DeFi Negotiates $5.7M Exploit Resolution
@Loopscale offers hacker behind $5.7M USDC and 1,200 SOL exploit a deal: return 90% of funds for immunity, impacting 12% of platform funds. #Breaking #Crypto $SOL (-8) ↘
North Korean Hackers Target Crypto Developers
North Korean cyber operatives created two fake U.S. businesses to bypass Treasury sanctions and target cryptocurrency developers with malware. #Breaking #Cybersecurity (+9) ↗
Crypto Surge in Africa Attracts Cybercriminals
Africa faces a surge in cyberattacks as hackers hijack social media accounts to promote fake cryptocurrencies, prompting experts to recommend educational campaigns for user verification. #Update #Crypto (+6) ↗
Crypto Heist: Lazarus Moves 109 BTC
North Korea’s Lazarus Group moved 109 $BTC ($9.1M) to obscure wallets in two days, as reported by Arkham Intelligence. #Breaking #Crypto $BTC (+8) ↗
Crypto Hack: 86% Traced to Wallets
@Bybit’s founder Ben Zhou disclosed that a February hack exploited anonymizing tools, tracing 86% of $1.4B stolen crypto to 9,117 Bitcoin wallets. #Breaking #Crypto $BTC (+9) ↗
Crypto Laundering Scandal Exposes Industry Failures
On Tuesday, onchain investigator ZachXBT highlighted the Bybit breach as a critical example of growing exploits in the crypto sector, calling it “unbelievably cooked.” #Breaking #Crypto $BYBIT (-8) ↘
Crypto Heist: Lazarus Moves 400 ETH
North Korea-linked Lazarus Group moved 400 ETH to Tornado Cash after the $1.5B Bybit hack, blockchain researchers report. #Breaking #Crypto $ETH (-9) ↘
Bybit Heist: Developer Laptop Compromised
@SafeWallet reveals a compromised developer’s laptop led to last month’s $1.4 billion Bybit hack, linked to North Korean group TraderTraitor. #Breaking #Security (+9) ↗
Crypto Heist: Lazarus Group’s $3.1M Theft
ZachXBT identifies North Korea’s Lazarus Group as the likely culprit behind a $3.1M cryptocurrency theft from a Tron user on Feb. 28, 2025. #Breaking #Crypto $TRX (-9) ↘
Ethereum Gap Closed Bybit Achieves Milestone
@Bybit CEO Ben Zhou confirms the exchange has restored 1:1 asset backing after a $1.5B hack linked to Lazarus Group, with services fully operational and proof-of-reserves verified. #Breaking #Crypto $ETH (-9) ↘
Ethereum Reserves Rebound Post Bybit Hack
Bybit’s $ETH reserves are recovering post-hack, with inflows of 139,000 ETH worth $390M aided by crypto whales and firms like Bitget and MEXC. #Breaking #Crypto $ETH (+8) ↗
SEI Surges 16% Amid Market Turmoil
@CryptoFaibik reports $SEI surged 16% amid market instability post-Bybit hack, showing resilience with potential for significant growth. #Update #Crypto $SEI (+3) ↗
Crypto Hack Crisis Management Sets Standard
@Bybit faced a $1.4 billion hack on Feb. 21, 2025, targeting its ethereum wallets, highlighting swift withdrawals and strong reserves as crisis management measures. #Breaking #Crypto $ETH (-9) ↘