Catenaa, Saturday, March 08, 2025-Bybit CEO Ben Zhou revealed Tuesday that 20% of the $1.4 billion stolen in a February cyberattack has become untraceable, while 77% of the funds remain visible on the blockchain. The disclosure comes as the exchange races to freeze assets linked to what is believed to be the largest centralized exchange […]
Catenaa, Friday, February 28, 2025-Bybit released a detailed forensic report on February 26, 2025, confirming a $1.5 billion hack that exploited a vulnerability in the Safe Wallet infrastructure. The attack, which was first detected on February 21, targeted Bybit’s Ethereum multisignature cold wallet. Forensic analysis by Sygnia revealed that malicious JavaScript code was injected into […]
Catenaa, Friday, February 28, 2025-Hackers behind the $1.5 billion Bybit cryptocurrency heist have moved at least 209,384 ETH, worth about $480 million, onto Bitcoin, largely using the decentralized exchange ThorChain, according to blockchain researchers. The Federal Bureau of Investigation confirmed that North Korea’s Lazarus Group orchestrated the attack, draining over 400,000 ETH and various tokens […]
Catenaa, Sunday, March 09, 2025-Cryptocurrency exchange Bybit began offering rewards last week to users who hold or use Ethena’s USDtb stablecoin, which is backed by BlackRock’s tokenized BUIDL fund. Ethena Labs announced Tuesday that USDtb, listed on Bybit, would be available as margin collateral by March 6. Users can earn up to 5% APR, paid […]
Catenaa, Wednesday, February 19, 2025 – Bybit has launched a financial disclosure mechanism for spot-listed tokens, becoming the first major cryptocurrency exchange to mandate transparency in project financials. Under the new rules, projects must disclose financial performance, treasury holdings, tokenomics, and key operational metrics. The first trial participant, SoSoValue (SOSO), reported a 629% revenue surge […]
Catenaa, Saturday, February 22, 2025 – Cryptocurrency exchange Bybit has been removed from France’s Autorité des Marchés Financiers (AMF) blacklist after more than two years of regulatory hurdles, marking a key step in its efforts to gain full compliance under the European Union’s Markets in Crypto-Assets (MiCA) framework. Bybit was blacklisted in 2022 for operating […]
Catenaa, Thursday, March 06, 2025- Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced significant strides in restoring its assets and regaining customer trust after a recent security incident. The platform has made major progress with a transparent recovery process, highlighting its commitment to resilience and security. Bybit reported that 77% of its […]
Catenaa, Saturday, March 01, 2025-Crypto exchange Bybit has resumed full trading services in India Tuesday after registering with the country’s Financial Intelligence Unit (FIU) and paying a regulatory fine. The exchange, which had previously suspended operations over compliance concerns, announced Tuesday that it had restored access for existing users and was gradually onboarding new customers. […]
Catenaa, Saturday, March 01, 2025- Crypto industry losses soared to $1.53 billion in February, marking a 20-fold increase from January, according to Immunefi’s latest report. The sharp rise was primarily driven by the record-breaking $1.46 billion hack of the Bybit exchange. February’s losses represent an 18-fold increase compared to February 2024, when losses were just […]
Catenaa, Tuesday, February 25, 2025- Crypto exchange eXch has denied accusations of facilitating money laundering for the Lazarus Group, the North Korean hacking syndicate behind the $1.4 billion theft from Bybit on February 21. In a statement posted on the Bitcointalk forum on February 23, eXch refuted claims, asserting that it was “not laundering money […]
Catenaa,Monday, February 24, 2025 – Lazarus Hackers stole approximately $1.5 billion in cryptocurrency from Bybit, marking the largest-ever theft in the industry, the digital asset exchange confirmed Friday. Bybit CEO Ben Zhou disclosed that Ethereum coins were drained from the company’s offline “cold” wallet, which is typically considered more secure than online storage. “As far […]
Catenaa, Wednesday, March 12, 2025- Hackers believed to be part of North Korea’s Lazarus Group have successfully laundered at least $300 million from the $1.5 billion stolen in a hack on crypto exchange ByBit two weeks ago. Experts say the hackers are using sophisticated methods to hide the stolen funds and likely funneling them into […]
Catenaa, Monday, April 14, 2025-Decentralized exchange aggregator ParaSwap has officially rebranded to Velora, signaling a major shift in both its name and platform capabilities. The rebrand follows a contentious DAO vote just weeks earlier, where the platform’s governance body narrowly decided to return fees earned from transactions linked to the Lazarus Group’s hack of Bybit. […]