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How Bybit didn’t waste a good crisis
The following is a guest post from George Godsal, Managing Director at REKT Partners. It’s the number one fear of any crypto exchange: a massive hack. And in the case […]
Bybit unveils bounty platform to tackle crypto crime following massive Lazarus hack
Bybit announced a bounty platform designed to combat crypto-related crime titled LazarusBounty.com following. The initiative employs a structured, four-pronged approach to identifying illicit activity, holding hackers accountable, and enhancing crypto […]
OKX aims for regulatory ‘gold standard’ after $500 million settlement with US authorities
OKX aims to become a leader in regulatory compliance after resolving a $500 million settlement with US authorities. On Feb. 24, OKX CEO Star Xu acknowledged past lapses in compliance […]
EU sanctions Russian crypto exchange Garantex over Ukraine conflict ties
The European Union has taken action against Garantex, a Russia-based crypto exchange, as part of its 16th sanctions package targeting entities linked to the Ukraine conflict. In a statement released […]
Citadel eyes crypto market making expansion amid regulatory shifts
Citadel Securities is reportedly planning to expand into crypto market making, with the aim of providing liquidity on major crypto exchanges, Bloomberg News reported on Feb. 24. People familiar with […]
OX token plummets amid OX FUN extortion and insolvency of former 3AC founders rumors
OX.FUN, a crypto derivatives exchange linked to the bankrupt Three Arrows Capital co-founders Su Zhu and Kyle Davies, is under fire following allegations of financial misconduct. The controversy erupted after […]
Kraken, Crypto.com among exchanges planning stablecoin launches in EU
Kraken and Crypto.com are among crypto exchanges developing their own stablecoins in response to the EU’s new regulatory framework, which is set to tighten oversight on third-party issuers, Bloomberg News […]
FTX creditors in Nigeria, Russia, China, Ukraine and others excluded from reimbursements
Sunil Kavuri, a representative of the FTX Creditors’ group, revealed that the bankrupt crypto exchange is exploring ways to compensate creditors in multiple countries, including Russia, China, Egypt, Nigeria, and […]
ByBit suffers $1.5 billion Ethereum heist in cold wallet breach
The crypto exchange ByBit has been hacked, and roughly $1.5 billion in Ethereum (ETH) has been stolen — making this one of the biggest hacks in history. On Feb. 21, the crypto trading platform […]
Coinbase CEO warns memecoins ‘gone too far’ amid insider trading and massive investor losses
Coinbase CEO Brian Armstrong has warned against insider trading linked to memecoins, emphasizing that such activities are illegal and could lead to prison time. In a post on X on […]