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In what is a concerning development for the cryptocurrency industry, Bybit has confirmed a $1.4 billion Ethereum hack. Indeed, both the cryptocurrency exchange founder, Ben Zhou, and the platform itself have confirmed the incident in a post to X (formerly Twitter). The hacker stole more than $1.4 billion in liquid-staked Ether and MetaETH (mETH), according to on-chain blockchain security analyst ZackXBT. Zhouh updated users, unveiling a Bybit ETH multisig cold wallet that had made the transfer to a warm wallet to steal the funds. However, he assured users, “All other cold wallets are secure.” JUST IN: Bybit founder confirms $1.4 billion $ETH hack. — Watcher.Guru (@WatcherGuru) February 21, 2025 Also Read: Argentina Bitcoin Adoption Surges as ByBit Card Debuts Bybit Faces $1.4 Billion Ethereum Hack, Confirms Founder The cryptocurrency market has taken massive strides forward this year. Indeed, 2025 has seen a host of nations embrace the asset class like never before. Yet, a k...

The Sentio Protocol price has soared 34% in the last 24 hours to trade at $0.4216 as of 3:20 a.m. EST on a 98% pump in trading volume to $8.8 million. The recent price surge comes after an announcement that SEN was listed on the MEXC crypto exchange. Trading for SEN began on December 29 at 10:00 UTC, and withdrawals will start on December 30 at 10:00 UTC. $SEN @sentioxyz position is up 31% on the day. Trade it with MEXC: https://t.co/9LokL8fVzL — Troy Spencer (@TroySpencerNSDQ) December 29, 2024 Sentio Protocol is a decentralized on-chain AI platform designed to transform how individuals and organizations interact with blockchain technology. By integrating no-code development tools with AI agent deployment, it enables users to automate complex tasks like DeFi yield farming and NFT management without requiring advanced technical skills. Key use cases include setting up AI agents through an intuitive interface, automating yield farming across liquidity pools, cross-chain a...

The United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced that it had sanctioned several individuals and entities related to a money laundering network that relied on tether (USDT), as well as other cryptocurrencies, to move assets for Russian interests.  The United Kingdom and the United Arab Emirates collaborated with OFAC to disrupt this network, according to the press release. In total, OFAC has sanctioned five new individuals and four entities that were associated with the TGR Group money laundering network.  What did this money laundering network look like? The TGR Group, allegedly controlled by Ukrainian national George Rossi, supposedly provides services exchanging cash for crypto (and vice versa), a pre-paid card service, and helping enable “Russian nationals to purchase property in the United Kingdom.” The press release also notes that Rossi “leveraged OFAC-sanctioned Russian crypto exchange, G...

Shiba Inu saw itself get listed in more than 125 crypto exchanges in less than two years of its launch. The exchanges include leading platforms such as Binance, Robinhood, Webull, eToro, and Kraken, among various others. Almost every crypto exchange across the world has listed SHIB up until today. In addition, a string of businesses has accepted Shiba Inu as a form of payment on their respective check-out pages. NowPayments revealed recently that 10 businesses accept SHIB through walk-ins in their physical brick- and -mortar stores . Also Read: Shiba Inu: Will Shibarium Burn 100 Trillion Tokens? Shytoshi Responds 10 Physical Stores Accept Shiba Inu As Payment NowPayments revealed in their blog that 10 physical stores accept SHIB as a form of payment. The payments include no third-party interference through exclusive ownership of their clients. The crypto payment interface NowPayments has been reaching out to various businesses worldwide making them accept SHIB as payment. ...

CZ Binance Supports New Crypto Exchange Binance CEO CZ tweeted: advertisement Impeccable timing. But the more the merrier. Applauding developments in times of regulatory scrutinies, he believes more competition in the crypto space is a positive thing. Clearly as a Crypto exchange CEO, he is not threatened by emerging players due to its broader vision. Though CZ Binance has expressed relief over SEC disagreement settlement, SEC is still wary of crypto developments in the US. New Exchange EDX, a “noncustodial” platform. is set to offer trading exclusively in Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH) initially. Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read Best Crypto Exchange Affiliate Programs In 2...

Also Read: Will Mark Cuban Speak On Crypto Before US Senate? advertisement In the Ripple Vs SEC lawsuit, as many as 16 companies filed an amicus curiae. The XRP community is awaiting the all important Summary Judgement from Judge Analisa Torres. Coinbase Lawsuit Amicus Curiae: More Users To Join? The main agenda behind attempting to gain amicus status is to help make user voices heard while the Crypto exchange is defending itself in the lawsuit. Since asking for user details for amicus curiae on June 9, Deaton managed to unite around 1,500 users so far in the Coinbase lawsuit. The attorney reiterated, “This isn’t about helping Coinbase . It’s about speaking up if you believe these regulators aren’t protecting you or you don’t want their type of protection.” Recommended Articles Crypto Presale Projects For 2023 To Invest; Up...