Bybit exchange has reportedly purchased 266,700 ETH worth $742 million across two days, according to blockchain analytics firm Lookonchain. The transactions occurred in the days following Bybit’s $1.4 billion hack, which has taken the industry by surprise. A wallet linked…...

Rapper Ye, formerly known as Kanye West, continued to confuse the cryptocurrency community through his erratic social media behavior and mixed signals about his meme coin project. What happened: The controversial hip-hop artist wrote in an X post, “I need my own blockchain” on Sunday,  amid growing speculation about...

Ethereum Foundation lead developer Tim Beiko has dismissed the idea of an Ethereum blockchain rollback following the Bybit crypto exchange hack. In a detailed post on X, Beiko explained why such a proposal is impractical and unfeasible. Ethereum Network Too Interconnected For A Rollback, Beiko Says  On February 21,...

The Ethereum Foundation has announced the Open Intents Framework (OIF), a modular and open framework designed to improve interoperability across the Ethereum ecosystem. The new standard is developed with the collaboration of over 30 teams which includes Layer 2 networks, wallets, and infrastructure providers. Open Intents Framework According to...

Bybit said on Sunday it froze $42.89 million of the hacked funds thanks to the efforts of multiple parties as the cryptocurrency exchange shores up its reserves after the shocking $1.4 billion exploit. What Happened: Bybit announced via X that it was successful in restricting hackers’ ability to move...

Pump.fun, the popular Solana-based memecoin launchpad, is reportedly testing its automated market maker which could replace Raydium as the default decentralized exchange for graduated tokens.  The development was first spotted by X news aggregator platform Aggr News, which took notice…...

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Ethereum multisig wallet provider Safe wallet has announced that it will gradually restore its services with improved security features within 24 hours.  This comes after the $1.4 billion Bybit hack which exploited a masked URL and contract logic manipulation to…...

The price of BTC could be stuck in consolidation for longer than initially anticipated, as the latest on-chain data shows that the Bitcoin Coinbase Premium Index has dropped back beneath zero. What does this dwindling metric signal for the premier cryptocurrency? Is The Bitcoin Price At Risk Of Downward...

Leading coins remained weak on Sunday as the cryptocurrency market grappled with the massive $1.4 billion hack on cryptocurrency exchange Bybit. Cryptocurrency Gains +/- Price (Recorded at 7:45 p.m. ET) Bitcoin (CRYPTO: BTC) -0.24% $96,377.59 Ethereum (CRYPTO: ETH)                +2.66% $2,832.54 Dogecoin (CRYPTO: DOGE)           -1.13% $0.2435 What Happened: Bitcoin meandered...