Tag: Crypto

Germany’s Centre Right Alliance Secures Most Seats in EU Nations Election

Germany’s Centre Right Alliance (CDU/CSU) managed to secure the most seats in the country’s parliamentary election on Sunday, suggesting a more innovation-friendly environment awaits. Friedrich Merz’s CDU/CSU secured 28.52% of the vote while the far-right Alternative for Germany (AfD) secured 20.8% of the vote. There are 733 seats in...
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Did Ethereum’s Design Enable The Bybit Hack? Experts Clash

The colossal $1.5 billion hack of Bybit last week has set off fierce discussions across the crypto community, with some industry voices contending that Ethereum’s design might have played a role. The theft of approximately 401,000 Ether (ETH)— orchestrated by the North Korean Lazarus Group—has raised questions about whether...
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Here’s why Sonic rallied over 10% today

Sonic’s price rallied 12.5%, deviating from the broader market trend as market participants remained bullish over its growing prominence in decentralized finance. Sonic (S), formerly known as Fantom soared to $0.903 on on Monday, Feb. 24, marking a 140% jump…...
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Ripple v. SEC Lawsuit: Here’s Why a Quick Resolution Is Unlikely

TL;DR Experts argue that Ripple’s legal battle with the SEC is far more complex, involving procedural intricacies like an existing $125 million penalty and ongoing jurisdictional oversight until August 7. Others have pointed to the recent changes in its management team to envision a potential pause of all crypto-related...
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Bybit Recovers Ethereum Reserves After Massive Hack

Bybit has fully restored its Ethereum (ETH) reserves after suffering one of the largest hacks in crypto history. The exchange’s CEO, Ben Zhou, confirmed the recovery on February 24, just days after losing $1.5 billion in a cyberattack. Source: https://www.cnbctv18.com/technology/bybit-suffers-major-crypto-heist-what-happened-and-what-it-means-for-users-19563208.htm […] The post Bybit Recovers Ethereum Reserves After Massive...
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Bybit Suffers $1.5 Billion Hack, Ethereum Price Drops

On Friday, the cryptocurrency exchange Bybit suffered a major security exploit, and hackers have already withdrawn over $1.46 billion worth of Ethereum from its wallets. Source: https://zamin.uz/en/world/145070-hacking-attack-on-bybit-exchange-146-billion-stolen.html Blockchain data shows that the hackers transferred 401,346 ETH, valued at around $1.13 […] The post Bybit Suffers $1.5 Billion Hack, Ethereum...
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