Coinbase CEO Brian Armstrong discusses the future of meme coins, warning about scams while urging an open-minded approach to their potential role in crypto. Coinbase CEO Brian Armstrong has shared his perspective on the growing role of meme coins in the cryptocurrency space. While acknowledging concerns over scams and speculation, Armstrong emphasi
Bybit Suffers Historic Hack: $1.44 Billion Loss Marks Largest Theft in Crypto History
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has recently been struck by an unprecedented disaster. A Friday morning hack resulted in a loss of up to $1.44 billion. According to the latest report from blockchain analytics firm Chainalysis, this incident not only sets a new record for the largest single theft in the [
AB Set to Launch on BingX Exchange, Further Expanding Global Trading Channels
PRNewswire, PRNewswire, 22nd February 2025, Chainwire The post AB Set to Launch on BingX Exchange, Further Expanding Global Trading Channels appeared first on Crypto-News.net.
Eric Wall Predicts Lazarus Group’s Cash-Out Strategy as Bybit Prepares for $1.5B ETH Buyback
Bybit, a major cryptocurrency exchange, is moving to shore up approximately $1.5 billion worth of Ether (ETH) through loans after funds were stolen by North Korea-linked Lazarus Group, according to industry analyst Eric Wall. Per Wall’s analysis in a February 21 X post, the exchange’s decision to take out loans instead of liquidating its assets… [
US Crypto Index ETFs Face Lukewarm Reception After Launch – What’s Holding Them Back?
Key Takeaways: Initial investor interest in new crypto index ETFs has been significantly lower compared to spot Bitcoin ETFs. The limited scope of assets (currently only Bitcoin and Ether) is hindering diversification and overall appeal. Future regulatory approvals for ETFs holding a broader range of cryptocurrencies are highly anticipated. The lau
Bybit Boosts Withdrawal Speeds as System Returns to Regular Operation – CEO Ben Zhou
Recently, the crypto exchange Bybit experienced a hack where unauthorized withdrawals were made by cybercriminals. However, the company’s CEO, Ben Zhou, has reassured users that all withdrawals have been processed, and the situation has been resolved. Zhou emphasized that despite the security breach, all user funds are safe and secure. Bybit has ta
Unlocking the Potential: Understanding the Competitive Nature of the Blockchain Gaming Market According to Gunzilla Executive
The rapid evolution of blockchain technology has created a dynamic environment in the gaming industry, leading to a new wave of capital rotation. In a recent interview with Gunzilla Games, we discussed the shifting landscape of blockchain gaming and the opportunities it presents. Gunzilla Games highlighted the importance of staying agile in the fac
ZachXBT Identifies Lazarus Group as Bybit $1.4B Hackers, Wins Arkham Bounty
Key Takeaways: February 2025 saw one of the largest hacks in crypto history, a $1.4 billion hack against Bybit. On-chain sleuth ZachXBT names North Korea’s Lazarus Group among the likely perpetrators. Crypto community rallies with support, security tips and stolen fund tracking efforts The cryptocurrency space has just faced a significant threat, a
“Alt Season Has Begun”, Said CryptoQuant CEO – Is It Really Here, and What’s Driving It?
Key Takeaways: Investors are shifting focus as altcoin trading volume is much higher than Bitcoin’s. Stablecoins are now the primary driver of altcoin interest, rather than direct rotation from Bitcoin. This alt season is highly selective, requiring investors to do thorough research (DYOR). The CEO of CryptoQuant, Ki Young Ju, ignited controversy w
Pascal Hard Fork: BNB Chain’s Next Big Step Towards Smart Contract Wallets & Ethereum Compatibility
Key Takeaways: Pascal hard fork is here to implement native smart contract wallets on the BNB Chain, and allows for batch transactions. This upgrade enhances the user experience via lower fees and greater efficiency. This hard fork coincides with Ethereum’s anticipated Pectra upgrade, enhancing compatibility. The Pascal hard fork will undergo testi