Bybit CEO declares ‘war against Lazarus’ after $1.4B hack

Another wave of selling pressure hit the cryptocurrency market on Feb. 23 as Bitcoin struggles to reclaim the $49,000 level.Data from Cointelegraph Markets and TradingView shows that Bitcoin fell under intense pressure in the early trading hours on Tuesday and this pushed the price of BTC as low as $44,927 before buyers arrived to stop…

The $74 million plan by two former Uniswap Lab executives for a new Uniswap Foundation has just become reality after their proposal received over 99% of the votes from UNI token holders.According to the initial proposal, the foundation aims to streamline Uniswap’s Grant Program (UPG) and reduce friction in the protocol’s governance system. Former Uniswap Labs…

Grayscale Investments is set to float a fund targeting blue-chip assets in the decentralized finance space. 793 Total views 3 Total shares Michael Sonnenshein, CEO of digital asset management giant Grayscale, has announced a new investment vehicle for the firm targeted at decentralized finance (DeFi) assets.Sonnenshein announced Grayscale’s planned DeFi Fund and Index during an…

Recent reports that Chinese authorities have raided the offices of leading cryptocurrency exchange Binance, are actually quite false. Speaking to Cointelegraph on Nov. 21, a Binance spokesperson refuted media reports that Chinese police had raided and subsequently shut down the exchange’s Shanghai offices. Furthermore, the spokesperson stated that no such offices even exist:“The Binance team is…

Now valued at $33 billion, Revolut didn’t rule out a potential IPO this year, but the firm's CFO suggested that it was unlikely. 58 Total views 2 Total shares Revolut, a major British banking app featuring cryptocurrency investment, has secured $800 million in a new funding round.The new investment round is led by Japanese financial…

Crypto wallets, which act like wheels for the digital asset ecosystem, are now incorporating tech innovations such as biometrics, DID, AI and smart contracts.

Staking provider Lido was also found to be vulnerable to the bug that has delayed the launch of the Eth2 staking service Rocket Pool. 1405 Total views 28 Total shares Eth2 staking provider Rocket Pool has postponed its launch after a possible exploit was identified in the protocol’s code.On Oct. 6, Rocket Pool announced the…

The approval means HashKey can provide “ETH staking services for spot ETFs,” said HashKey’s managing director, Terence Pu. Cryptocurrency exchange HashKey has received approval from Hong Kong regulators to offer staking services, potentially broadening the institutional appeal of proof-of-stake investments such as the spot Ether exchange-traded funds (ETFs). HashKey was granted approval on April 10

Authorities in the U.S. state of California have arrested a 21-year old New Yorker for the alleged theft of $1 million in crypto using “SIM-swapping,” U.S. broadsheet the New York Post reported Nov. 20.SIM-swapping — also known as a “port-out scam” — involves the theft of a cell phone number in order to hijack online…