In a bold move that's reshaping how cryptocurrency exchanges respond to security breaches, Bybit has announced a staggering $140 million bounty to recover stolen funds and identify the perpetrators behind a recent major hack. This record-breaking reward marks a new chapter in crypto security, demonstrating how platforms are taking increasingly aggressive measures to protect user assets.
While Bybit has kept specific details of the attack...
In a recent surge of cryptocurrency-related fraud, over 130 individuals in Australia have fallen victim to a sophisticated scam impersonating the Binance cryptocurrency exchange. Scammers contacted targets via SMS and encrypted messaging platforms, claiming their crypto accounts were compromised and instructing them to transfer funds to a 'trust wallet' controlled by the scammers, resulting in asset theft. Authorities are urging recipients of such messages...
The United States Securities and Exchange Commission (SEC) has embarked on a transformative journey in its approach to cryptocurrency regulation. The recent establishment of...
In a remarkable display of resilience amidst a broader cryptocurrency market downturn, Maker (MKR), the governance token of the MakerDAO protocol, has surged over...
The convergence of artificial intelligence (AI) and cryptocurrency is rapidly reshaping the digital financial landscape. This fusion has given rise to AI agent coins—digital...
The cryptocurrency industry faced a significant compliance reckoning when BitMEX, a leading cryptocurrency exchange, was fined $100 million for willfully violating anti-money laundering (AML)...
Do Kwon, the South Korean co-founder of Terraform Labs, has pleaded not guilty to U.S. criminal fraud charges related to the catastrophic collapse of...
Binance, the world's largest cryptocurrency exchange, remains in deliberation over the location of its global headquarters—a decision influenced by complex factors such as tax...
In a significant legal development within the cryptocurrency industry, FTX, the now-defunct cryptocurrency exchange, has filed a lawsuit against Binance and its founder, Changpeng...
In an unexpected convergence of digital finance and local community events, the New York City honorary dog mayoral election has been embroiled in controversy...
Fuel Labs has officially launched the Ignition rollup network, a high-performance Layer-2 solution designed to enhance Ethereum's scalability through advanced parallelization and a unique...
Decentralized Finance (DeFi) has emerged as one of the most transformative sectors within the cryptocurrency space, allowing users to access financial services like lending,...
In 2023, the global cryptocurrency community witnessed a remarkable surge in ownership, with the total number of crypto users soaring by 34%, reaching an...
