A bit smarter, a BitBetter!
In the aftermath of the unprecedented $1.5 billion hack of cryptocurrency exchange Bybit on 21 February 2025, European regulators are now scrutinising the potential involvement of OKX, another prominent crypto exchange, in facilitating the laundering of the stolen assets. The Bybit hack, attributed to North Korea’s Lazarus Group, exploited a vulnerability in Bybit’s security infrastructure,…
Ben Zhou, the CEO of Bybit, recently criticised Pi Network, describing it as more dangerous than meme coins. Zhou highlighted that, despite being in development for several years, Pi Network has yet to deliver a fully functional product and continues to delay the launch of its mainnet. He also noted that the value of Pi…
Margin trading is a powerful investment strategy that allows traders to borrow funds to increase their purchasing power. This method enables investors to open larger positions than their available capital, potentially amplifying both gains and losses. While margin trading is commonly associated with stocks, it is also widely used in cryptocurrency markets and other financial…
Roam, an emerging player in the cryptocurrency industry, is set to debut its native token, $ROAM, on eight major exchanges. This coordinated launch is scheduled for 6 March 2025, at 18:00 (UTC+8), providing users with multiple platforms to engage in trading activities. Participating Exchanges and Launch Details The ROAM/USDT trading pair will simultaneously become available…
In a significant development within the cryptocurrency sector, North Korea’s Lazarus Group has reportedly laundered approximately $1.39 billion worth of Ethereum (ETH) stolen from the Bybit exchange. The laundering process, involving 499,000 ETH, was completed in just 10 days, highlighting the group’s sophisticated operational capabilities. On-chain analyst EmberCN has been closely monitoring the movement of…