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The crypto industry has rallied behind Bybit after a hack in which North Korean hacker group Lazarus stole over $1.4 billion.
Bitcoin’s rally was triggered by President Donald Trump’s plan for a “US Crypto Reserve,” which would include BTC, ETH, SOL, XRP and other assets.
The dropped lawsuit follows dismissals of other SEC lawsuits and investigations against other cryptocurrency companies like Coinbase and Gemini.
Navigating the UAE’s crypto ecosystem means decoding a maze of acronyms — SCA, VARA, DMCC, ADGM and more.
Ethical hacker Marwan Hachem told Cointelegraph that an “out of scope” bug led to the biggest hack in crypto history.
The crypto market surged after Trump’s reserve announcement, but analysts warned the rally may be temporary as regulatory hurdles remain.
While the idea of a reserve had been floated before, this marked the first time specific altcoins were highlighted, analysts told Cointelegraph.
Scammers posed as law enforcement and a crypto wallet host to trick victims into revealing their seed phrases and stealing their funds.
ZachXBT said major stablecoin issuers like Tether and Circle define blockchain legitimacy, while questioning the absence of stablecoins on Cardano and XRP Ledger.
The new token triggered tokenomics and cybersecurity concerns among industry watchers following the latest celebrity-endorsed memecoin scandals.
