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news-imageApril 21, 2025

ByBit Hack Update: Tracing the $1.4 Billion Stolen Crypto Funds

Two months after the biggest crypto hack in history, a fresh update from Bybit CEO Ben Zhou has brought a ray of hope. Out of the $1.4 billion in stolen ETH, 68.57% of the funds remain traceable, while 3.84% have been frozen. However, 27.59% have gone dark—likely laundered through mixers and bridges.
Publisher: CoinPedia
Sentiment: Negative
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cover-imageCrypto Economy
April 21, 2025

Scaling Bottlenecks and Declining Fees: Vitalik Buterin Charts a Bold New Course with RISC-V

TL;DR Ethereum's Current Struggles: Facing scaling bottlenecks and declining transaction fees, Ethereum is losing traction as users flock to faster, cheaper layer-2 solutions. A Radical Shift: Vitalik Buterin proposes overhauling the Ethereum Virtual Machine by adopting the RISC-V architecture to boost execution efficiency, potentially up to 100 times.

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Negative
cover-imageBitcoin
April 21, 2025

Bybit CEO Ben Zhou Provides Update on Hacked Funds and Recovery Efforts

Ben Zhou, co-founder and CEO of Bybit, has released an executive summary detailing the status of hacked funds totaling approximately $1.4 billion, or around 500,000 ETH. According to Zhou, 68.57% of these funds remain traceable, while 27.59% have gone dark, and 3.84% have been frozen.

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Positive
cover-imageInvezz
April 21, 2025

PepeX price to go up soon as crypto market stages a rebound

Bitcoin crossed $87,000 for the first time in weeks, even as concerns over US tariffs persist. The cryptocurrency is up over 3% in the past 24 hours, trading at $87,430 — its highest since April 2.

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Positive
cover-imageCointelegraph
April 21, 2025

Crypto adoption will be driven by high-growth markets, with or without the US

Opinion by: Dominic Schwenter, chief operating officer of Lisk The US is in the middle of a crypto boom. Exchange-traded fund approvals have opened the door to institutional adoption, liquidity is increasing, and regulatory clarity is beginning to take shape under a more crypto-aligned administration.

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Neutral
cover-imageBenzinga
April 21, 2025

Robinhood's Vlad Tenev Once Deemed HOOD Stock 'Highly Correlated' With Bitcoin—Here's How The Relation Has Shifted In 2025

Commission-free trading platform Robinhood Markets Inc. (NASDAQ:HOOD) has seen cryptocurrencies take a larger share of its reported revenues in recent years, rendering it susceptible to their market movements to some extent. What happened: None other than CEO Vlad Tenev conceded in a December interview that the HOOD stock was "highly correlated" with Bitcoin (CRYPTO: BTC), the world's largest cryptocurrency by market capitalization, despite Robinhood not accepting Bitcoin as a treasury reserve asset.

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Negative
cover-imageAltcoin Buzz
April 21, 2025

eXch Shuts Down After Ties to Lazarus Group Allegations

Privacy-focused crypto platform eXch has announced it will officially shut down operations on May 1, 2025. The news comes amidst growing allegations that the platform was used by North Korea's Lazarus Group, especially after the group's recent attack on Bybit.

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Negative
cover-imageAltcoin Buzz
April 21, 2025

Binance Research: How $31T U.S. Debt Could Shake Crypto

According to the analysis, the U.S. Treasury is expected to issue more than $31 trillion in debt in 2025. This is a staggering figure that includes both new financing and refinancing of existing debt.

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Positive
cover-imageBitcoinist
April 21, 2025

Decentralized Defense? NFT Group Targets Cold War Nuclear Bunker Buy

An apocalyptic-themed Solana-based NFT project is aiming to sell 100,000 virtual tokens to buy a Cold War nuclear bunker in England. The innovative venture combines virtual ownership with physical real estate in what could potentially be a new trend for blockchain communities.

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Positive
cover-imageCoindesk
April 21, 2025

Stablecoin Giant Circle Is Launching a New Payments and Remittance Network

Circle, the firm behind the $60 billion USDC stablecoin, is launching a new payments and cross border remittance network on Tuesday — the company's “next product move” — from its plush New York City headquarters, high on the 87th Floor of One World Trade Center.

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Negative
cover-imageCrypto news
April 21, 2025

Bybit CEO: 27.6% of Bybit hack funds remain untraceable

Bybit CEO Ben Zhou has revealed that over a quarter of the funds stolen in the March Bybit hack can no longer be tracked while 84.5% has been converted to Bitcoin via Thorchain. In an Apr.

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Negative
cover-imageThe Cryptonomist
April 21, 2025

The Q1 2025 of the crypto market in an article: turbulence, thefts, and regulatory instability

Q1 of 2025 turned out to be an intense and complex period for the cryptocurrency market, heavily marked by international events, cyberattacks, and regulatory developments. Recent months have indeed highlighted — once again — how sensitive the world of cryptocurrencies is to global political and economic dynamics, leading to tangible consequences for investors and industry operators. One of the most alarming aspects of the quarter was the exponential increase in cryptocurrency-related thefts, with a total of over $1.78 billion stolen in targeted attacks. Of these, $1.4 billion were drained in the attack involving Bybit alone.

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Negative
cover-imageCointelegraph
April 21, 2025

Bybit CEO: Two-thirds of Lazarus-hacked funds remain traceable

Crypto exchange Bybit co-founder and CEO Ben Zhou says more than two-thirds of the digital assets stolen from the platform in February by North Korea's Lazarus Group still remain traceable. In an executive summary on hacked Bybit funds posted on X on April 21, Ben Zhou said that of the total $1.4 billion hacked, 68.6% “remains traceable,” 27.6% has “gone dark,” and 3.8% has been frozen.

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Neutral
cover-imageCointelegraph
April 21, 2025

NFT project plans crowdfund purchase of Cold War nuclear bunker

A doomsday-themed Solana NFT project is looking to sell 100,000 non-fungible tokens (NFTs) to buy a Cold War-era nuclear bunker in Rutland, England.Dead Bruv, the creators of the narrative-driven NFT project Meatbags, plan to mint 100,000 NFTs, with Meatbags holders being airdropped 10,000. The the rest will be sold off starting April 21, starting at $14 a pop, according to a post on the Meatbags X account.

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Positive
cover-imageCointelegraph
April 21, 2025

Blocksquare, Vera Capital ink deal to tokenize $1B in US real estate

Ethereum-based real-world asset (RWA) tokenization platform Blocksquare has partnered with a Florida-based real estate company to offer fractional ownership in a pipeline of US commercial properties valued at over $1 billion. Announcing the deal on April 18, Blocksquare and Vera Capital said a marketplace would launch in the coming weeks to enable global investors to buy tokenized shares in “dozens of properties” located across seven US states.

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Negative
cover-imageBitcoinist
April 21, 2025

Crypto Exec Calls Out Altcoin Bias: A Danger To New Investors

Bitcoin analyst Samson Mow cautions that psychological biases are deceiving new cryptocurrency investors. The CEO of Jan3 recently noted that most new entrants to crypto markets are being misinformed by what economists refer to as “unit bias,” leading them to make wrong investment decisions based on the price of coins instead of real value.

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Negative
cover-imageCryptonews
April 20, 2025

Brazilian Police Seize $45,000 Worth of Crypto in ‘Protection Racket' Raid

Brazilian police have confiscated cryptoassets worth $45,000 in a major raid of a protection racket ring that appears to have targeted businesspeople in the south of the country. The post Brazilian Police Seize $45,000 Worth of Crypto in ‘Protection Racket' Raid appeared first on Cryptonews.

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Positive
cover-imageBitcoin
April 20, 2025

A Tale of Two Crypto Camps

In a surprising twist, it's not the crypto participants but Wall Street giants who are now championing decentralization, transparency, and immutability. This editorial is from last week's edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it's finished.

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Positive
cover-imageCrypto Reporter
April 20, 2025

4 Cryptos Making Headlines—Could One Be the Next Crypto to Explode?

With thousands of tokens in the market, identifying the next crypto to explode can feel like guesswork. But a few projects are rising above the noise, thanks to strong tech, real use cases, and growing communities. BlockDAG, Stellar, Ripple, and VeChain are four names that keep popping up—and for good reason.

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Positive
cover-imageBitcoin
April 20, 2025

Blocksquare, Vera Capital to Tokenize $1B in US Real Estate

Blocksquare and Vera Capital have partnered to tokenize $1 billion worth of U.S. real estate, a move that reflects broader adoption of blockchain in traditional finance (TradFi). $1B Real Estate Tokenization Deal Highlights RWA Growth According to the announcement shared with Bitcoin.

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Neutral
cover-imageThe Daily Hodl
April 20, 2025

FTX Founder Sam Bankman-Fried Transferred to Low-Security Federal Prison in Los Angeles

The incarcerated founder of bankrupt crypto exchange FTX is now detained in a correctional facility in Los Angeles, California. According to the inmate database of the Federal Bureau of Prisons (BOP), Sam Bankman-Fried is currently serving time at the Federal Correctional Institution (FCI) Terminal Island.

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Positive
cover-imageBitcoin
April 20, 2025

Charles Schwab CEO's Crypto Countdown: ‘12 Months' Until Takeoff

The Charles Schwab Corporation announced plans to launch direct spot cryptocurrency trading within the next year, capitalizing on regulatory shifts and client demand, while navigating macroeconomic turbulence marked by Fed rate uncertainty and tariff-related market volatility.

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