The Senate Committee on Banking, Housing and Urban Affairs has scheduled a crypto hearing next Wednesday to explore “bipartisan legislative frameworks” for the digital asset sector.

"With this level of unity in this space, we know we'll come back even stronger,” CEO Ben Zhou said following the outpouring of support.

The cryptocurrency market is booming, and cloud mining is becoming one of the easiest ways to earn passive income. With more and more countries accepting digital currencies such as Bitcoin (BTC), Tether (USDT), and Litecoin (LTC), now is the best time to seize this lucrative opportunity.

Binance co-founder and former CEO Changpeng Zhao warns of new hack patterns targeting multi-sig cold storage solutions in crypto exchanges.

A payroll staffer at WeChain Fintech stole $5.7 million from Bybit by faking salary payments and transferring cryptocurrency into personal wallets.

The record-breaking $1.4 billion Bybit hack displays the “increasingly creative exploits” seen in the crypto industry, Halborn's co-founder told Cointelegraph.

Bybit is putting $140 million on the table for anyone who can help recover the $1.5 billion in stolen crypto from the biggest hack in history.

The following is a guest post from Steven Pu, Co-founder of Taraxa. There's no question about it, President Trump's inauguration is a watershed moment for American crypto innovators.

John Reed Stark has highlighted the U.S. Securities and Exchange Commission's (SEC) decision to scale back crypto-related enforcement as a critical factor contributing to increasing security risks in the digital asset sector. His comments come in the wake of a hack targeting crypto exchange Bybit, where North Korean hackers allegedly stole $1.5 billion in customer

The $1.4 billion hack represents the single biggest crypto heist in history as the North Korean Lazarus hacking group strikes again.

Bybit has announced a $140 million Recovery Bounty Program seeking to enlist cybersecurity and crypto analytics experts to track down the perpetrators of the largest crypto heist in history. Contributors stand to earn up to 10% of the recovered funds, potentially amounting to $140 million if the full sum is retrieved.

Bybit has launched a recovery bounty program offering rewards for retrieving stolen cryptocurrency funds. Crypto Exchange Bybit Initiates Recovery Bounty The Dubai-based cryptocurrency exchange, Bybit, has initiated a recovery bounty program following a security breach that compromised ETH valued at over $1.4 billion. The program promises a reward equal to 10% of recovered funds.

After Coinbase, will SEC drop its enforcement actions against Ripple and Binance too?

In a positive development for the crypto industry, the US Securities and Exchange Commission (SEC) plans to end its 20-month-long legal battle against crypto exchange platform Coinbase and withdraw the enforcement case, a shift from the agency's previous “regulation by enforcement” approach.

Recoveries from hacks by the Lazarus Group are rare, but possible: $30 million was recovered from the group's hack of the Ronin Bridge.

Kaito AI's massive $1B+ token launch skipping traditional venture capital, signals a new era. But is this innovation or just another way to offload risk onto retail investors?

The third week of February saw major investments in security and infrastructure, with Blockaid leading the way with a $50 million Series B round.

From rapid withdrawals to social media's real-time breakdown, here's how Bybit's record-breaking $1.4 billion hack took shape.

Bybit is offering 10% of the contributions through a recovery bounty program.

The crypto industry has just experienced a strategic twist. Franklin Templeton, a giant in asset management, is launching its Bitcoin & Ether ETF (EZPZ), a bold move that redefines access to cryptocurrencies.

A former payroll processing staff member at Bybit, Ho Kai Xin, has recently been sentenced to nine years and 11 months in jail on February 20. The charges stemmed from her fraudulent activities that involved defrauding ByBit Fintech, a Seychelles-based cryptocurrency exchange, of over $5.7 million.

Hackers potentially took control of the official X account of Myanmar's military junta leader on Saturday, using it to promote a fraudulent cryptocurrency.

The recent Bybit hack through which the notorious Lazarus Group stole $1.4 billion in ETH has triggered alarm in the crypto space. Binance founder Zhangpeng Zhao took to X to reflect on increasing crypto thefts, including the massive Bybit heist.

A widely followed analyst is leaning bullish on a memecoin built in the Solana (SOL) ecosystem but with reservations.

Kanye West, now known as Ye, has denied any involvement with the YZY tokens circulating in the market, asserting that he will introduce his own cryptocurrency next week.

First the Wazirx hack, then the Phemex crypto heist, and now the Bybit $1.4 billion hack all that in a short time. One after the other security breach has raised serious concerns about user safety, causing fear and panic among crypto users.

On-chain investigator ZachXBT has identified North Korea's Lazarus Group as the team behind the billion-dollar Bybit hack, winning a 50k ARKM bounty for solving the case.

Bybit's assets fell by more than $5B after its $1.4 billion hack on Feb. 21, but independent audits confirm its reserves still exceed liabilities, ensuring full backing for user funds.

Crypto mining firm BitFuFu has acquired a data center in Oklahoma for $20 million. According to reports, the NASDAQ-listed firm revealed that it has signed a definitive agreement, making it one of the majority owners of the operational Bitcoin mining data center.

In a groundbreaking move that can redefine artificial intelligence (AI) monetization, IQ AI on Friday officially launched the Agent Tokenization Platform (ATP). Launched in collaboration with NEAR and Fax, the revolutionary platform aims to empower AI developers, businesses, and individual users by enabling the seamless tokenization and monetization of AI models through blockchain technology.

The following is a guest post from Shane Neagle, Editor In Chief from The Tokenist. Value is driven by many narratives, which compete for supremacy.

In a significant security breach, Bybit, one of the leading cryptocurrency exchanges, found itself at the center of a devastating hack. The attackers made off with a staggering $1.5B worth of ETH, sending shockwaves throughout the crypto space.

The United States Department of Justice (DOJ) has extradited a Brazilian national to the United States of America from Switzerland over a $290 million cryptocurrency fraud scheme between 2016 and 2021.

On February 21, 2025, a $1.4 billion breach struck Bybit, a major player in the cryptocurrency exchange sector, alarming the entire industry. Blockchain investigator ZachXBT quickly identified the Lazarus hacker Group, the infamous state-sponsored hacking team from North Korea, as the culprits behind the scheme.

The crypto market took a hit as $566 million was liquidated in just one day. Major altcoins like XRP, Solana (Sol), Dogecoin (DOGE), & Shiba Inu (SHIB) all plunged into the red. The global crypto market cap also dropped by 2% now sitting at 3.17 trillion.

Onchain evidence following the $1.4 billion Bybit hack has linked North Korea's Lazarus Group to the Phemex hack in January, according to ZachXBT.

In the largest hacking event in the history of the cryptocurrency industry, Bybit has lost approximately $1.4 billion in stETH, mETH, and ERC-20 tokens. The incident has sent shockwaves across the industry. It proves that even centralised exchanges with strong security tools are vulnerable to cyberattacks.

Kanye West announced he will launch a coin next week and all current coins are fake. Kanye recently launched YZY token as the official currency for his Yeezy brand.

The European Central Bank enhances financial market efficiency by developing a settlement system for distributed ledger technology transactions using fiat currency.

The incident underscores the critical need for enhanced security measures in the crypto industry to prevent future large-scale breaches. The post Bybit fully restores withdrawal system following biggest crypto hack of all time—latest updates appeared first on Crypto Briefing.

Bybit has seen a sharp decline in its asset reserves, losing over $5 billion within 24 hours after suffering a $1.5 billion hack.

Kanye West, now known as Ye, is shifting his focus from music and fashion to cryptocurrency.

The $1.4 billion hack was caused by similar attack vectors as the $230 million WazirX hack and the $58 million Radiant Capital hack, according to Cyvers.

"At Bitget we strongly believe in supporting the community and everyone contributing towards the growth of crypto," company CEO Gracy Chen told CoinDesk.

The former CEO of FTX, sentenced to 25 years in prison for massive fraud, is attempting a bold approach to regain his freedom. His parents are actively campaigning with the Republican camp to obtain a presidential pardon from Donald Trump.

An Indian national has been apprehended by the Anti-Narcotics Cell division in Gurugram, Haryana, for using cryptocurrency to procure the psychedelic drug LSD.

What if you could put your crypto to work instead of letting it just sit in your wallet? That's the magic of crypto lending and borrowing. It's like traditional loans but with a digital twist. If you're curious about how it works, you're in the right place. Let's break it down together.

Say you're at a party. Some people are talking about Bitcoin, others about Ethereum, and a few about Solana. They're all excited about their own blockchains. But here's the catch—these blockchains don't naturally talk to each other. It's like a room full of people speaking different languages with no translator.