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news-imageFebruary 21, 2025

Vitalik Buterin and the drift of the blockchain towards gambling

Blockchain and gambling: a growing combination
Publisher: The Cryptonomist
Sentiment: Neutral
General

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Positive
cover-imageBitcoin
February 22, 2025

ECB Expands Digital Asset Settlement—A Major Shift in European Finance

The European Central Bank is advancing its digital asset settlement strategy, aiming to streamline transactions, enhance security, and strengthen financial stability across European markets. Digital Asset Settlement Transformed as ECB Embraces DLT Solutions The European Central Bank (ECB) announced on Feb.

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Negative
cover-imageCryptopolitan
February 22, 2025

Analysts blame deregulation for $1.5 billion Bybit hack

Crypto traders woke up to big wins and bigger losses on Friday. Just as Coinbase celebrated the SEC dropping its lawsuit, Bybit got drained of $1.5 billion, the biggest crypto theft ever recorded.

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Negative
cover-imageCoincu
February 22, 2025

Lazarus Group Behind Bybit's $1.4 Billion Hack: Reports

Security researchers have linked the North Korean Lazarus Group to a record-breaking $1.4 billion breach of cryptocurrency exchange Bybit, marking one of the largest crypto heists in history.

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Negative
cover-imageBitcoin
February 22, 2025

Bybit Faces Historic Withdrawals—350K Requests and Counting

Bybit scrambled to process over 350,000 withdrawal requests after a massive hack, with executives calling it possibly the worst financial breach ever. Bybit in Crisis Mode—350,000 Withdrawals Flood the System Ben Zhou, CEO of crypto exchange Bybit, provided an update on social media platform X on Feb.

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Neutral
cover-imageCryptonews
February 21, 2025

U.S. Digital Assets Sub-Committee to Hold Hearing on Bipartisan Crypto Legislation

The U.S. Senate Banking Committee is set to revisit U.S. Crypto regulations in a February 26 hearing. Lawmakers and industry experts, including representatives from Kraken and Lightspark, will debate stablecoins, market structure, and a proposed Bitcoin reserve to shape future digital asset policies. The post U.S. Digital Assets Sub-Committee to Hold Hearing on Bipartisan Crypto Legislation appeared first on Cryptonews.

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Negative
cover-imageCryptoSlate
February 21, 2025

North Korea's Lazarus Group now using crypto gifts to breach security defenses

The North Korean-linked Lazarus Group has adopted a new method of breaching crypto firms: sending cryptocurrency to their targets as part of an elaborate social engineering scheme. According to 23pds, the pseudonymous Chief Information Security Officer (CISO) at Web3 security firm SlowMist, this tactic aims to gain the victim's trust before deploying malicious code.

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Positive
cover-imageThe Daily Hodl
February 21, 2025

Three Altcoins Skyrocket in Hours After Going Live on Top US Crypto Exchange Coinbase

A decentralized oracle provider and two artificial intelligence (AI)-focused altcoins surged just hours after going live on top US-based crypto exchange platform Coinbase. The data reveals that Chainlink (LINK) rival Pyth Network (PYTH) and AI-based projects Kaito (KAITO) and Bittensor (TAO) all saw significant increases in price after gaining support from Coinbase.

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Negative
cover-imageBeInCrypto
February 21, 2025

North Korea's Lazarus Group Was Behind the Bybit Hack

An on-chain investigation proved that the Bybit hack earlier today was carried out by the infamous North Korean Lazarus Group. As previous incidents showed, it will be nearly impossible to recover funds from these hackers.

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Negative
cover-imageCryptonews
February 21, 2025

SafeMoon CTO Thomas Smith Pleads Guilty to Massive Crypto Fraud Scheme

SafeMoon CTO Thomas Smith pleads guilty to securities and wire fraud conspiracy, reversing his 2023 plea amid allegations of misappropriated investor funds and luxury spending. The post SafeMoon CTO Thomas Smith Pleads Guilty to Massive Crypto Fraud Scheme appeared first on Cryptonews.

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Negative
cover-imageCoingape
February 21, 2025

4 Altcoins to Never Buy This Cycle

The crypto market has seen a bearish trend recently, causing significant liquidation in various assets. Among the altcoins to avoid this cycle are MELANIA, CAR, and LIBRA WIF.

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Positive
cover-imageBitcoin
February 21, 2025

Societe Generale-Forge Launches MiCA-Compliant Euro Stablecoin on Stellar

Societe Generale-Forge (SG-FORGE) has chosen the Stellar blockchain to launch its MiCA-compliant euro stablecoin (EURCV). Stellar Network to Host Societe Generale-Forge's Euro-Backed Stablecoin Societe Generale-Forge (SG-FORGE) has expanded its multichain strategy by launching its EUR-backed stablecoin (EURCV) on the Stellar network.

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Negative
cover-imageNewsBTC
February 21, 2025

North Korean Lazarus Group Identified As Culprit In Bybit's Historic $1.5 Billion Hack

In a significant blow to the cryptocurrency industry, Bybit, one of the leading crypto exchanges, has confirmed a major security breach involving its Ethereum cold wallet. The incident, reported on Friday by Bitcoinist, marks one of the largest cryptocurrency hacks in history, with losses estimated at over $1.5 billion.

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Negative
cover-imageCryptopolitan
February 21, 2025

North Korea's Lazarus Group exposed as the group behind Bybit hack

Bybit got ripped apart by hackers today, and now we know exactly who did it. The infamous Lazarus Group, North Korea's state-backed cybercriminal syndicate, has been exposed as the masterminds behind the $1.5 billion Bybit exploit, which is the largest crypto theft in history.

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Negative
cover-imageCryptonews
February 21, 2025

South Korean “Jonbur Kim” Park, ‘Coin King,' Re-Arrested for $47M Crypto Fraud After Bail Release

South Korea's "Jonbur Kim" Park, the "Coin King," has been re-arrested for a $47M crypto fraud scheme involving Artube coin manipulation. Prosecutors accuse him of deceiving investors, inflating token prices, and bribing exchange officials, just weeks after being released on bail for a separate fraud case. The post South Korean “Jonbur Kim” Park, ‘Coin King,' Re-Arrested for $47M Crypto Fraud After Bail Release appeared first on Cryptonews.

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