Bybit, a major cryptocurrency exchange, is moving to shore up approximately $1.5 billion worth of Ether (ETH) through loans after funds were stolen by North Korea-linked Lazarus Group, according to industry analyst Eric Wall.  Per Wall’s analysis in a February 21 X post, the exchange’s decision to take out loans instead of liquidating its assets…

Blockchain investigator ZachXBT has linked the recent $1.46 billion Bybit hack to North Korea’s Lazarus Group, according to a submission made to Arkham Intelligence at 19:09 UTC.  Notably, the finding, which includes an extensive forensic analysis of wallet movements and test transactions, has been shared with Bybit’s security team to support its ongoing investigation. BREAKING:…

Societe Generale-FORGE (SG-FORGE), a subsidiary of Societe Generale [a top commercial bank in France], has announced the expansion of its euro-backed stablecoin (EURCV) to the Stellar blockchain.  Notably, the move aims to enhance accessibility, speed, and efficiency for financial institutions and businesses leveraging digital assets. The decision aligns with the company’s multichain strategy, integrating the…

Russia’s bitcoin mining ban has reduced Siberia’s power grid strain, freeing up 300 MW and preventing outages. Learn how restrictions impact energy stability. Bitcoin Mining Ban Improve Energy Stability The Russian government’s ban on bitcoin mining has eased the strain on the Siberian power grid, preventing power shortages in a region prone to harsh winters.…

MARA Holdings Inc. acquires a Texas wind energy farm to power bitcoin mining with renewable energy, reducing costs and boosting sustainability. Bitcoin Miner MARA Invests in Wind Energy to Cut Costs and Reduce Environmental Impact MARA Holdings Inc. (Nasdaq: MARA) has acquired a wind farm in Hansford County, Texas, to power its bitcoin mining operations…

Japan's Financial Services Agency (FSA) has approved new stablecoins regulations to enhance user protection, increase collateral flexibility, and safeguard assets during crypto exchange bankruptcies. Learn more about the latest policy changes. Japan’s Financial Services Agency (FSA) has approved new measures to enhance user protection in the stablecoin market, increasing collateral flexibility and improving safeguards during…

Bybit, the second-largest crypto exchange in the industry, has lost $1.46 billion to a sophisticated attack on its cold wallet.  Ben Zhou, the CEO of the Exchange, confirmed the attack on his X page, sharing details of the hack and revealing that the hack took place during a transfer from Bybit’s ETH multi-sig wallet to…

The US SEC has agreed to drop its lawsuit against Coinbase, pending Commissioner approval, marking a shift in crypto regulation.

DeepSeek will release five open-source code repositories next week to enhance transparency and tackle accusations of copying Silicon Valley tech.

Sam Bankman Fried (SBF), the Acerated Founder of the Now-Defunct FTX Exchange, revealed that the Exchange was never bankrupt but suffered a liquidity crisis.  In an interview from Prison, SBF  stated that the exchange had sufficient assets to repay all its customers. However, the repayment process was hindered by a Market Panic resulting from a liquidity…