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Sygnum Integrates With Deribit to Enhance Secure Crypto Derivatives Trading

Sygnum, a regulated digital asset banking group, has expanded its off-exchange custody platform, Sygnum Protect, to include Deribit, the world’s largest crypto derivatives exchange.  Notably, the integration allows institutional traders to access Deribit’s liquidity while maintaining custody of their assets in a regulated banking environment. The move, announced on March 5, aims to mitigate counterparty…
March 5, 20250Comments

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safe safe{wallet} cz
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Safe Reveals How Lazarus Breached Bybit—CZ Calls for More Transparency

In a February 26 statement on X, Safe{Wallet} confirmed that the recent attack on Bybit was executed by the Lazarus Group, a North Korean state-sponsored hacking organization.  Significantly, the breach was facilitated through a compromised Safe{Wallet} developer machine, allowing the attackers to propose a malicious transaction affecting an account operated by Bybit. https://t.co/9zhPMCmGbB — Safe.eth…
February 26, 20250Comments

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phantom acquires simplehash
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Phantom Acquires SimpleHash to Enhance Real-Time Token Data for Users

Phantom, a popular crypto wallet service provider, has acquired blockchain data platform SimpleHash, marking its third acquisition in eight months.  Notably, the move aims to improve the accuracy and performance of token data for Phantom users, enhancing their experience in tracking digital assets. SimpleHash is known for its real-time blockchain insights and supports over 80…
February 26, 20250Comments

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bybit
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Bybit Closes $1.5B ETH Hack Gap

Bybit has fully restored its Ethereum (ETH) reserves after a devastating $1.5 billion hack on February 21, according to CEO Ben Zhou.  Notably, the exchange plans to release an audited proof-of-reserve (PoR) report to confirm that client assets are once again held at a 1:1 ratio using a Merkle tree verification system. Latest Update: Bybit…
February 24, 20250Comments

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zachxbt arkham bounty bybit hack
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ZachXBT To Claim Arkham Bounty for Exposing North Korean Lazarus Group’s Role in Bybit Hack

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:…
February 21, 20250Comments

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tether zengo wallet
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Tether Invests in ZenGo Wallet to Enhance Secure Self-Custody and Boost Stablecoin Adoption

Stablecoin issuer giant, Tether, has made a strategic investment in Zengo Wallet, a self-custodial crypto wallet known for its security and ease of use. Notably, the move highlights Tether’s commitment to promoting stablecoin adoption while enhancing secure digital asset storage solutions. Tether Announces Strategic Investment in Zengo Wallet to Advance Global Stablecoin Adoption Learn more:…
February 11, 20250Comments

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OpenLedger Secures $6B Ether.fi Partnership for AI Development

OpenLedger, a decentralized blockchain platform for artificial intelligence (AI), has partnered with Ether.fi to enhance its network security and scalability. Ether.fi, which manages $6 billion in total value locked (TVL) through its restaking infrastructure, will provide the security foundation necessary for OpenLedger to advance its decentralized AI ecosystem. The collaboration supports OpenLedger’s goal of delivering…
December 17, 20240Comments

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