Author: Yeek.io

The lion’s share of the hacked Bybit funds is still traceable after the historic cybertheft, as blockchain investigators continue their efforts to freeze and recover these funds.The crypto industry was rocked by the largest hack in history on Feb. 21, when Bybit lost over $1.4 billion in liquid-staked Ether (stETH), Mantle Staked ETH (mETH) and other digital assets.Blockchain security firms, including Arkham Intelligence, have identified North Korea’s Lazarus Group as the likely culprit behind the Bybit exploit, as the attackers have continued swapping the funds in an effort to make them untraceable.Despite the Lazarus Group’s efforts, over 88% of the…

Cryptocurrency wallet providers are getting more sophisticated, but so are bad actors — which means the battle between security and threats is at a deadlock, says a hardware wallet firm executive.“It will always be a cat and mouse game,” Ledger chief experience officer Ian Rogers told Cointelegraph when describing the constant race between crypto wallet firms adding new security features and hackers finding more advanced ways to access victims’ wallets.Rogers said, unfortunately, the most straightforward scams work best because scammers rely on people making simple mistakes.“People give their 24-word phrases to people every day, so as long as that happens,…

Tether, the $143-billion stablecoin giant, was the world’s seventh-largest buyer of US Treasurys, surpassing some of the world’s largest countries.Tether, the issuer of USDt (USDT), the world’s largest stablecoin, was the world’s seventh-largest US Treasury buyer, surpassing Canada, Taiwan, Mexico, Norway, Hong Kong and numerous other countries.The stablecoin issuer acquired over $33.1 billion worth of Treasurys, compared to over $100 billion purchased by the Cayman Islands in the first place in global rankings, according to Paolo Ardoino, CEO of Tether. “Tether was the 7th largest buyer of US Treasurys in 2024, compared to Countries,” wrote Ardoino in a March 20 X…

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Some crypto traders might see Ethereum’s price decline as a bad sign for their investments and could be pondering if they should offload their holdings. Meanwhile, whales view the altcoin’s price dip as an opportunity that they must seize…

The crypto industry is set to debut the first Solana futures exchange-traded fund (ETF), a significant development that may pave the way for the first Solana spot ETF as the “next logical step” for crypto-based trading products, according to industry watchers.Volatility Shares is launching two Solana (SOL) futures ETFs, the Volatility Shares Solana ETF (SOLZ) and the Volatility Shares 2X Solana ETF (SOLT), on March 20.The debut of the first Solana futures ETF may bring significant new institutional adoption for the SOL token, according to Ryan Lee, chief analyst at Bitget Research.Volatility Shares Solana ETF SEC filing. Source: SECThe analyst…

DOGE whales increased their total holdings from 10.28 billion to 10.51 billion over the last 7 days Memecoin’s price dropped by 24% from $0.220 on 3 March to $0.168 on 21 March Dogecoin [DOGE] has always been a high-volatility asset, but recent whale activity may be a sign of growing confidence in its long-term potential. Over the past week, large investors have accumulated over 120 million DOGE, despite a significant price decline. This behavior raises critical questions about its market implications. Could these whales be positioning themselves for a price recovery? Well, research indicated that whales holding 1,000,000 – 10,000,000…

Opinion by: Ido Ben Natan, co-founder and CEO of BlockaidCentralized exchanges (CEXs) have controlled what people can trade for years. If a token wasn’t listed on major exchanges, it didn’t exist for most users. That system worked when crypto was small. But today? It’s completely broken.The rise of Solana-based memecoins, the popularization of projects like Pump.fun and developments in AI-driven token creation are driving the creation of millions of new tokens each month. Exchanges have not evolved to keep up. That must change. Coinbase CEO Brian Armstrong recently weighed in on the topic, saying that exchanges must shift from an allowlist…

Onchain sleuth ZachXBT said he had identified the mysterious whale who made $20 million in profits from highly leveraged trades on Hyperliquid and GMX as a British hacker known as William Parker.According to ZachXBT’s March 20 X post, Parker — who was previously known as Alistair Packover before changing his name — was arrested last year for allegedly stealing around $1 million from two casinos in 2023. Parker also made headlines a decade ago for allegations of hacking and gambling, ZachXBT said.“It is abundantly clear WP/AP has not learned his lesson over the years after serving time for fraud and will…

Most of the last trading week presented another stale price action in the Bitcoin (BTC) market undergoing a sustained consolidation. While the premier cryptocurrency recorded a price breakout on March 20 to reclaim the $87,000 price zone, selling pressure soon forced a return to below $84,700,  resuming a sideways movement. Meanwhile, Bitcoin’s price action over the past few months has created a bullish pattern hinting at a substantial price breakout. Bitcoin Falling Wedge Signals Another Major Rally- How High Can BTC Fly? In a recent post on X, a digital asset market analyst with the username Mister Crypto provided some…

Ethereum co-founder Joe Lubin discussed the future of the smart contract network at the Digital Asset Summit and said layer-2 (L2) scaling networks would continue to be central to the Ethereum ecosystem.In an exclusive interview with Cointelegraph’s Turner Wright, Lubin said applications will require next-generation databases powered by high-throughput blockchain technologies. The Ethereum co-founder added:“The Ethereum ecosystem is so big and so mature that it will be best for new kinds of databases — new kinds of layer 2 networks — to set up shop, as layer 2s of Ethereum. We have our own that has some great characteristics called…