News list for " posted"
On February 24th, Infini founder @Christianeth posted on the X platform that 70% of the stolen 50 million dollars belong to big family friends who know each other. At present, they have communicated one by one and will bear the possible losses and settle privately. The remaining funds will be re-invested in infini vault before next Monday. Everything is business as usual. The funds are ready. In the middle, they will respond to any withdrawal needs. It will take some time to upgrade and restart ...
Bybit posted that ETH reserves are close to 100% and deposits and withdrawals are back to normal. We know where the money is going and are committed to turning this experience into an opportunity to strengthen the ecosystem. Steps are being taken to help the crypto space grow.
On February 24th, Bybit CEO Ben Zhou wrote that the Bybit exchange has fully filled the previous Ethereum reserve gap, and the new Proof of Reserve (POR) audit report will be released soon.
Chain analyst Ali Yu X wrote that the whales have sold more than 78 million OM in the past week.
Bybit posted on the X platform, "Through coordinated efforts, $42.89 million was frozen in just one day. Thanks to the following teams for their prompt action: Tether: Mark the address and freeze 181,000 USDT THORChain: blocked the blacklist ChangeNOW: Freeze 34 ETH FixedFloat: Freeze 120,000 USDC + USDT Avalanche: 0.38755 BTC frozen CoinEx Global: Blocking Blacklists and Providing Key Insights Bitget: Blocked blacklist and froze 84 USDT Circle: Helps connect and provide vital clues Thanks...
On February 23rd, Bitinning founder Kashif Raza wrote on the X platform that if a bank was hacked and stole $1.40 billion, the follow-up process will be: freeze withdrawals, notify the government, establish an investigative committee, investigate for many years, close branches, and lose to competitors. In contrast, the process after the Bybit exchange was hacked is: CEO live broadcast, industry alliance, competitor support, everything returns to normal after 1 hour, and the industry starts track...
Bybit CEO Ben Zhou posted on social media that it detected hackers trying to transfer BTC through Chainflip. It is hoped that the cross-chain bridge project will help Bybit prevent and prevent further transfer of assets to other chains. Bybit will soon issue a bounty program to anyone who helps it block or track down funds leading to recovery.
Ethena Labs founder @leptokurtic_ posted on the X platform that the past 24 hours have been very difficult, Ethena Labs handled the largest redemption volume in a single day and lifted all unrealized exposures to Bybit within an hour after the incident, USDe has never been under-collateralized, even if the unrealized exposures to Bybit did not drop to zero within an hour, USDe is still over-collateralized status, hoping that this incident can verify some design decisions made to reduce the risk ...
Dr. Han, founder of Gate, said in a post on the X platform that criminals have recently been found to imitate my X account. Please confirm the authenticity and avoid misinformation. Always be vigilant to protect the security of personal information.
"We have reported this case to the relevant authorities and will send an update as soon as we have any further information," Bybit said in a post on the X platform. "Fortunately, we have worked quickly and extensively with on-chain analytics providers to identify and isolate the addresses involved. These actions will effectively prevent hackers from selling ETH through the legitimate market and reduce their access to dispose of assets."
Ethena Labs posted, "We are aware of the current situation at Bybit and will continue to monitor developments. A reminder: All USDe-backed spot assets are held in OTC custody solutions, including ByBit through Copper Clearloop, for precisely this reason. No exchange (including Bybit) holds a dollar of spot-backed value. Currently, the total unrealized gain and loss associated with Bybit's hedged positions is less than $30 million, less than half of the reserves. Currently, USDe's collateral rati...
Zhu Su posted on the X platform that he finally received the compensation from FTX. After two and a half years, he was happy to get the money back, but he had just deposited it into Bybit.
Bybit posted on the X platform, "Bybit detected unauthorized activity involving one of our ETH cold wallets. At the time of the incident, our ETH multi-signature cold wallet was transferring money to our hot wallet. Unfortunately, the transaction was manipulated through a sophisticated attack that obscured the signature interface...
According to TheBlock, the Hong Kong Securities Supervision Commission (SFC) released a new roadmap on the 19th, planning to launch 12 new initiatives including crypto ETF pledging. The Hong Kong Securities Supervision Commission is actively negotiating with compliance trading platforms on ETF pledging, tokenized money market funds and Earn functions. According to Alessio Quaglini, CEO of Hex Trust, institutional pledging will be a key area of focus in 2025. GaryTiu, executive director of licens...
Robbie Ferguson, co-founder of Immutable, wrote in an X post: "Last month, I had several conversations with game companies with market capitalisation of over $1 billion, including public companies, who are now actively considering launching a token. Twelve months ago, they wouldn't even be discussing it. 2025 compresses four years of development to one year."
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