On February 24th, the Babylon Foundation X account was established and posted "Hello World" for the first time, or hinted at the upcoming TGE.
On-chain detective ZachXBT posted on social media that the 50 million USDC stolen from Infini was fully cashed within 40 minutes. Where is the Circle 24/7 emergency response team? By the way, I forgot, they don't exist at all, because Circle knowingly supports this kind of behavior.
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, crypto data analytics company Bitrace issued a warning that after Bybit suffered a $1.50 billion hack, there will be a large-scale freeze for OTC groups and crypto payment companies in the next few months. Bitrace research shows that in addition to using unlicensed industry infrastructure for fund laundering, the hacker group also uses a large number of centralized platforms for dumping, which directly leads to a large number of exchange user accounts that deliberately or unint...
On February 24th, CryptoQuant CEO Ki Young Ju wrote an analysis that the traditional bitcoin-driven crypto-asset rotation model has ended due to the influence of regulation and institutional adoption. He used the "climate change" metaphor to illustrate that "the'rainy season 'has completely disappeared, leaving only occasional drizzle." The new funds will mainly flow into the market through stablecoins or widely accepted high-cap tokens, rather than the traditional full-scale counterfeit product...
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.
According to Lookonchain, Bybit has purchased 266,694 ETH ($742 million) since the hack. Among them, 0x2E45... 1b77 (related to Bybit) purchased 157,660 ETH (437.82 million USD) from Galaxy Digital, FalconX, Wintermute via OTC. 0Xd7CF... A995 (possibly related to Bybit) bought 109,033 ETH ($304.12 million) from DEX and CEX.
Safe.eth posted on the X platform that the Safe Wallet team is working hard to restore the service and will start rolling out the service in stages over the next 24 hours. The restored Safe Wallet includes additional security measures: - Additional verification of transaction hashes, data, and signatures - Enhanced monitoring alerts Temporarily remove the native Ledger integration, as this is the signing device/method used in the Bybit target attack After recovery, users may experience slightly ...
On-chain analyst Ali Yu said in a post that DOGE network activity has dropped to its lowest level since October 2024. Currently, the number of active addresses per day is less than 60,000, and the number of whale transactions has also decreased significantly, with only 66 transactions.
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, MicroStrategy founder Michael Saylor once again released information about Bitcoin Tracker, saying: "I don't think it reflects what I did last week." According to previous rules, MicroStrategy always discloses the increase in bitcoin holdings the day after the relevant news is released.
Bybit posted a reminder on the X platform that fraudsters will impersonate Bybit employees, reminding the community to be vigilant. Bybit will never ask for personal information, deposits or passwords. Be sure to carefully check official sources and report any suspicious situations. If you feel there is a problem, it is likely that there is a problem. Be careful.
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...