Restaking and ‘rehypothecation’ are the same but different
You may have heard restaking compared to a risky financial maneuver. That’s not exactly right. There are key differences, with profoundly different types of risk.
Can Ether recover above $3K after Bybit’s massive $1.4B hack?
Bybit’s near $300 million Ether buy may contribute to a potential rally above the $3,000 psychological mark.
Bybit Ether reserves near 50% pre-hack levels after $295M ETH buy
Bybit also received $390 million worth of emergency transfers from other crypto exchanges.
BTC must reclaim $106K before a ‘new round of price discovery’ — Traders
A crypto trader says a move back to $106,000 is needed for Bitcoin to confirm another uptrend. However, some think a dip to $85,000 is still on the table.
ETF approval will help Solana break the ‘memechain’ narrative
Solana’s journey from a memecoin hub to a serious blockchain contender hinges on the approval of a Solana ETF, which would bring institutional trust and unlock its potential for large-scale financial applications like payments and trading.
Ethereum rollback deemed ‘technically intractable’ amid Bybit hack pressure
Ethereum core developer Tim Beiko says that despite growing calls for an Ethereum network rollback, it is “technically intractable.”
Bybit CEO discusses possibility of Ethereum blockchain rollback
Following the Lazarus hack, an online debate erupted about potentially rolling back the Ethereum blockchain to invalidate the stolen funds.
Security execs weigh in on ‘staggering’ scale of record Bybit hack
The record-breaking $1.4 billion Bybit hack displays the “increasingly creative exploits” seen in the crypto industry, Halborn’s co-founder told Cointelegraph.
Bybit expresses deep gratitude for industry support amid $1.4B hack
“With this level of unity in this space, we know we’ll come back even stronger,” CEO Ben Zhou said following the outpouring of support.
Lazarus Group moves funds to multiple wallets as Bybit offers bounty
The $1.4 billion hack represents the single biggest crypto heist in history as the North Korean Lazarus hacking group strikes again.