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bybit ceo hack
CeFi

Bybit Said it Closed $1.5B Gap Left After Largest Crypto Exploit in History

The CEO also released an audited proof of reserves (POR) report proving that the exchange has restored its client's assets.
PumpFun’s In-house DEX Could Spell Doom for Raydium
DeFi

PumpFun’s In-house DEX Could Spell Doom for Raydium

Raydium’s token tanked by over 25% amid fears of the DEX losing market share.
Sonic Brings Back DeFi Summer Vibes as Ecosystem Outperforms Other Layer 1s
Blockchains

Sonic Brings Back DeFi Summer Vibes as Ecosystem Outperforms Other Layer 1s

The blockchain’s activity and TVL are at all-time highs, while its native token bucks the downtrend in the altcoin market.
Altcoins Plunge as Bitcoin Dips Under $95,000
Markets

Altcoins Plunge as Bitcoin Dips Under $95,000

In the past 24 hours, ETH, SOL and XRP are down 5%, 8%, and 4% respectively.
How Coinbase is Bridging Bitcoin to DeFi with New OnChain Lending | Will Robinson, VP of Engineering
Podcast

How Coinbase is Bridging Bitcoin to DeFi with New OnChain Lending | Will Robinson, VP of Engineering

Will Robinson, VP of Engineering at Coinbase, explores the company’s expanding role in decentralized finance (DeFi), highlighting the launch of Bitcoin-backed USDC loans through Morpho and Coinbase’s broader efforts to integrate DeFi solutions.
SEC Launches Cyber Unit to Combat Blockchain Fraud
Regulation & Politics

SEC Launches Cyber Unit to Combat Blockchain Fraud

The Cyber and Emerging Technologies Unit will target cyber-related misconduct, including fraud, hacks, and cybersecurity.
monad testnet
Blockchains

Monad Launches Testnet and Sends Test Tokens to 9 Million Wallets

The performant Layer 1 released its public testnet and armed active Ethereum wallets with ammunition for dApp experimentation.
Solana and Pump.fun Activity Declines as Memecoin Mania Wears Off
Blockchains

Solana and Pump.fun Activity Declines as Memecoin Mania Wears Off

Memecoins have been out of favor since Argentina President Javier Milei touted the Libra rug pull.
Mantle Ecosystem Tokens Drop on Bybit Contagion Concerns
Blockchains

Mantle Ecosystem Tokens Drop on Bybit Contagion Concerns

Mantle’s MNT token is down 17% since the hack was reported.
Safe Wallet Pauses Operations Amid Bybit Security Breach
DeFi

Safe Wallet Pauses Operations Amid Bybit Security Breach

Bybit suffered a security breach on its ETH cold wallet, with the hacker stealing over $1.4 billion.