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Chainflip’s unplanned upgrade strengthens broker-level screening, preventing Bybit hackers from laundering stolen funds through its protocol.
Chainalysis said collaborative security efforts across the crypto community have led to freezing $40 million of stolen funds from the Bybit hack.
Bitcoin fell below $90,000 for the first time since November 2024 as ETF outflows continued, crypto liquidations surpassed $1.3 billion and US-China trade tensions weighed on investor sentiment.
Upbit emphasized that the FIU’s sanctions “may be subject to change” through procedures in accordance with relevant regulations.
Bybit swiftly repaid a 40,000 ETH loan from Bitget, ensuring smooth withdrawals after a $1.4 billion hack attributed to the Lazarus Group.
Bitcoin-stacking Metaplanet bought at $96,185, while El Salvador bought at around $94,050 per Bitcoin.
Large hedge funds playing the ETF arbitrage game are starting to unwind their positions, putting more selling pressure on Bitcoin, says BitMEX co-founder Arthur Hayes.
Former FTX CEO Sam Bankman-Fried said he had not checked his email for the past few hundred days and that being unemployed is a lot less relaxing than it looks.
The directors of the Securities and Exchange Commission’s regional offices will reportedly be soon out of a job as the agency looks to cut costs.
The legislation also requires state pension funds to evaluate investing in crypto exchange-traded funds, and covers the right to self-custody and crypto mining.
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