The community questioned Bybit’s timing in revealing their exposure now and many demanded proof to back up the reassurance from the CEO.
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Access real-time blockchain and cryptocurrency news updates from around the globe.
Crypto becomes second most widely-owned asset class for women: eToro survey
While crypto is dubbed as the worst-performing asset class in the last year, global investors owning crypto rose from 36% to 39% on a quarter-on-quarter basis.
FTX reboot could falter due to long-broken user trust, say observers
Crypto industry observers have questioned whether customers or investors will ever want to "come near" FTX again.
FTX reboot could falter due to long-broken user trust, say observers
Crypto industry observers have questioned whether customers or investors will ever want to "come near" FTX again.
FTX reboot could falter due to long-broken user trust, say observers
Crypto industry observers have questioned whether customers or investors will ever want to "come near" FTX again.
Nifty News: Trump NFTs surge 800%, Yuga Labs blacklists NFT exchanges, and more
Donald Trump’s NFT collection started out strong but then started looking lifeless up until a few days ago.
Ransom refusals hit attackers where it hurts: 40% revenue drop in 2022 — Chainalysis
A number of industry pundits believe the U.S. Office of Foreign Assets Control’s threat to impose sanctions has victims thinking twice about paying up.
Ransom refusals hit attackers where it hurts: 40% revenue drop in 2022 — Chainalysis
A number of industry pundits believe the U.S. Office of Foreign Assets Control’s threat to impose sanctions has victims thinking twice about paying up.
Daring drive-by at SBF’s: 3 men drove into barricade and fled: Lawyers
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Three men reportedly drove their car into the metal barricade outside Sam Bankman-Fried’s parent’s home where he is currently under house arrest, SBF’s lawyers claim.
In a filing to the federal court, the lawyers for the former FTX CEO said the three men got out of the car after hitting the barricade and told a security guard guarding the home: “You won’t be able to stop us.”
The unidentified trio were then able to drive away before security guards could record the car’s license plate.
Daring drive-by at SBF’s: 3 men drove into barricade and fled: Lawyers
The lawyer’s didn’t specify the date or time at which the incident took place, and claimed the security personnel were unable to get the license plate details.
Daring drive-by at SBF’s: 3 men drove into barricade and fled: Lawyers
The lawyer’s didn’t specify the date or time at which the incident took place, and claimed the security personnel were unable to get the license plate details.
Former FTX chief lawyer claims US legal counsel channeled business to S&C
The former chief regulatory officer of FTX has supported a motion that would stop FTX from using Sullivan & Cromwell LLC as its lead bankruptcy counsel.
Crypto could solve venture capital's due diligence problem — VC exec
Due diligence has always been an issue in the venture capital space according to a VC executive, but crypto offers a solution: A public and immutable ledger.
Samsung’s Bitcoin ETF, $700M bust, Coinbase exits Japan: Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments.
Samsung’s new Bitcoin ETF
On Jan. 13, Samsung Asset Management, a wholly-owned subsidiary of the namesake South Korean conglomerate, successfully listed the Samsung Bitcoin Futures Active ETF on the Hong Kong Stock Exchange. According to local news outlet Edaily, the ETF debuted under the ticker 3135:HK and seeks to replicate the performance of spot Bitcoin by investing in Bitcoin futures listed on the Chicago Mercantile Exchange (CME).
The ETF will also simplify the procedures for investors seeking exposure to regulated Bitcoin products in the Asia-Pacific time zone. Park Seong-jin, head of Samsung Asset Management’s Hong Kong office, commented:
“Hong Kong is the only market in Asia where Bitcoin futures ETFs are listed and traded in the institutional market. It will be a new option for investors who are interested in Bitcoin as a competitive product that reflects their experience in risk management and risk management.”
North Korean hackers launder 41K ETH
As revealed by blockchain sleuth ZachXBT on Jan. 16, hackers linked to the North Korea-backed Lazarus Group moved close to 41,000 Ether ($63.5 million) from the Harmony bridge hack to Railgun, a platform that uses zero-knowledge technology to obfuscate blockchain transactions.
Samsung’s Bitcoin ETF, $700M bust, Coinbase exits Japan: Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments.
Samsung’s new Bitcoin ETF
On Jan. 13, Samsung Asset Management, a wholly-owned subsidiary of the namesake South Korean conglomerate, successfully listed the Samsung Bitcoin Futures Active ETF on the Hong Kong Stock Exchange. According to local news outlet Edaily, the ETF debuted under the ticker 3135:HK and seeks to replicate the performance of spot Bitcoin by investing in Bitcoin futures listed on the Chicago Mercantile Exchange (CME).
The ETF will also simplify the procedures for investors seeking exposure to regulated Bitcoin products in the Asia-Pacific time zone. Park Seong-jin, head of Samsung Asset Management’s Hong Kong office, commented:
“Hong Kong is the only market in Asia where Bitcoin futures ETFs are listed and traded in the institutional market. It will be a new option for investors who are interested in Bitcoin as a competitive product that reflects their experience in risk management and risk management.”
North Korean hackers launder 41K ETH
As revealed by blockchain sleuth ZachXBT on Jan. 16, hackers linked to the North Korea-backed Lazarus Group moved close to 41,000 Ether ($63.5 million) from the Harmony bridge hack to Railgun, a platform that uses zero-knowledge technology to obfuscate blockchain transactions.
Samsung’s Bitcoin ETF, $700M bust, Coinbase exits Japan: Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments.
Samsung’s new Bitcoin ETF
On Jan. 13, Samsung Asset Management, a wholly-owned subsidiary of the namesake South Korean conglomerate, successfully listed the Samsung Bitcoin Futures Active ETF on the Hong Kong Stock Exchange. According to local news outlet Edaily, the ETF debuted under the ticker 3135:HK and seeks to replicate the performance of spot Bitcoin by investing in Bitcoin futures listed on the Chicago Mercantile Exchange (CME).
The ETF will also simplify the procedures for investors seeking exposure to regulated Bitcoin products in the Asia-Pacific time zone. Park Seong-jin, head of Samsung Asset Management’s Hong Kong office, commented:
“Hong Kong is the only market in Asia where Bitcoin futures ETFs are listed and traded in the institutional market. It will be a new option for investors who are interested in Bitcoin as a competitive product that reflects their experience in risk management and risk management.”
North Korean hackers launder 41K ETH
As revealed by blockchain sleuth ZachXBT on Jan. 16, hackers linked to the North Korea-backed Lazarus Group moved close to 41,000 Ether ($63.5 million) from the Harmony bridge hack to Railgun, a platform that uses zero-knowledge technology to obfuscate blockchain transactions.