Quick Take: OKX Suspends DEX Aggregator Amid Security Concerns
OKX said it has implemented new security measures, including a hacker address detection system and real-time transaction tracking to block suspicious activity.
OKX said it has implemented new security measures, including a hacker address detection system and real-time transaction tracking to block suspicious activity.
Bybit’s market share plunged to 5% after a major hack but has since rebounded to 9.04%. Can the exchange fully recover amid security concerns and trust issues?
From Taiwan’s national digital wallet rollout to Binance securing a $2 billion investment, this week saw major developments in the crypto industry. Regulatory disputes, investment deals, and partnership clarifications shaped the landscape, while Binance founder Changpeng “CZ” Zhao pushed back against media reports. Here’s a roundup of the top crypto stories you may have missed….
Bybit CEO Ben Zhou labels Pi Network more harmful than meme coins due to lack of transparency, delayed milestones, and targeting crypto novices.
BayaniChain CEO Paul Soliman explains how the $1.46 billion Bybit hack was a textbook social engineering attack, not a blockchain failure.
Arkham Intelligence announces that ZachXBT has submitted definitive proof linking the attack to Lazarus Group, a North Korean cybercriminal organization notorious for targeting crypto firms.
The nature of the outflows was initially unclear, but ZachXBT later confirmed that his sources identified the event as a security incident.
Argentinian President Javier Milei is backtracking on his endorsement of the Solana-based LIBRA memecoin after its market cap plummeted from $4.5 billion to $200 million within hours.
Bybit CEO Ben Zhou made it clear in a post on X that his exchange will not list PI, responding bluntly to inquiries about the token.
In 2024, Binance’s dominance in the crypto exchange market diminished, while Bybit saw significant growth in spot trading and Bitget excelled in derivatives trading.