Bybit CEO Ben Zhou disclosed that the total amount of funds stolen by hackers is $1.4 billion (about 500k ETH), of which 77% can still be traced, 20% can no longer be traced, and 3% has been frozen. 83% has been converted to Bitcoin and scattered in 6,954 wallets. — link : Wu Blockchain News
X (formerly Twitter)
Ben Zhou (@benbybit) on X
3.4.25 Executive Summary on Hacked Funds:
Total hacked funds of USD 1.4bn around 500k ETH, 77% are still traceable, 20% has gone dark, 3% have been frozen.
Breakdown:
- 83% (417,348 ETH, ~$1B) have been converted into BTC with 6,954 wallets (Average 1.71…
Total hacked funds of USD 1.4bn around 500k ETH, 77% are still traceable, 20% has gone dark, 3% have been frozen.
Breakdown:
- 83% (417,348 ETH, ~$1B) have been converted into BTC with 6,954 wallets (Average 1.71…
Farcaster co-founder Dan Romero predicts that the US government's cryptocurrency reserves will only retain seized assets and will not make new purchases; Bitcoin will account for 80%; XRP and ADA may be included in the reserves through in-kind payment of taxes or similar donations. — link : Wu Blockchain News
X (formerly Twitter)
Dan Romero (@dwr) on X
Predictions on crypto reserve details
1. Government will just keep assets seized; no new buys
2. BTC will represent 80% of holdings
3. XRP / ADA do some in-kind tax payment / quasi-donation to be in it
1. Government will just keep assets seized; no new buys
2. BTC will represent 80% of holdings
3. XRP / ADA do some in-kind tax payment / quasi-donation to be in it
Samson Mow, CEO of Jan3, warned Trump about the cryptocurrency reserve plan, pointing out that if the plan includes random altcoins, it may cause chaos and turn it into a pure speculative game. The real strategy should give priority to POW assets such as BTC, LTC and XMR. — link : Wu Blockchain News
Binance will extend the Monitoring Tag to include more tokens on 2025-03-04, which may be delisted: Aergo (AERGO) Alpaca Finance (ALPACA) AirSwap (AST) Badger DAO (BADGER) BurgerCities (BURGER) COMBO (COMBO) NULS (NULS) STP (STPT) UniLend (UFT) VIDT DAO (VIDT). — link : Wu Blockchain News
Binance
Binance Announcement: New Coin Listings, New Trading Pairs, Crypto Airdrops, Crypto Updates and More | Binance Support
Stay updated on the latest news from the Binance Exchange, keeping track of new crypto listings, new trading pairs, recent delistings, new fiat listings, crypto airdrops and other latest Binance news.
MegaETH to launch public testnet on March 6, with user onboarding starting March 10. - 𝕏/@megaeth_labs : Leviathan News
Crypto market maker Flowdesk secures $102 million in funding to expand services, launch a credit desk, and establish a UAE office. - The Block : Leviathan News
Bybit CEO reveals that 77% of stolen funds remain traceable, 20% are lost, and 3% are frozen, with $1 billion in ETH converted to Bitcoin across 6,954 wallets. - 𝕏/@benbybit : Leviathan News
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Aave announces substantial tokenomics revamp, seeking DAO approval on measures including revenue redistribution, an "Umbrella" safety system and a non-transferable Anti-GHO token able to offset debt. - governance.aave : Leviathan News
Aave Publishes Tokenomics Update, To Initiate Buybacks And Activate Fee Switch: Governance
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Velo News
Aave Publishes Tokenomics Update, To Initiate Buybacks And Activate Fee Switch : unfolded. DeFi
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The Block
Berachain liquid staking protocol Infrared raises $14 million in Series A token round
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