T3 Financial Crime Unit (T3 FCU) has intercepted and frozen $9,000,000 in fraudulent digital assets linked to the recent Bybit hack, Tether announced in a statement Wednesday, March 26, 2025. T3 FCU was founded in September 2024 through the collaborative efforts of Tether, TRON, and TRM Labs with the aim of tracking illicit digital assets … Read more
The Bybit hack displaced Mt. Gox, the Poly Network exploit, and other known exchange hacks on February 21, 2025, as the company officially announced that hackers had stolen $1.4 billion in ETH. No hack has surpassed the Bybit loss. Africrypt, which would have matched that record by losing $3.6 billion to hackers in 2021, was … Read more
The dreaded North Korean cyberattacker, Lazarus Group, has been identified as the mastermind behind the theft of over $1.4 billion in ETH from the Bybit crypto wallet on February 21, 2025, just hours after the launch of Pi Coin. The hack, one of the largest in crypto history, caused panic among Bybit users, leading to … Read more
The CEO of Bybit crypto exchange Ben Zhou may have dampened the frenzy around the newly listed crypto Pi Coin following his tweet that that the coin is a scam. Zhou stated this a few hours after the long-awaited Pi Network mainnet was launched on Thursday, February 20, 2025 Over 10 crypto exchanges listed Pi … Read more