Crypto News
FBI Seeks Crypto Industry Help to Track, Block Laundering of Bybit Hack Funds
The Federal Bureau of Investigation (FBI) asked for crypto industry help in tracking and blocking transactions intended to launder the $1.5 billion stolen from Bybit by North Korean hackers.The FBI published a list of Ethereum addresses that are holding or have held assets from the theft in a public service announcement on Wednesday. The announcement reiterated the country's involvement and labeled it a TraderTraitor activity. The hack had already been attributed to the North Korea-linked Lazarus group by blockchain analytics firms. The ether and ETH staking tokens were stolen in the largest ever hack of a crypto exchange last week.The illicit actors are converting some of their stolen assets to bitcoin (BTC) and other cryptocurrencies "across thousands of addresses...
Central Bank of Brazil: CBDC Privacy Problem Still Unresolved
In a report detailing the outcome of the first phase of drex, the national CBDC pilot, the Central Bank of Brazil acknowledged that none of the anonymity and privacy solutions tested met the project’s needs. Central Bank of Brazil Still in Search of Privacy Solution for CBDC The pilot of the Brazilian central bank digitalSource link
MEXC Backs Ethena’s USDe With $20 Million Investment, Launches $1 Million Rewards
MEXC has invested $20 million in USDe, Ethena’s synthetic dollar, to drive stablecoin adoption and expand DeFi innovation. The exchange also launched a $1 million rewards campaign to incentivize participation in the growing stablecoin market. $20 Million Investment in USDe to Boost Stablecoin Adoption MEXC, a global crypto exchange has announced a $20 million investmentSource link
Ether, XRP Down 5% as Crypto’s Painful Week Continues; APT Jumps 10% Amid Aptos ETF Registration...
Ether (ETH) continued its multi-day slide on Thursday with a 7% drop in the past 24 hours as the prolonged crypto sell-off showed no signs of a pause.Bitcoin (BTC) was trading between $89,000 to $82,500 in U.S. trading hours on Wednesday, staging a slight recovery in early Asian hours to just over $86,000. The broader market tracked by CoinDesk 20 (CD20), a liquid index tracking the largest tokens, fell over 3%.Major tokens XRP, BNB Chain’s BNB, Cardano’s ADA and dogecoin (DOGE) slumped as much as 4% — with bullish bets on futures tracking majors recording over $600 million in liquidations.Litecoin’s LTC and Aptos’ APT were among the few tokens in green, rising over 10% each. APT rose as a “BITWISE...
US Charges Gotbit Founder Aleksei Andriunin With Wire Fraud and Market Manipulation
A Russian founder of cryptocurrency exchange Gotbit has been extradited to the U.S. to face charges of wire fraud and conspiracy to commit market manipulation. Code for Wash Trading Crypto Transactions Aleksei Andriunin, 26, founder of cryptocurrency exchange Gotbit, has been extradited to the United States to face charges of manipulating cryptocurrency markets on behalfSource link