Crypto News

How to Prepare for Monad: The High-Speed EVM Layer-1 Blockchain

A new layer-1 blockchain is set to rival Ethereum and Solana. Here’s how you can prepare for Monad ahead of the mainnet launch.Source link

Bybit Announces Stolen Funds Recovery Initiative Following $1.4B Hack

Bybit has launched a recovery bounty program offering rewards for retrieving stolen cryptocurrency funds. Crypto Exchange Bybit Initiates Recovery Bounty The Dubai-based cryptocurrency exchange, Bybit, has initiated a recovery bounty program following a security breach that compromised ETH valued at over $1.4 billion. The program promises a reward equal to 10% of recovered funds. TheSource link

Ether Price Spikes Further on Reports of Bybit Starting to Buy ETH

The price of the world’s second-largest cryptocurrency, ether (ETH), has risen by more than 2.3% in the last 24 hours, while the broader CoinDesk 20 Index has risen by just 0.76% during the same period. Bitcoin is down around 0.3%.The rise comes amid reports that Bybit, the cryptocurrency exchange that was hacked for $1.5 billion worth of ether and staked ether by North Korean hacking group Lazarus, has moved 100 million USDT into new addresses and moved half of that into addresses to purchase 36,900 ETH over-the-counter.The funds, worth around $101 million, were then moved to addresses tagged as belonging to the cryptocurrency exchange, crypto journalist Colin Wu reported, citing, Arkham Intelligence data.Bybit’s CEO Ben Zhou reportedly said in an...

Asteroid’s Earth Impact Odds Plummet, Scientists Now Playing the Long Wait Game

Latest observations slash collision probability for asteroid 2024 YR4 from 2.8% to 0.16%, but no further updates are possible until 2028.Source link

Bitcoin Price Analysis: Bulls Fight for Control as Bears Threaten a Massive Sell-Off

Bitcoin is trading at $96,688 with a market capitalization of $1.91 trillion and a 24-hour trading volume of $44.88 billion, moving within an intraday range of $94,805 to $99,262 as technical indicators suggest consolidation with a bearish bias. Bitcoin The daily chart reflects a continued downtrend, with bitcoin forming lower highs and lows after peakingSource link