North Korean Lazarus Group Likely Behind $1.46 Billion Bybit Exchange Hack
Blockchain analysis firm Arkham Intelligence suspects North Korea’s Lazarus Group orchestrated the recent $1.46 billion hack of the Bybit cryptocurrency exchange. Details remain scarce, but this significant event raises serious concerns about the security of cryptocurrency exchanges and the persistence of state-sponsored cyberattacks.
Samson Mow Slams Ethereum, Demands Chain Rollback After $1.4 Billion Hack
Cryptocurrency veteran and Bitcoin advocate Samson Mow has publicly criticized Ethereum, calling for a hard fork following the massive $1.4 billion theft from the Bybit exchange. Mow believes the smart contract platform requires a rollback to address the vulnerabilities exploited by the hackers.
Mutuum Finance (MUTM): Could it Repeat XRP’s Success?
Mutuum Finance (MUTM) is attracting attention as a potential high-growth cryptocurrency, drawing parallels to XRP’s early surge. Its decentralized lending model and utility in the crypto space are key factors in this development. However, market speculation will ultimately determine its trajectory.
Indian Businessman Loses $221k in Crypto Investment Scam
A 48-year-old Indian businessman from Ahmedabad lost $221,000 in a sophisticated cryptocurrency investment scam orchestrated through Facebook. This highlights the need for heightened vigilance against fraudulent schemes in the rapidly expanding digital financial world.
Vitalik Buterin Opposes UK Government’s Apple User Data Push
Ethereum co-founder Vitalik Buterin has voiced opposition to the UK government’s push for access to Apple user data. He has called on global security agencies like the NSA and GCHQ to prioritize citizen digital security.