Arthur Hayes Proposes Rolling Back Ethereum Network to Negate $1.4B Bybit Hack
I would support it because we already voted no on immutability in 2016, Hayes said on X. Others are worried that a potential rollback would hurt the Ethereum ecosystem.
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Bybit
I would support it because we already voted no on immutability in 2016, Hayes said on X. Others are worried that a potential rollback would hurt the Ethereum ecosystem.
Bybit CEO has said that the exchange is solvent and withdrawals remain open.
The fine was levied by the FIU-IND last week.
Bybit to Temporarily Halt Crypto Trading in India, Citing Regulations
In an interview, Bitget CEO Gracy Chen surveys the geopolitics of the crypto exchange landscape, including contested territories like Nigeria, Russia and India.
Bybit, the world’s second-largest crypto exchange, has announced a Christmas-themed festive event where users participate in a 100,000 USDT prize … Continue reading
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Bybit, Bitget and OKX combined have 877,000 daily active users in the U.S., data from Sensor Tower shows. It’s unclear if they are just checking prices, or trading in violation of the rules.
The costly meltdown of global exchange FTX is still settling big chunks of its bankruptcy drama, now securing about $228 million from Bybit to further feed the cash dispersal that was approved in court earlier this month.
It has always been Bybit’s primary objective to operate our business in compliance with all relevant rules and regulations, the company said in its post.
Cryptocurrency exchange Bybit has confirmed reports that several executives have “changed roles” after a botched notcoin (NOT) launch resulted in $23 million in compensation being sent to 320,000 users.