A top Russian politician has thrown out a fascinating idea, and asked what if the country built special power plants just for crypto miners?
Aussie police uncover stolen treasure trove
Australian police have stumbled upon what they’re calling an “Aladdin’s cave” of stolen goodies, including crypto ATMs and rare trading cards.
Watch out, Coinbase users, there’s a new scam
If you’re a Coinbase user, you might want to double-check your security settings because scammers are getting sneakier by the day.
Bitcoin will defend South African firm Altvest Capital aginst inflation
South African investment company Altvest Capital has officially hopped on the Bitcoin train, as they announced their first foray into the world of Bitcoin, and guess what?
Brazil brings the first spot XRP ETF
Brazil is making big moves in the crypto industry with some exciting news. The country’s securities regulator has just given the green light for its first-ever spot XRP ETF.
Litecoin transactions rise 243% amid ETF hype
Litecoin is making waves on the market, and it’s not just the price that’s rising.
Bitget Extends Support to Bybit Following Major Crypto Hack
At Bitget, we strongly believe in supporting the community and those contributing to the growth of crypto. The largest crypto hack in the industry recently targeted Bybit.
In response, our systems have blacklisted the hacker’s wallets, ensuring that any transactions originating from illicit addresses are blocked once identified.
Our security team and researchers are actively monitoring these activities, and if we uncover any significant findings, we will share a comprehensive analysis of the incident and discuss preventive measures for the industry.
To assist Bybit in handling the situation, Bitget has transferred 40,000 ETH (approximately $105 million) to the exchange.
Transaction Details:
View on Etherscan
These funds come directly from Bitget’s reserves, provided as a goodwill gesture to support the broader crypto community.
All Bitget user funds remain securely stored on our platform, and users can verify their holdings through our Proof of Reserve.
Bybit has already processed 99% of withdrawals on its platform. As a respected competitor and partner, we acknowledge the significant impact of this loss, which equates to roughly one year’s profit for the exchange.
We will continue to monitor the situation, and if Bybit requires further support, we remain ready to assist.
Gracy Chen’s Statement on X
Further Update on X
Gracy Chen, CEO at Bitget
Over 1,500 financial institutions are holding Bitcoin
Bitcoin is officially going mainstream, and it’s not just a passing trend. A new research reveals that 1,573 financial institutions have jumped on the Bitcoin bandwagon as of the end of 2024.
Solana’s memecoin mania is over?
It seems the memecoin party on Solana is winding down faster than a bad hangover, and the once-bustling launchpad, Pump.fun, is seeing a serious drop in activity.
