Hack

THORChain was one of the platforms Bybit hackers used to launder funds, according to observers.

The U.S. Securities and Exchange Commission has closed a number of cases over the past few weeks.

Hackers made off with approximately $50 million when the automated market maker was exploited in 2021.

Bybit has returned to a 1:1 backing of client assets days after being hit by the biggest crypto heist ever.

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.

Lazarus Group was behind Bybit’s $1.5 billion hack on Friday, Arkham Intelligence said, citing ZackXBT.

A portion of staked ether is currently being liquidated on decentralized exchanges.

The remaining 25,000 bitcoins stolen in the 2016 hack must be returned through a more complex claims process.

For her role in the theft and laundering of around 120,000 bitcoin, Razzlekhan will receive her sentence on Nov. 18.