The cryptocurrency landscape is often likened to the Wild West, a region of unregulated chaos filled with both opportunists and trailblazers. Yet, as the recent Bybit hack illustrates, this frontier is more lawless than many dare to admit. In April, Bybit CEO Ben Zhou revealed that a staggering $400 million of the total $1.4 billion
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Vietnam is on the cusp of a transformative shift in its digital economy with the government’s plans to develop a pilot crypto trading platform. This strategic initiative, spearheaded by the Ministry of Finance and bolstered by technical expertise from the cryptocurrency exchange Bybit, signifies not only a response to the growing interest in digital assets
In the fast-paced world of cryptocurrency, transparency is often touted as a fundamental tenet. However, recent revelations surrounding the OM token have unearthed a sordid narrative of deceitful practices that highlight the vulnerability of the crypto market. Allegations suggest that players within the Mantra team colluded with market makers to manipulate liquidity metrics, distorting the
In a significant declaration that rippled through the cryptocurrency community, Bybit has revealed its intent to terminate a broad spectrum of its Web3 features by the end of May 2025. This drastic transition raises eyebrows about the future direction of the exchange. The leadership claims this is a calculated maneuver to pivot towards a new
On April 15, an unexpected outage in Amazon Web Services (AWS) disrupted major cryptocurrency platforms, unveiling deep-seated vulnerabilities tethered to centralized infrastructure. Amid the growing prominence of cryptocurrencies and Web3 technologies, this incident serves as a grim reminder that the very backbone of the crypto economy might be more fragile than proponents are willing to
Kraken’s latest foray into conventional finance represents a groundbreaking shift for both the company and the financial landscape at large. With the launch of over 11,000 US-listed stocks and exchange-traded funds (ETFs), Kraken is wielding its influence like a double-edged sword. This bold endeavor transcends the limits of cryptocurrency trading and beckons a new era
On April 13, the cryptocurrency world witnessed a dramatic plunge that rattled even the most seasoned investors. The OM token, integral to the Mantra blockchain, fell catastrophically from around $6.30 to a mere $0.50. This collapse decimated more than $5 billion from its market cap, reducing it from an already impressive $6 billion to a
The recent collaboration between Standard Chartered, OKX, and Franklin Templeton marks a pivotal moment for institutional investors venturing into the world of digital assets. By launching a pilot trading platform that allows the use of crypto and tokenized money market funds as collateral, these financial giants are not merely keeping up with the increasingly digital
In the fast-evolving landscape of cryptocurrency, South Korea’s banking regulations have become a relic of the past, hampering the growth of an industry that thrives on flexibility and innovation. The current one-bank-per-exchange policy may have been conceived as a safeguard against financial crime, but in reality, it has morphed into an ironclad barrier limiting consumer
April 8, 2025, marked a significant milestone in the burgeoning world of cryptocurrencies as Kraken announced the listing of SUN (SUN), the core governance token of the SUN.io platform. While it may seem like just another listing in the ever-evolving crypto landscape, this event has the potential to be a pivotal moment for both SUN.io
