🚀 Tether And Circle Freeze Addresses Linked To Bybit Hack
#Tether #Circle #BybitHack #Ethereum #Tron #USDT #USDC
According to Foresight News, as of March 2, 2025, at 17:00 UTC+8, Tether and Circle have frozen at least five Ethereum and Tron addresses associated with the Bybit hack. This action successfully intercepted over 760,000 USDT and USDC.#Tether #Circle #BybitHack #Ethereum #Tron #USDT #USDC
🚀 🔥 Binance Records $3.97 Billion Net Inflow Following Bybit Hack, DefiLlama Data Shows 🔥
#Binance #BybitHack #Cryptocurrency #CapitalInflow #DefiLlama #MarketTrends #SecurityBreach #TradingPlatform #Liquidity #CapitalFlows
Binance has seen a weekly net inflow of $3.971 billion, significantly outpacing the combined inflows of nine other major cryptocurrency exchanges, which totaled $396.83 million, according to DefiLlama data. This development follows the recent Bybit security breach, which led to heightened capital movement across exchanges.Short-Term Impact: Capital Shifts Following Security ConcernsMarket Response to Bybit Hack: A notable shift in funds occurred after the Bybit exploit, with a large portion of market liquidity moving to Binance.Comparative Inflows: Binance recorded 10 times the inflows of the other nine leading exchanges combined, reflecting a concentration of capital into a single trading platform.Long-Term Trends: Binance Maintains Large Share of Capital FlowsFebruary 2025 Data:Binance’s net inflows reached $5.323 billion for the month.The remaining nine exchanges, excluding Bybit, saw a combined total of $1.229 billion in inflows.Annual Capital Flow Patterns:Binance has seen net inflows exceed $3 billion in six different months over the past year.November 2024 marked the highest net inflow, reaching $9.2946 billion, according to DefiLlama.#Binance #BybitHack #Cryptocurrency #CapitalInflow #DefiLlama #MarketTrends #SecurityBreach #TradingPlatform #Liquidity #CapitalFlows
🚀 Debate Over Asgardex Fees Sparks Controversy
#Asgardex #ZachXBT #THORChain #BybitHack #Cryptocurrency #Blockchain #OpenSource #SelfCustody #Ethereum #Bitcoin #Laundering #DueDiligence #NorthKorea
According to Foresight News, a dispute has arisen between blockchain investigator ZachXBT and THORChain developer JP regarding the handling of fees by Asgardex. The central issue is whether Asgardex should return $900,000 obtained from laundering activities linked to a Bybit hack. ZachXBT argues that failure to return the funds constitutes a crime, while JP contends that open-source wallet developers focus on self-custody wallet development and will not return funds unless legally required. JP also questions why Ethereum and Bitcoin nodes are not asked to return transaction fees.
Additionally, ZachXBT highlighted that last year, a project associated with JP failed to conduct due diligence, mistakenly hiring a North Korean IT worker as a developer. This was brought to JP's attention after several months, but it was never publicly disclosed.#Asgardex #ZachXBT #THORChain #BybitHack #Cryptocurrency #Blockchain #OpenSource #SelfCustody #Ethereum #Bitcoin #Laundering #DueDiligence #NorthKorea