Crypto M - Crypto News
2.08K subscribers
15.9K photos
194 links
Your #1 destination for the latest and most unbiased market news on Bitcoin, Ethereum, NFT, Fintech, Web3, DeFi, and Blockchain.
Download Telegram
🚀 Bybit CEO Vows to Recover Stolen Funds After Hack

According to PANews, Bybit CEO Ben Zhou has committed to recovering stolen funds following a recent hack. Zhou stated that the exchange will employ various strategies, including offering a bounty program for assistance in fund recovery, collaborating with law enforcement, and engaging with the Ethereum Foundation to explore potential solutions.

During a Spaces session on February 22, Zhou was asked about the possibility of rolling back the Ethereum blockchain to its state before the February 21 hack by the Lazarus Group. He responded, "I'm not sure if this is a decision for one person. In the spirit of blockchain, perhaps this should be a voting process to see what the community wants, but I'm not sure."


#Bybit #CEO #BenZhou #RecoverFunds #Hack #BountyProgram #LawEnforcement #EthereumFoundation #Blockchain #CommunityDecision
🚀 Indian Authorities Raid Over 60 Locations in GainBitcoin Scam Investigation

Indian authorities have conducted raids at more than 60 locations across the country as part of an investigation into the GainBitcoin cryptocurrency scam. According to ChainCatcher, the operation is focused on uncovering details related to the fraudulent scheme, which involves approximately $75.8 million. The investigation aims to bring those responsible to justice and recover the funds involved in the scam.

#IndianAuthorities #Raids #GainBitcoin #CryptocurrencyScam #Investigation #FraudulentScheme #Justice #RecoverFunds #BTC