WazirX hack sees $200m in crypto swapped for ETH to thwart blocking

As a seasoned cybersecurity analyst with extensive experience in blockchain forensics, I find the recent hack on Indian crypto exchange WazirX particularly intriguing. The fact that over $200 million worth of stolen assets have been converted to Ethereum (ETH) raises some interesting questions and potential implications for the broader crypto community. Stolen funds from the … Read more

Bybit’s USDT reserves soar by 18% as BTC shows signs of local bottom

As a seasoned researcher with extensive experience in the cryptocurrency market, I find Bybit’s latest proof of reserve report intriguing. The 17.8% increase in USDT holdings among users is noteworthy and aligns with my observations of investors’ growing preference for stablecoins during periods of market volatility. Bybit, a leading cryptocurrency exchange, has made public its … Read more