Bybit Faces Major Security Breach: Over $1.1 Billion in ETH Stolen
In a shocking turn of events, crypto exchange Bybit has suffered a massive security breach, resulting in the loss of 401,346 ETH (worth approximately $1.13 billion) from its cold wallet. The attack was carried out through a deceptive transaction that tricked wallet signers into approving a change in smart contract
Bybit Secures India Clearance After $1M Fine
Dubai-based cryptocurrency exchange Bybit has successfully registered with India’s Financial Intelligence Unit (FIU-IND) after paying a fine of ₹92.7 million ($1 million) for operating without authorization. This marks a significant step towards compliance with Indian regulations, allowing the exchange to resume services in the country. Regulatory Roadblock and Suspension In
