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Bybit exploited for $1.4 billion worth of ETH, CEO confirms. Despite the massive loss, Bybit remains solvent and can cover the losses, Ben Zhou said in a post on X. Bybit has suffered a major exploit, with a hacker stealing more than $1.4 billion worth of ETH and... 
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The bitcoin mining ban imposed by Russian authorities has helped reduce the load on the Siberian power grid, thereby avoiding potential power rationing and restrictions necessary to preserve the region’s outdated energy infrastructure. Ministry of Energy:... 
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Ethereum faced steep losses Friday after a security breach at Bybit drained an estimated $1.4 billion from the exchange. Ethereum Faces 2.6K Low Following the Hack—Can Recovery Hold? Bybit’s CEO confirmed on Feb. 21, 2025, that the platform lost a large... 
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Adam Back, a prominent cypherpunk mentioned in the Bitcoin whitepaper, remarked that while there has been some market consolidation due to profit-taking by certain investors, demand is clearly outpacing production, with ETFs and institutions like Strategy leading the... 
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Japan has approved new stablecoin regulations to increase collateral flexibility and improve user protection during bankruptcy proceedings. Japan Aims to Protect Users The Japanese Financial Services Agency (FSA) has approved measures to make stablecoin collateral... Translate »
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