Bybit restructures executive team following $26M airdrop fiasco
Bybit confirmed internal role changes for several executives following a botched airdrop that affected 320,000 users and led to a $26 million compensation payout.
Related Posts


Samsung Integrates Tron and Mobile-Compatible DApp Building Tools
South Korean technology conglomerate Samsung has integrated Tron (TRX) support to its decentralized app (DApp) store, Blockchain Keystore.According to a release note published on Oct. 29 to the Samsung Developers website, Samsung Blockchain Keystore SDK v1.2.0 now includes APIs that support TRX transactions.Justin Sun’s social media ploySamsung has revealed it is today announcing its Samsung…

Bitcoin whale indicator detects multi-month accumulation trend as BTC eyes $67K-retest
Bitcoin's (BTC) biggest investors have been lately upping their reserves in sync with the ongoing price recovery, one Glassnode metric suggests.Dubbed as "Whale Supply Shock," the on-chain indicator represents the ratio between the amount of Bitcoin held by "whales" and "fishes." Whales represent addresses that hold between 10,000 BTC and 100,000 BTC, while fishes are…

Top 5 Crypto Performers Overview: EOS, Ripple, Ethereum Classic, Dash, Monero
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.The market data is provided by the HitBTC exchange.The crypto markets are stuck in a very tight range…

The mischievous Ryuk: Combatting the ‘Death Note’-inspired ransomware
There is still an element of the crypto “Wild West” in 2020, as cryptocurrency stolen through hacks and ransomware attacks is still being cashed out on major exchanges around the world. Ransomware attacks have proved to be a lucrative cash cow for cybercriminals over the past few years, with the United States Federal Bureau of…

Bloomberg: European Crypto Mining Firm Bitfury Considers Going Public
Blockchain technology company Bitfury is considering a potential Initial Public Offering (IPO), which could reportedly become the first major public listing in the crypto industry in Europe, Bloomberg reported Oct. 25.People familiar with the matter reportedly told Bloomberg that Bitfury is examining a range of options including raising debt financing or selling a minority stake.…

Central bank digital currency a mixed blessing, says RBI
The Reserve Bank of India has described central bank digital currencies as a mixed bag in its report on currency and finance for 2020–2021. 2138 Total views 13 Total shares India’s central bank has recognized the potential benefits of central bank digital currencies but not without including a few pitfalls.The Reserve Bank of India offered…

App Offering Free Bitcoin and Ether to Users Is a Scam, Malware Hunter Warns
An app that claims to give users the chance to earn $45 a day in free bitcoin (BTC) is a scam, according to a tweet by an “independent malware hunter” posted on May 20.The software, known as Bitcoin Collector, is advertised on a website that supposedly enables users to share a unique URL with their friends with payouts of…

Korea’s Jeju to issue NFT tourist cards to boost Gen Z visitors: Report
South Korea’s Jeju Island, a self-governing tourist hotspot, will reportedly trial NFT tourist cards in a bid to attract the country’s younger generation.