Bitget has launched a new round of ETH Wealth Management, with APR ranging from 10% to 50%.

DWF Labs(@DWFLabs) deposited 2,200 $ETH($6.02M) to #Bybit an hour ago.

On February 22nd, as per an official announcement, Bybit has officially initiated the "Bounty Retrieval Program." It is calling on global cybersecurity and crypto analysis elites to jointly hunt down the perpetrators behind the largest cryptocurrency theft in history. Contributors who successfully recover the funds will be awarded a 10% reward. The total bounty amount will be based on the verifiable amount of recovered ETH, which was valued at over $1.4 billion at the time of the incident. If all funds are retrieved, the total bounty amount could reach as high as $140 million. Bybit CEO Ben Zhou stated that within 24 hours of the incident, the platform had received strong support from industry-leading individuals and organizations. Through the "Bounty Retrieval Program," we aim to officially reward community members who provide us with professional knowledge, experience, and support. We will not cease our efforts. Interested participants can get in touch with the platform at bounty_p

On February 22nd, Ben Zhou, the CEO of Bybit, posted on social media and said, "I am in agreement with CZ's perspective. If this hacking incident had occurred through penetrating our internal systems (such as a part of the withdrawal system) or a breach of the hot wallet, we would have immediately suspended all withdrawals until the root cause was determined. However, in yesterday's incident, our ETH cold wallet (which we use Safe) was compromised, and this is not related to any of our internal systems. Therefore, I am able to make a decisive decision to allow Bybit's withdrawals and system functions to operate normally. During last night's crisis, Binance and CZ, as well as many partners and industry leaders, voluntarily provided assistance. For this, we are deeply grateful and feel extremely warmed by the support we received. This incident has been a huge setback for Bybit, but the entire industry has demonstrated the power of unity. I believe that from now on, everything will only

On February 22nd, CZ posted an article stating that recent events (such as those involving ByBit, Phemex, WazirX, etc.) have revealed a pattern: hackers are capable of stealing a significant amount of crypto assets from a multi-signature 'cold storage' solution. In the latest ByBit case, the hacker managed to make the frontend user interface display a legitimate transaction while actually signing another one. Although I am not highly familiar with other cases, based on the limited information available, they seem to possess similar characteristics. Some people questioned my suggestion to immediately suspend all withdrawals in the event of a security incident (I tweeted this while on the boarding shuttle). My intention was to share a practical response based on my own experience and observations. Certainly, there is no absolute right or wrong. My principle has always been to err on the side of caution. After a security incident, all operations should be immediately suspended to fully u

February 22nd. According to Guangming Net, the Hefei police have initiated an investigation into an offline transaction fraud case involving 277,000 USDT. According to the victim, Ms. Cheng. On January 17th, she and her boyfriend conducted a USDT transaction with an old friend named Sun and his two companions at a café. The price of USDT at that time was around 7 RMB. During the transaction, Ms. Cheng first transferred more than 7,000 USDT as a test. After confirming its accuracy, she transferred all the remaining USDT to the other party. At this moment, Sun claimed that he was unable to transfer the USDT to his companion because of "phone virus infection." And his companion immediately used this as a reason to call the police. After the police arrived, a suitcase containing 2 million RMB was taken away from the scene by Sun's accomplice. The cryptocurrency had already been transferred out, and the cash had been taken away, leaving Ms. Cheng in a state of panic. By the fourth day of

On February 22nd, as per an official announcement, Gate.io's Earn ETH provides a time-limited boost in the annualized yield. By taking part in ETH flexible or fixed-term wealth management, users can currently obtain up to 12% APR without any subscription limit. Specifically, the APR for flexible ETH wealth management has been enhanced to a maximum of 12%, the 3-day fixed-term wealth management has been raised to 5% APR, and the 7-day fixed-term wealth management has been increased to 6% APR. Join now and earn high flexible yields with ease.