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Bybit Expands Bounty Program, Offering 5% 'Upfront' Payment to Those Who Help Freeze Funds Stolen by Lazarus Group

Cryptocurrency exchange Bybit has announced the expansion of its bounty program, promising to pay 5% of the value of frozen funds to exchanges, coin mixers, or any individuals who can help freeze funds stolen by Lazarus Group, a hacker group believed to be affiliated with the North Korean government.

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Bernstein Predicts Crypto Liquidity Shift From Memecoins to DeFi, Gaming, and NFTs

Analysts at research and brokerage firm Bernstein predict that liquidity in the crypto market will shift from memecoins to more utility tokens in the DeFi, gaming, and NFT sectors.

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Companies

JPMorgan Crypto Market Faces Downside Risks as Bitcoin and Ether Futures Demand Weakens

The cryptocurrency market is facing a bearish risk as demand for bitcoin and ether futures on the CME is weakening, according to a report from JPMorgan.

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