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Bybit CEO Describes How Hackers Launder Stolen Ethereum Through Bitcoin Mixers

Ben Zhou, CEO of Bybit, has revealed how hackers used cryptocurrency mixers to launder $1.5 billion worth of Ethereum stolen from the exchange last month.

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Latest Crypto News

Bitcoin Mining Stocks Bitdeer and Cipher Plunge After 2024 Earnings Report, Profits Hit by Struggles

Bitdeer Technologies and Cipher Mining saw their stocks plummet after releasing their 2024 earnings reports, highlighting continued struggles to stay profitable. The fourth Bitcoin block reward halving in April 2024 has cut into miners’ revenues, forcing them to look for ways to diversify their operations.

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