Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech …
hack
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Markets
Germany Seizes $38M From Crypto Platform Suspected of Laundering Bybit, Genesis Hack Proceeds
by shayaanGerman authorities shut down crypto exchange eXch, seizing 34 million euros ($38 million) in tokens …
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Cryptocurrency exchange Bybit’s CEO Ben Zhou said that 27.95% of the funds lost in the …
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KiloEx, a decentralized exchange (DEX) for trading perpetual futures, said Friday it recovered all of …
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A security incident has shaken the ZKsync layer-2 network: on April 15, a compromised admin …
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A $150 million theft targeting Ripple co-founder Chris Larsen has been traced back to a …
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Over 77% of the funds stolen in a record hack on crypto exchange Bybit remain …
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Cryptocurrency exchange Bybit has published a forensic review on last week’s $1.5 billion hack, revealing …
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U.S. authorities have seized about $31 million in crypto tied to the 2021 hack of …
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Analysis
Bybit Ethereum (ETH) Reserves Steadily Recovering Following Massive Hack, According to CryptoQuant
by shayaanMarket intelligence platform CryptoQuant says that the Ethereum (ETH) reserves of Bybit are recuperating after …