Key takeaways Bybit suffered the biggest theft of all time in the crypto space after losing $1.5 billion to hackers on Friday.  The Bitcoin Pepe presale is now approaching $3 million as more investors pile in. Bybit suffers the biggest theft of all time in the crypto space Bybit, one of the leading cryptocurrency exchanges The post North Korea’s Lazarus Group behind hack as Bybit loses $1.5B appeared first on CoinJournal.

Bybit exploited for $1.4 billion worth of ETH, CEO confirms. Despite the massive loss, Bybit remains solvent and can cover the losses, Ben Zhou said in a post on X. Bybit has suffered a major exploit, with a hacker stealing more than $1.4 billion worth of ETH and staked ETH. The crypto exchange’s CEO Ben The post Bybit suffers $1.4 billion hack, ETH drained from exchange wallet appeared first on CoinJournal.

BitMart Exchange is expected to list iDEGEN (IDGN) on March 4. Only four days to go before the iDEGEN presale comes to an end. Post-listing, the price of iDEGEN (IDGN) is expected to rise to $0.1 from the last presale stage price of $0.038. iDEGEN (IDGN), an AI-powered meme coin, is capturing attention with its The post iDEGEN (IDGN) price could hit $0.1 post BitMart Exchange listing appeared first on CoinJournal.

Coinbase says the SEC has agreed to dismiss its lawsuit against the US-based crypto exchange. The SEC sued Coinbase in 2023 but with Gary Gensler’s exit, the regulator is eyeing better regulatory approach. US-based crypto exchange Coinbase is set for a landmark development after the Securities and Exchange Commission reportedly agreed to dismiss its own The post Coinbase scores major win as SEC set to drop lawsuit appeared first on CoinJournal.

FTX creditors in several countries, China, Russia and Ukraine included, unable to participate in claims. The FTX bankruptcy estate is however said to be evaluating options. The FTX estate has begun its creditor repayments that could see more than $16 billion go to eligible creditors across the globe. However, as FTX creditor Sunil Kavuri noted The post FTX claims: Creditors in Russia, China, Ukraine among those temporarily unable to participate appeared first on CoinJournal.

The “Digital Entertainment City Namba” will be the world’s first smart city integrating AI, XR and DePIN. Mawari will deploy edge computing and rendering devices across Nankai’s properties for decentralized streaming. Nankai Electric Railway rail network spans over 100 stations across multiple lines in Japan. In a groundbreaking collaboration, Mawari, a leader in spatial computing The post Mawari and Nankai Electric Railway partner for the Digital Entertainment City Namba project appeared first on CoinJournal.

Safemoon CTO Thomas Smith has pleaded guilty to charges in a $200 million crypto fraud case. US authories arrested the Safemoon exec, alongside CEO Braden John Karony, in 2023. Thomas Smith, the chief technology officer of SafeMoon LLC, has pleaded guilty to two charges of securities fraud conspiracy and wire fraud conspiracy. Smith pleaded guilty The post Safemoon CTO pleads guilty in $200m crypto fraud case appeared first on CoinJournal.

As the artificial intelligence industry booms, more investors are showing interest in AI crypto projects. In fact, the sector has grown several folds to a market cap of $29 billion as seen on CoinGecko.  Fartcoin and AI16z, both launched in October 2024, are some of the newbies in the market that have grown to a The post iDEGEN’s presale enters its final week ; XRP beats other crypto majors appeared first on CoinJournal.

The US SEC has approved YLDS, the first yield-bearing stablecoin, with 3.85% APR. YLDS trades 24/7 on Figure Markets and its APR is paid monthly in USD or YLDS. The stablecoin’s APR outperforms Treasury bonds. The US Securities and Exchange Commission (SEC) has approved YLDS, the first yield-bearing stablecoin. The stablecoin is officially registered as The post US SEC approves the first yield-bearing stablecoin appeared first on CoinJournal.