Headlines

Bybit wins U.S. court support to trace $1.5B hack funds

Bybit’s effort to recover assets from the $1.5 billion February 2025 hack has moved deeper into the U.S. court system, with a federal judge granting expedited discovery and later part of the exchange’s request for a preliminary injunction. Summary Bybit secured expedited discovery allowing requests for identities, balances and transaction histories from U.S.-linked platforms. Court…

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Inside the 45-Day Laundering Machine

Key Takeaways Chainalysis logged $3.4B stolen in 2025, with Bybit’s $1.5B hack alone accounting for 44% of that total. H1 2026 set a record 212 incidents per Blockaid, with Lazarus-linked crews behind about 55% of these losses. KelpDAO’s $293M April exploit was 2026’s largest single hit. Six Years, More Than $16 Billion Gone Crypto theft…

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MARA pledges 18,750 BTC for $600M in new loans

MARA Holdings secured $600 million of new borrowing on Aug. 4 after pledging 18,750 BTC worth about $1.2 billion as initial collateral, according to its Aug. 6 quarterly filing with the U.S. Securities and Exchange Commission.  Summary 18,750 BTC worth about $1.2 billion initially secured MARA’s two new Bitcoin backed lending facilities. Coinbase provided $300…

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