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Cryptocurrency

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Bybit Sues North Korea Over $1.5B Crypto Hack

BYBIT SUES OVER HACK

Cryptocurrency1 min read

Bybit Sues North Korea Over $1.5B Crypto Hack

AI summaryCryptocurrency exchange Bybit has launched legal proceedings targeting North Korea and the notorious Lazarus Group over a massive $1.5 billion cyberattack. As part of its aggressive legal strategy, the trading platform successfully obtained a preliminary injunction to lock down the illicitly obtained digital assets.

By Jaffar

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Crypto Clarity Act Unlikely Soon, OKX Exec Warns

NO CRYPTO BILL SOON?

Cryptocurrency1 min read

Crypto Clarity Act Unlikely Soon, OKX Exec Warns

AI summaryA senior leader at OKX believes Congress is unlikely to pass the crypto-focused Clarity Act ahead of upcoming midterm elections due to partisan friction. Furthermore, the executive cautioned investors that positive expectations surrounding potential legislative breakthroughs are already baked into current Bitcoin valuations.

By Jaffar

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