Reserve to be funded by about 200,000 bitcoins, worth around $17bn, seized as a result of civil and criminal cases.
Cryptocurrency exchange Bybit said last week hackers had stolen digital tokens worth around $1.5 billion, in what researchers called the biggest crypto heist of all time.
Experts note that this is just the first step for the alleged North Korean hackers to profit from the historic heist.
Could multi-chain, self-custody crypto wallets like Best Wallet ($BEST) be the solution to hacks like that on Bybit?
The Strategic Bitcoin Reserve will be funded by some 200,000 bitcoins, worth about $17 billion. These bitcoins have been ...
The creation of a "Strategic Bitcoin Reserve" in the United States is further proof of President Donald Trump's support for ...
Bitcoin relies on cryptography to keep its transactions secure. Threats that might compromise that cryptographic security are ...
Hackers from the infamous Lazarus Group are in a cat-and-mouse game to launder their stolen funds from the ByBit heist.
A recent post from Ben Zhou, CEO of Bybit, provides an update on the status of $1.4 billion in stolen cryptocurrency. Zhou ...
Bitcoin's popularity is a global buzz. What started as an experimental idea has grown into a worldwide phenomenon. The ...
North Korea's Lazarus group, reportedly behind the Bybit hack, has laundered all 499,000 stolen ETH leveraging crypto mixers ...
The creation of a “Strategic Bitcoin Reserve” in the United States is further proof of President Donald Trump’s support for ...