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DeFi Faces Market Pressures While Bitcoin Startups and Platforms Pivot

DeFi Faces Market Pressures While Bitcoin Startups and Platforms Pivot

Despite a downturn in DeFi market value, Bitcoin startup investments are rising and key platforms like Gemini and Velora are making strategic moves.
Apr, 04, 2025
6 min read
by Coinpaper
Gemini Moves to Miami as Velora Reinvents DeFi Trading

Gemini Moves to Miami as Velora Reinvents DeFi Trading

Gemini expands to Miami amid easing regulatory pressure while Velora, formerly ParaSwap, unveils a major upgrade to enhance DeFi trading and minimi...
Apr, 04, 2025
7 min read
by Coinpaper
ParaSwap Rebrands to Velora Following Tense DAO Vote on Bybit Hack Fees

ParaSwap Rebrands to Velora Following Tense DAO Vote on Bybit Hack Fees

ParaSwap has rebranded as Velora, just two weeks after a narrow DAO vote on returning fees tied to the Lazarus Group’s Bybit hack. The post ParaSwa...
Apr, 03, 2025
2 min read
by Cryptonews
Bybit CEO Ben Zhou: 88% of Stolen $1.4 Billion Remains Traceable

Bybit CEO Ben Zhou: 88% of Stolen $1.4 Billion Remains Traceable

Bybit CEO Ben Zhou reports that 88% of the $1.4 billion in stolen crypto assets remain traceable nearly a month after the breach. Security firms an...
Mar, 20, 2025
4 min read
by Cryptonews
Bybit CEO: 77% of Stolen Ethereum Still Traceable – But This Week Is Critical

Bybit CEO: 77% of Stolen Ethereum Still Traceable – But This Week Is Critical

Bybit CEO Ben Zhou has provided an update on the $1.4 billion of ETH stolen on February 21: 77% remains traceable—making this week critical for sec...
Mar, 06, 2025
3 min read
by Cryptonews
Bybit vs ParaSwap DAO: dispute over commission refunds from hacker transactions

Bybit vs ParaSwap DAO: dispute over commission refunds from hacker transactions

ParaSwap DAO is divided over returning $100,000 in fees from stolen ETH swaps. The debate raises questions about ethics, legal implications, and De...
Mar, 05, 2025
2 min read
by Coinpaper
Bybit Asks ParaSwap DAO to Return $100,000 in Hack-Related Fees, Sparks Debate on Nature of DeFi

Bybit Asks ParaSwap DAO to Return $100,000 in Hack-Related Fees, Sparks Debate on Nature of DeFi

Bybit seeks Paraswap DAO's approval for the 44.67 wETH collected from the hack-related fees to be frozen and sent to the exchange, sparking a heate...
Mar, 05, 2025
3 min read
by Cryptonews
Bybit demands 44.67 ETH back from Paraswap DAO, citing hacker’s swap fees

Bybit demands 44.67 ETH back from Paraswap DAO, citing hacker’s swap fees

Cryptocurrency exchange Bybit has formally requested that Paraswap DAO return 44.67 ETH (approximately $114,000) in transaction fees collected when...
Mar, 04, 2025
4 min read
by CryptoPolitan
Bybit CEO says $1 billion of stolen assets still trackable despite hackers mixing funds with THORchain

Bybit CEO says $1 billion of stolen assets still trackable despite hackers mixing funds with THORchain

Bybit CEO Ben Zhou has confirmed that $1.07 billion—roughly 77% of the assets stolen in the exchange’s recent $1.4 billion security breach—can stil...
Mar, 04, 2025
2 min read
by CryptoSlate
Bybit CEO Says 77% of Stolen Funds From Bybit Hack Still Traceable

Bybit CEO Says 77% of Stolen Funds From Bybit Hack Still Traceable

The Bybit hack took a new turn as on-chain data tracker Ember reported that the hacker launched all the funds. Meanwhile, Bybit CEO Ben Zhou shared...
Mar, 04, 2025
2 min read
by TheNewsCrypto