bybit

eXch Shuts Down: Bybit Hack Fallout Exposes Crypto Mixer Risks

eXch Shuts Down: Bybit Hack Fallout Exposes Crypto Mixer Risks

The world of cryptocurrency is shifting under our feet, and with it has come a heightened sense of scrutiny and regulation. Just last week, another widely used crypto mixer, eXch, announced they would be shutting down by May 1st. This alarming decision highlights the severe dangers of utilizing these services...

Crypto Mixer eXch Shuts Down Amid Bybit Hack Allegations

Crypto Mixer eXch Shuts Down Amid Bybit Hack Allegations

This was eXch, a cryptocurrency mixer that recently announced it would shut down on May 1, claiming law enforcement pressure made it untenable to continue. The decision follows accusations that the exchange facilitated laundering from this year’s record $200+ million Bybit hack. It came under fire for being used by...

Bybit Hack Fallout: Is Crypto's 'Wild West' Finally Taming?

Bybit Hack Fallout: Is Crypto's 'Wild West' Finally Taming?

The shutdown of eXch, a small, obscure crypto exchange might have slipped under the radar. It indeed strikes a beautiful chord within the grander crescendo of the digital asset universe. Get under the hood, and you’ll find an inspiration tale. That makes regulatory oversight an immediate necessity, particularly across nascent...

Crypto Regulation: 6 Key Takeaways from the Senate Hearing

Crypto Regulation: 6 Key Takeaways from the Senate Hearing

The United States Senate recently convened a hearing on the growing universe of cryptocurrency. In doing so, they highlighted the desperate need for regulation in this emerging frontier. Here are some of the most important highlights that emerged through the conversations. They each noted the challenges, opportunities, and possible future...

Day Trade Crypto Like a Pro: ChatGPT & Grok AI Secrets

Day Trade Crypto Like a Pro: ChatGPT & Grok AI Secrets

The market of cryptocurrency day trading is a whirlwind, chaotic and always on the move. Quick reflexes, and even quicker algorithms. Thanks to new, advanced AI tools such as ChatGPT and Grok, traders are experiencing the most powerful insight and automation they’ve ever seen. Kwame Nkosi, a blockchain commentator, balances...

Senate Crypto Hearing: 3 Reasons Why the US is Losing the Blockchain Race

Senate Crypto Hearing: 3 Reasons Why the US is Losing the Blockchain Race

The recent Senate Banking Committee hearing on regulating the crypto space? If I’m being truthful, it was more like seeing a train wreck go down in slow motion. While senators debated the nuances of defining a digital asset – is it a security, a commodity, or something else entirely? –...

ChatGPT & Grok: Southeast Asia's Secret Weapon in Crypto Day Trading?

ChatGPT & Grok: Southeast Asia's Secret Weapon in Crypto Day Trading?

Forget about Wall Street, the exciting disruptor in crypto day trading is cooking up in the crowded streets of Southeast Asia. I'm not talking about hedge fund managers with Bloomberg terminals; I'm talking about the everyday person – the small business owner in Jakarta, the student in Kuala Lumpur, the...

Senate Scrutinizes Crypto Regulation Amid Rise in Scam Losses

Senate Scrutinizes Crypto Regulation Amid Rise in Scam Losses

The Senate Banking Committee met recently to discuss the rapidly growing, but highly confusing, world of crypto regulation. This upcoming meeting could not be more important at this moment in history. American consumers are losing billions to crypto scams as well, and the U.S. is lagging other countries in establishing...

Beyond Tether & USDC: The Stablecoin Innovation You're Ignoring

Beyond Tether & USDC: The Stablecoin Innovation You're Ignoring

You think you know stablecoins. Tether, USDC – the usual suspects. Big market caps, widespread adoption. Comforting, right? Wrong. As all eyes are on these titans, a more quiet revolution is in the making. Looking forward to seeing you there! This lack of attention is robbing you of big future...