Bybit

Franklin Templeton is expanding its off exchange collateral program to Bybit, allowing eligible users to pledge tokenized money market fund shares for USDT or USDC credit lines. The structure keeps underlying assets with regulated custody platform ByCustody while mirroring their value inside Bybit’s trading environment.

A U.S. Department of Justice asset forfeiture filing includes a letter from Al-Qassam Brigades advising potential donors not to use Binance for transfers. The document points to rival crypto platforms, USDT and the TRC-20 network, while major firms stress compliance controls and monitoring.

Coinkite has released new Coldcard firmware after a randomness flaw enabled attackers to steal more than $114 million in bitcoin. The company says AI-assisted review found additional issues, but users with affected seeds still need to create new wallets and migrate funds.

Bybit has filed a civil lawsuit in a U.S. federal court against North Korea, its Reconnaissance General Bureau and the Lazarus Group over an alleged $1.5 billion Ethereum theft. The exchange also secured a preliminary injunction freezing certain identified stolen assets while the case continues.

BitMEX spent two years exploring a sale before moving to wind down operations, but prospective acquirers were deterred by founder-linked ownership, fading market share and reputational risks. The failed process stands out against a more active crypto mergers market, where other digital asset firms have continued to attract buyers.

Bitcoin has gained 3% over the past day, moving above $66K and toward a key resistance band near $68K. Whale accumulation is adding a constructive medium-term signal, though stablecoin outflows from exchanges may be limiting market momentum.

BONK DAO was drained of about $20 million in BONK tokens after an attacker bought enough voting power to push through a malicious onchain proposal. The incident has renewed scrutiny of token-based governance models that allow low-turnout votes to automatically move treasury funds.

Bybit has introduced options trading for Tether Gold, expanding access to a new way to hedge and speculate on gold prices. The products are settled in USDT and backed by Orbit Markets for liquidity support.

North Korea-linked hackers have stolen over $2 billion in cryptocurrency in 2025, nearly triple last year’s total. Elliptic says funds are used to support Pyongyang’s weapons programs.

Bybit suffered a $1.5 billion hack, triggering a massive $4 billion bank run. With withdrawals surging, the exchange raced to secure a loan and recover frozen funds. Here’s what happened and what’s next for Bybit.