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February 22, 2025, 11:10 PM

Top News

Francisco Rodrigues / CoinDesk:
DefiLlama: Bybit experienced a “bank run” of over $4B after the ~$1.5B hack, leading to a ~$5.5B total outflow; CEO says “about 50%” of funds were withdrawn  —  Major cryptocurrency exchange Bybit has seen total outflows of over $5.5 billion after it suffered …
David Yaffe-Bellany / New York Times:
Even as Trump embraces crypto, attracting millions of new investors, the Bybit hack and memecoins show how crypto remains the wild West of the financial world  —  Hours after Coinbase said the S.E.C. was dropping a lawsuit against it, another major cryptocurrency exchange reported a potentially record-setting theft.
Bloomberg:
Crypto exchange Bybit says a hacker took control of one of its cold Ethereum wallets, resulting in what analysts estimate was the loss of ~$1.5B worth of tokens  —  - North Korean group Lazarus suspected by industry researchers  — Prices of Ether, Bitcoin and other tokens decline after theft
More: BBC, DL News, Decrypt, CoinGape, The Block, The Trail of Bits Blog, Cryptopolitan, TechCrunch, Inside Bitcoins, Blockchain.News, Sky News, PC Gamer, The Coin Republic, Security Boulevard, CoinDesk, The Sun, NullTX, Chainwire, Coinpedia Fintech News, crypto.news, Bitcoin Insider, Yahoo Finance, Wired, Crypto Briefing, 10x Market Updates, Türkiye Today, PCMag, The Hacker News, CNBC, CryptoNinjas, The Block, ZyCrypto, Agence France-Presse, The Verge, BleepingComputer, PYMNTS.com, Tech in Asia, Wall Street Journal, TheStreet, Forbes, TheStreet, TradingView, Cointelegraph, Forbes, CryptoPotato, Bitcoin Insider, USA Insurance News …, Hackread, NewsBTC, Engadget, Fortune, Blockworks, Watcher Guru, CryptoPotato, The Crypto Times, The Record, Financial Times, The Block, Bloomberg, Finextra, The Coin Republic, Decrypt, Blockchain News, Reuters, The Crypto Times, ZeroHedge News, Cryptopolitan, NFTgators, Bitcoinist.com, CoinJournal, Web3 is Going Just Great, Benzinga, CryptoSlate, DL News, crypto.news, Protos, Coinpedia Fintech News, The Block, CoinGape, Crypto Briefing, and CoinDesk
Forums: r/news, r/technology, and Slashdot
RT Watson / The Block:
Enock Nyariki / Poynter:
A Maldita study of nearly 1.2M Community Notes on X published globally in 2024 shows that professional fact-checkers are among the three most cited sources  —  Notes that cite fact-checkers earn more trust from X users and combat misinformation faster  —  When Meta CEO Mark Zuckerberg announced …
Brian Krebs / Krebs on Security:
An investigation details how Chinese cybercrime groups are turning phished payment card data into new Apple or Google wallets for online and in-store use  —  Carding — the underground business of stealing, selling and swiping stolen payment card data — has long been the dominion of Russia-based hackers.
Kendra Barnett / Adweek:
X is rolling out Grok-powered AI tools for advertisers to generate ready-to-use ad copy and imagery and provide campaign performance analysis  —  The company is betting on AI to help recover some of the millions it has shed in ad revenue over the last two years
Sean Hollister / The Verge:NEW
Nvidia confirms a “rare” manufacturing issue affecting less than 0.5% of RTX 5090 and 5070 Ti GPUs which are missing render units, the latest hitch since launch  —  Where did the ROPs go? … In the grand scheme of things, that doesn't sound like a lot of affected GPUs …
Andrew Deck / Nieman Lab:
Some journalists are taking freelance jobs with AI training data companies like Scale AI, which recruit them for tasks such as fact-checking and prompt drafting  —  The gig work platform Outlier is one of several companies courting journalists to train large language models (LLMs).
Davide Castelvecchi / Scientific American:
Some physicists are skeptical about Microsoft's claims of achieving a quantum computing breakthrough with Majorana 1, citing the lack of detailed evidence  —  With its ‘topological’ quantum computers, Microsoft aims to reach useful scales faster than competing technologies
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Ryan Christoffel / 9to5Mac:
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David Heaney / UploadVR:
Mark Gurman / Bloomberg:
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