2025-10-31
Coinbase Q3 Earnings just came out: Last quarter, ETH trading volumes almost flipped those of BTC for the first time. 🔥 [image]
Bloomberg
Coinbase reports Q3 revenue up 55% YoY to $1.9B, vs. $1.8B est., net income up 473% to $433M, and trading volume up 59% to $295B
Shares of Coinbase Global Inc. rose more than 4% after the largest US crypto exchange reported revenue that exceeded Wall Street's third-quarter estimates.
2025-03-09
tl;dr - It was a targeted attack, only the Bybit Safe was affected - It took 19 days (+ preparation) to pull off the attack - Attack circumvented 2FA - We need better transaction verification UX & industry efforts for secure (decentralized) frontends, not just smart contracts
New York Times
Source: Bybit hackers planted malicious code to manipulate transactions by compromising a developer's computer at crypto wallet provider Safe, used by Bybit
On the night of Feb. 21, Ben Zhou, the chief executive of the cryptocurrency exchange Bybit, logged on to his computer to approve what appeared to be a routine transaction.
2025-03-08
tl;dr - It was a targeted attack, only the Bybit Safe was affected - It took 19 days (+ preparation) to pull off the attack - Attack circumvented 2FA - We need better transaction verification UX & industry efforts for secure (decentralized) frontends, not just smart contracts
New York Times
Source: Bybit hackers planted malicious code to manipulate transactions by compromising a developer's computer at crypto wallet provider Safe, used by Bybit
On the night of Feb. 21, Ben Zhou, the chief executive of the cryptocurrency exchange Bybit, logged on to his computer to approve what appeared to be a routine transaction.