Tuesday, March 4, 2025

Bybit CEO Ben Zhou says 77%+ of the funds stolen remain traceable, including 417,348 ETH, and 20% have "gone dark"; the hackers converted 83% of the ETH to BTC (Shaurya Malwa/CoinDesk)

Shaurya Malwa / CoinDesk:
Bybit CEO Ben Zhou says 77%+ of the funds stolen remain traceable, including 417,348 ETH, and 20% have “gone dark”; the hackers converted 83% of the ETH to BTC  —  Some 417,348 ETH, valued at approximately $1 billion remain traceable on the blockchain after being moved using privacy-focused THORChain.



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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...