Bybit Shuts Down NFT and IDO Services Following $1.5B Crypto Theft

Bybit shuts down its NFT and IDO platforms following a $1.5B security breach, reflecting market trends and strategic shifts to streamline offerings amid declining trading volumes and heightened security concerns.
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Vanuatu Passes Crypto Licensing and Regulation Act

Vanuatu passes strict crypto licensing and regulation act, granting the VFSC authority to oversee virtual asset service providers with severe penalties for non-compliance, aiming to attract legitimate businesses and deter scammers.
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SIR.trading Offers $100K Bounty to Exploiter After Losing Entire TVL

SIR.trading suffers a catastrophic exploit, losing its entire TVL, prompting its founder to offer a $100K bounty for the return of stolen funds, highlighting vulnerabilities in Ethereum’s transient storage upgrade.
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