Leading cryptocurrency exchange Kraken has announced its acquisition of retail futures trading platform NinjaTrader for $1.5 billion. This strategic move aims to diversify Kraken's offerings and expand its user base, reflecting the growing convergence of traditional and digital financial markets.
CROFAM SOCIAL NETWORK
Singapore – Hackers have successfully stolen $1.5 billion worth of cryptocurrency from the Bybit exchange, marking the largest digital asset theft in history.
What Happened?
• The attack compromised a “cold wallet”, typically considered one of the safest forms of storage.
• Bybit CEO Ben Zhou stated that the company is working with blockchain security firms to trace the stolen funds.
• Experts suspect state-sponsored hackers may be behind the attack.
Why It Matters:
The breach underscores the continued vulnerabilities in cryptocurrency exchanges and could trigger stricter global regulations on digital asset security.
Crofam Technology Alerts $1.5 Billion Stolen in Largest-Ever Cryptocurrency Heist
