Ilia Ilinskii

On Friday, February 21, 2025, nearly $1.5 billion worth of Ethereum was stolen from Bybit, a Dubai-based crypto exchange. The Bybit hack represents the biggest crypto hack of all time, exceeding the over $600 million stolen from Poly Network in 2021. It also represents the biggest theft of any type in the world, with the record previously held by Saddam Hussein, who reportedly stole around $1 billion from the Central Bank of Iraq on the

Africa’s crypto regulation landscape is diverse and dynamic with 54 countries, six major languages, and over 1 billion people. In this article, we explore the most significant events in crypto regulation on the African continent this year. Several countries made moves regarding crypto regulation in 2024, with details of their accomplishments. Nigeria Nigeria is one of the countries that has made major strides in crypto regulation in 2024. Initially, the country took a tough stance

Asia is one of the biggest crypto markets on the earth, among the European Union and the USA. Hong Kong became the first jurisdiction on this continent to approve Bitcoin and Ethereum ETF. Regulators can give investors access to Bitcoin and Ethereum ETFs in two ways. The first option is to allow qualified investors to invest in foreign Bitcoin ETFs, which Thailand already did in March of this year. And recently, Thailand approved a local Bitcoin