Bybit exchange has reportedly purchased 266,700 ETH worth $742 million across two days, according to blockchain analytics firm Lookonchain. The transactions occurred in the days following Bybit’s $1.4 billion hack, which has taken the industry by surprise. A wallet linked…

KIP Protocol denies role in LIBRA launch, calls itself ‘convenient cover’
KIP Protocol, a web3 firm associated with the scandal token, distanced from the token launch, stating it had no role in initiating or managing the