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How Bybit Blocked $1B Fake Deposit Scam in Real Time

Bybit blocked coordinated fake deposit attacks, preventing over 1 billion DOT in potential losses across multiple blockchains. Attackers used batch and multi-step transactions to simulate deposits without real balance changes. Bybit’s multi-layer validation system detected and stopped all attacks in real time with no user impact. Bybit, the world’s second-largest...

Stellar Builds Privacy Layer Enabling Banks To Move Trillions Securely On Chain

Stellar builds a privacy layer enabling banks like Societe Generale to move trillions securely on-chain with stablecoins. Banks are exploring blockchain solutions to move large amounts of money, but privacy is their main concern. Stellar is building technology to meet this need, allowing institutions to transfer funds securely. This development...