
Thursday Mar 13, 2025
Historic Crypto Heist, SEC’s Memecoin Ruling, and Ethereum’s Pectra Delay
In today's episode, we delve into the largest cryptocurrency heist in history, with Bybit losing $1.5 billion to North Korean hackers. We also explore the SEC's new guidance on memecoins, clarifying their status outside federal securities laws. Plus, we discuss the anticipated Ethereum Pectra upgrade, which promises major improvements but faces delays due to technical challenges. Join us for these stories and more on Simply News.
Sources:
https://bolster.ai/blog/bybit-heist
https://www.pymnts.com/cryptocurrency/2025/crypto-exchange-bybit-reports-hack-analysts-estimate-1-5-billion-loss/
https://economictimes.com/news/international/us/bybit-1-5-billion-stolen-heres-how-the-biggest-crypto-heist-took-place/articleshow/118763716.cms
https://www.ndtv.com/world-news/1-5-billion-bybit-crypto-heist-north-korean-hackers-cash-out-300-million-7889970
https://www.chainalysis.com/blog/preventing-crypto-hacks-best-practices-for-exchanges-hexagate/
https://www.halborn.com/blog/post/how-the-bybit-hack-happened-and-how-to-prevent-the-next-one-with-seraph
https://www.kaspersky.com/blog/bybit-hack-lessons-how-to-do-self-custody-properly/53155/
https://www.justice.gov/opa/pr/garantex-cryptocurrency-exchange-disrupted-international-operation
https://www.ccn.com/education/crypto/how-lazarus-group-launders-stolen-crypto-bybit-heist/
https://thehackernews.com/2025/03/safewallet-confirms-north-korean.html
https://www.fdd.org/analysis/policy_briefs/2025/03/07/north-korean-hackers-launder-1-5-billion-largest-crypto-heist-in-history/
https://www.scworld.com/perspective/the-bybit-hack-a-crypto-heist-with-cloud-security-lessons
https://www.theclm.org/Magazine/articles/the-bybit-hack-and-the-rising-risks-of-cryptocurrency-theft/3216
https://www.pymnts.com/cryptocurrency/2025/okx-catches-crypto-regulators-eye-following-bybit-hack/
https://yellow.com/news/eu-regulators-threaten-okx-license-over-alleged-bybit-hack-ties
https://cryptoslate.com/okx-denies-allegations-of-regulatory-investigation-and-role-in-laundering-stolen-funds/
https://www.mitrade.com/insights/news/live-news/article-3-692473-20250312
https://cointelegraph.com/news/eu-watchdogs-scrutinizing-okx-100m-bybit-laundered-funds
https://news.shib.io/2025/03/12/okx-denies-eu-probe-amid-claims-of-bybit-hack-funds-laundering/
https://www.ainvest.com/news/okx-denies-eu-scrutiny-bybit-hack-accuses-rival-misinformation-2503/
https://www.cointribune.com/en/plot-twist-the-crypto-exchange-okx-denies-any-involvement-in-the-bybit-case/
https://www.pymnts.com/cryptocurrency/2025/okx-catches-crypto-regulators-eye-following-bybit-hack/
https://www.blockhead.co/2025/03/12/okx-slams-misleading-bloomberg-article-tying-it-to-bybit-hack-investigation-2/
https://cryptopotato.com/eu-regulators-probe-okxs-web3-role-in-bybit-crypto-laundering-case/
https://cryptonews.com/news/eu-regulators-investigate-okx-over-bybit-hack-money-laundering-claims/
https://www.binance.com/en/square/post/21418214032665
https://news.bitcoin.com/okx-refutes-reports-of-investigation-by-european-regulators-over-bybit-hack/
https://cryptorank.io/news/feed/cd4bb-eu-investigates-okx-role-lazarus-bybit-hack
https://99bitcoins.com/news/eu-regulators-investigate-okx-over-alleged-role-in-bybit-hack-money-laundering/
https://markets.businessinsider.com/news/currencies/recent-sec-guidance-on-memecoins-suggests-broader-policy-change-1034461396
https://www.jdsupra.com/legalnews/meme-coins-collectibles-not-securities-8249475/
https://www.closeupsblog.com/2025/03/sec-staff-says-meme-coins-are-not-securities/
https://www.jdsupra.com/legalnews/sec-declares-meme-coins-are-not-8290317/
https://www.jdsupra.com/legalnews/sec-staff-says-meme-coins-are-not-2693248/
https://www.crowell.com/en/insights/client-alerts/sec-shifts-enforcement-focus-with-launch-of-cyber-and-emerging-technologies-unit
https://www.moneylaunderingnews.com/2025/03/recent-developments-raise-significant-questions-about-the-future-of-regulation-and-enforcement-of-cryptocurrency/
https://www.coindesk.com/opinion/2025/03/12/the-sec-s-retreat-from-crypto-enforcement-may-invite-more-private-lawsuits
https://www.mondaq.com/unitedstates/securities/1594188/implications-of-the-secs-stance-that-meme-coins-are-not-securities
https://www.jdsupra.com/legalnews/sec-staff-clarifies-that-meme-coins-are-6814144/
https://www.grantthornton.com/insights/articles/advisory/2025/crypto-policy-outlook
https://www.vitallaw.com/news/strategic-perspectives-securities-regulation-daily-s-top-10-developments-for-february-2025/sld01f76b3c670db64a24b0ea65da07bb424b
https://www.crowellcryptodigest.com/2025/03/secs-corporate-finance-staff-issues-statement-that-meme-coins-are-not-securities/
https://www.paulhastings.com/insights/crypto-policy-tracker/new-industry-friendly-crypto-regulations-may-be-on-the-way
https://www.ainvest.com/news/sec-clarifies-memecoins-securities-shifts-policy-180-2503/
https://www.mondaq.com/unitedstates/fin-tech/1595862/secs-corporate-finance-staff-issues-statement-that-meme-coins-are-not-securities
https://www.tokenpost.com/news/regulation/14357
https://tax.thomsonreuters.com/news/sec-crypto-task-force-sets-first-roundtable-as-staff-declares-meme-coins-off-limits/
https://www.coindesk.com/opinion/2025/03/10/recent-sec-guidance-on-memecoins-suggests-broader-policy-change
https://www.mondaq.com/unitedstates/financial-services/1595230/secs-division-of-corporation-finance-clarifies-stance-on-meme-coins
https://charltonsquantum.com/quantum-updates-36-sec-dismisses-enforcement-action-coinbase-crypto-regulation/
https://www.sec.gov/about/crypto-task-force/crypto-task-force-meetings
https://www.freewritings.law/2025/03/sec-announces-crypto-roundtables/
https://www.sec.gov/newsroom/press-releases/2025-51
https://www.crowdfundinsider.com/2025/03/237264-panelists-for-first-crypto-roundtable-at-sec/
https://tax.thomsonreuters.com/news/sec-crypto-task-force-sets-first-roundtable-as-staff-declares-meme-coins-off-limits/
https://www.ccn.com/news/crypto/sec-admin-solve-cryptos-security-debate-planned-roundtables/
https://www.cooley.com/events/2025/2025-03-21-spring-sprint-toward-crypto-clarity
https://www.ainvest.com/news/blockchain-mentions-sec-filings-surge-100-leadership-2503/
https://www.bakerlaw.com/insights/teresa-goody-guillen-participates-in-inaugural-sec-crypto-task-force-roundtable/
https://www.sec.gov/newsroom/meetings-events/how-we-got-here-how-we-get-out-defining-security-status
https://www.bakerlaw.com/insights/weekly-blockchain-blog-march-10-2025/
https://www.regcompliancewatch.com/first-sec-crypto-meeting-set/
https://www.lowenstein.com/news-insights/newsletters/crypto-brief-march-6-2025
https://www.binance.com/en-NG/square/post/21187594364810
https://cointelegraph.com/explained/ethereums-next-upgrade-prague-electra-pectra-explained
https://www.bitget.com/news/detail/12560604623807
https://ainvest.com/news/ethereum-eth-rises-10-pectra-upgrade-announcement-2503/
https://www.chaincatcher.com/en/article/2172334
https://www.ptinews.com/press-release/ethereum-price-prediction-why-are-big-investors-betting-big-on-eth-and-rexas-finance-under-0-25-/2362865
https://figment.io/insights/pectra-upgrade-faq-general-overview/
https://blockchain.news/flashnews/pectra-upgrade-s-potential-impact-on-eth-a-historical-perspective
https://nftevening.com/ethereum-pectra-upgrade/
https://www.cointribune.com/en/crypto-a-zero-transfer-blocks-the-pectra-update-of-ethereum/
https://www.ainvest.com/news/ethereum-foundation-delays-pectra-upgrade-due-technical-challenges-2503/
https://www.binance.com/en/square/post/03-06-2025-pectra-upgrade-may-positively-impact-eth-s-long-term-growth-21185236049121
https://www.coindesk.com/tech/2025/03/06/ethereum-developers-extend-pectra-test-window-following
https://www.gate.io/blog/6358/ethereum-pectra-upgrade-is-imminent-can-it-drive-the-market-into-an-upward-trend
https://learn.bybit.com/daily-bits/ethereum-testnet-holesky-finalizes-amid-pectra-upgrade-delay/
https://www.tokenpost.com/news/technology/14389
https://learn.bybit.com/crypto/ethereum-pectra-upgrade/
https://www.binance.com/en-ZA/square/post/03-06-2025-ethereum-news-ethereum-pectra-upgrade-key-features-market-impact-and-launch-timeline-21191301727801