Articles for tag: Avalon, Bitcoin yield, Bybit, CeDeFi, Cryptocurrency, digital finance, institutional borrowing

Market News

Bybit Integrates Avalon: Seamless CeFi to DeFi Bridge for Enhanced Bitcoin Yield Opportunities!

Bybit, a leading crypto exchange, has joined forces with Avalon, a lending protocol, to provide users with opportunities to earn Bitcoin yield. Announced on April 14, this partnership integrates Avalon’s centralized decentralized finance (CeDeFi) product into Bybit’s yield platform, Bybit Earn. Users can earn returns by taking advantage of Bitcoin’s value while borrowing at a ...

Market News

Bybit Integrates Avalon: Seamless CeFi to DeFi Bridge for Enhanced Bitcoin Yield Opportunities

Crypto exchange Bybit has teamed up with Avalon, a lending protocol, to bring Bitcoin yield opportunities to its users. Avalon’s CeDeFi protocol will integrate into Bybit Earn, allowing users to earn Bitcoin yield while arbitraging on fixed-rate institutional borrowing. With Avalon’s recent announcement of securing up to $2 billion in credit, institutional borrowers can access ...

Market News

Lazarus Group Surpasses Tesla in Bitcoin Holdings: North Korea’s Impact on Cryptocurrency Market

The Lazarus Group, a hacking organization linked to North Korea, now holds more bitcoin than Tesla, the electric vehicle giant. According to Arkham Intelligence, Lazarus possesses 13,441 BTC, valued at $1.14 billion, which is 16% more than Tesla’s 11,509 BTC. Recently, Lazarus executed a significant hack on the crypto exchange Bybit, stealing $1.4 billion in ...

Market News

North Korean Hackers Cash Out Millions from $1.5 Billion ByBit Hack: A Deep Dive into the Cyber Heist

North Korean hackers, known as the Lazarus Group, have successfully stolen over $300 million from a recent $1.5 billion cryptocurrency heist targeting the ByBit exchange. This group has been active in laundering cryptocurrency to fund the North Korean regime’s military. Experts report that the hackers work almost around the clock to cover their money trail, ...

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