Elon Musk’s SpaceX has sent a crew of four private astronauts on the first manned space flight to orbit the Earth’s poles, in a mission bankrolled and led by a wealthy crypto investor.

Chun Wang, the Chinese-born Maltese entrepreneur who founded the Bitcoin (BTC) mining pool F2Pool, paid for and is leading SpaceX’s “Fram2” mission, which is named after a 19th-century Norwegian Arctic exploration ship.

Wang and three others blasted off from Cape Canaveral, Florida, at 1:46 am UTC on April 1, on a three- to five-day orbit that will be the first human space mission to fly over the North and South poles.

Liftoff of Fram2 and the @framonauts! pic.twitter.com/XBL5juCnHQ

— SpaceX (@SpaceX) April 1, 2025

Wang hasn’t disclosed how much he paid SpaceX for the flight, but he brought along German polar scientist Rabea Rogge, Norwegian cinematographer Jannicke Mikkelsen and Australian Arctic adventurer Eric Philips.

SpaceX said the crew will also carry out 22 experiments — including taking the first X-ray in space and growing mushrooms — which are designed to inform on human health in space and the effects of long-duration space flight.

Chun Wang (right) onboard the SpaceX Dragon capsule with Jannicke Mikkelsen (center-right), Rabea Rogge (center-left) and Eric Philips (left). Source: SpaceX

Wang was born in China but said in 2023 that he became a citizen of Malta. He founded F2Pool in 2013, which was one of China’s first Bitcoin mining pools and is currently the fourth-largest with a market share of just under 10%, according to mempool.space.

He went on to create the Ethereum staking pool provider Stakefish in 2018, which beaconchain data shows is currently the eighth largest pool, boasting around 2,025 validators.

Related: Inside ‘eccentric’ Ripple founder’s multibillion-dollar space station plan 

After blasting off from Florida, it took Wang and his crew less than 30 minutes to reach the South Pole flying around 265 miles (430 kilometers) above the Earth. They’re expected to completely circle the globe about every one and a half hours.

The SpaceX Dragon capsule will splash down off the coast of California after the mission ends, which will be the first for the company.

Magazine: Crypto fans are obsessed with longevity and biohacking — Here’s why 

Elon Musk’s SpaceX has sent a crew of four private astronauts on the first manned space flight to orbit the Earth’s poles, in a mission bankrolled and led by a wealthy crypto investor.

Chun Wang, the Chinese-born Maltese entrepreneur who founded the Bitcoin (BTC) mining pool F2Pool, paid for and is leading SpaceX’s “Fram2” mission, which is named after a 19th-century Norwegian Arctic exploration ship.

Wang and three others blasted off from Cape Canaveral, Florida, at 1:46 am UTC on April 1, on a three- to five-day orbit that will be the first human space mission to fly over the North and South poles.

Liftoff of Fram2 and the @framonauts! pic.twitter.com/XBL5juCnHQ

— SpaceX (@SpaceX) April 1, 2025

Wang hasn’t disclosed how much he paid SpaceX for the flight, but he brought along German polar scientist Rabea Rogge, Norwegian cinematographer Jannicke Mikkelsen and Australian Arctic adventurer Eric Philips.

SpaceX said the crew will also carry out 22 experiments — including taking the first X-ray in space and growing mushrooms — which are designed to inform on human health in space and the effects of long-duration space flight.

Chun Wang (right) onboard the SpaceX Dragon capsule with Jannicke Mikkelsen (center-right), Rabea Rogge (center-left) and Eric Philips (left). Source: SpaceX

Wang was born in China but said in 2023 that he became a citizen of Malta. He founded F2Pool in 2013, which was one of China’s first Bitcoin mining pools and is currently the fourth-largest with a market share of just under 10%, according to mempool.space.

He went on to create the Ethereum staking pool provider Stakefish in 2018, which beaconchain data shows is currently the eighth largest pool, boasting around 2,025 validators.

Related: Inside ‘eccentric’ Ripple founder’s multibillion-dollar space station plan 

After blasting off from Florida, it took Wang and his crew less than 30 minutes to reach the South Pole flying around 265 miles (430 kilometers) above the Earth. They’re expected to completely circle the globe about every one and a half hours.

The SpaceX Dragon capsule will splash down off the coast of California after the mission ends, which will be the first for the company.

Magazine: Crypto fans are obsessed with longevity and biohacking — Here’s why 

Non-fungible token (NFT) project Gutter Cat Gang (GCG) saw a rocky token launch of its GANG token on Apechain on March 31, attributed to a “technical issue” by a third party, though others pointed to reportedly low interest in the token.

While GCG didn’t confirm these figures, it did state in a March 31 Discord post that no GANG tokens were distributed due to it encountering a “technical issue” by a third party. “Bad news,” the chief architect of GCG, “Yugen,” wrote on GCG’s Discord channel. “The contract is stopping us from the 100% liquidity claim day 1,” which Yugen said is preventing participants from cashing in and out.“We’ve tried to fix it for at least an hour and no success,” said Yugen, who added:

“You will, be getting your $GANG. But not today. I will come back with a new exact date and time.”

Source: GCG/ Discord

The token sale was described as a “fumble” by X user and NFT enthusiast “Easy,” who pointed out that the team locked up 100% of the token supply in the vesting contract — running contrary to the GCG’s tokenomics plan.

Under that plan, 12.5% of GCG NFTs and 15% of Seed Round allocations were meant to unlock instantly, with the rest of the tokens scheduled to vest daily over the next 18 months.

GCG’s goal was to sell 12% of the total supply at $0.0089 per token — targeting a raise of around $1.08 million, which would’ve given it an implied market cap of $9 million.

The GCG team marketed the “useless” GANG tokens as “just vibes” with “no promises” and “no roadmaps.”

Reports on X suggest GANG failed to garner significant interest

Several X users claimed that GCG only raised 3.66 Ether (ETH) worth roughly $6,800 from the GANG token community sale — falling far short of the $1 million target that it supposedly set. However, GCG hasn’t confirmed or addressed these figures.

Related: Memecoins 2.0: The market crashed, but the billion-dollar circus rolls on

GCG launched on June 8, 2021, starting off as a collection of 3000 unique NFT avatars with a backstory around the post-apocalyptic shatters of society.

GCG’s NFT floor price used to be 8.5 ETH — worth $15,240 — in September 2022 but has since fallen to 0.19 ETH at current prices, NFT Price Floor data shows.

Source: GCG NFTs listed on NFT marketplace OpenSea. Source: OpenSea

The NFT firm was acquired by X user and NFT enthusiast “Mauloadream” who also goes by Noah, in October 2023 for an undisclosed amount.

Magazine: Arbitrum co-founder skeptical of move to based and native rollups: Steven Goldfeder

A recent Fidelity Digital Assets report questioned whether Bitcoin’s price had already seen its cyclical “blow off top” or if BTC (BTC) is on the cusp of another “acceleration phase.” 

According to Fidelity analyst Zack Wainwright, Bitcoin’s acceleration phases are characterized by “high volatility and high profit,” similar to the price action seen when BTC pushed above $20,000 in December 2020.  

While Bitcoin’s year-to-date return reflects an 11.4% loss, and the asset is down nearly 25% from its all-time high, Wainwright said the recent post-acceleration phase performance aligns with BTC’s average drawdowns, compared with previous market cycles. 

Bitcoin historical downside after acceleration phases. Source: Fidelity Digital Assets Research

Wainwright suggests that Bitcoin is still in an acceleration phase but is moving closer to the completion of the cycle, as March 3 represented day 232 of the period. Previous peaks lasted slightly longer before a corrective period set in. 

“The acceleration phase of 2010 – 2011, 2015, and 2017 reached their tops on day 244, 261, 280, respectively, suggesting a slightly more drawn-out phase each cycle.”

Related: MARA Holdings plans huge $2B stock offering to buy more Bitcoin

Is another parabolic rally in the cards for Bitcoin? 

Bitcoin’s price has languished below $100,000 since Feb. 21, and a good deal of the momentum and positive sentiment that comprised the “Trump trade” has dissipated and been replaced by tariff-war-induced volatility and the markets’ fear that the US could be heading into a recession.

Despite these overhanging factors and the negative impact they’ve had on day-to-day Bitcoin prices, large entities continue to add to their BTC stockpiles. 

On March 31, Strategy CEO Michael Saylor announced that the company had acquired 22,048 BTC ($1.92 billion) at an average price of $86,969 per Bitcoin. On the same day, Bitcoin miner MARA revealed plans to sell up to $2 billion in stock to acquire more BTC “from time to time.” 

Following in the footsteps of larger-cap companies, Japanese firm Metaplanet issued 2 billion yen ($13.3 million) in bonds on March 31 to buy more Bitcoin, and the biggest news of March came from GameStop announcing a $1.3 billion convertible notes offering, a portion of which could be used to purchase Bitcoin. 

The recent buying and statements of intent to buy from a variety of international and US-based publicly listed companies show a price-agnostic approach to accumulating BTC as a reserve asset, and highlight the positive future price expectations among institutional investors. 

While it is difficult to determine the impact of institutional investor Bitcoin purchases on BTC price, Wainwright said that a metric to watch is the number of days during a rolling 60-day period when the cryptocurrency hits a new all-time high. Wainwright posted the following chart and said: 

“Bitcoin has typically experienced two major surges within previous Acceleration Phases, with the first instance of this cycle’s following the election. If a new all-time high is on the horizon, it will have a starting base near $110,000.” 

Bitcoin’s number of all-time high days (rolling 60 days). Source: Fidelity Digital Assets Research

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

A recent Fidelity Digital Assets report questioned whether Bitcoin price had already seen its cyclical “blow off top” or if BTC (BTC) is on the cusp of another “acceleration phase.” 

According to Fidelity analyst Zack Wainwright, Bitcoin’s acceleration phases are characterized by “high volatility and high profit,” similar to the price action seen when BTC pushed above $20,000 in December 2020.  

While Bitcoin’s year-to-date return reflects an 11.44% loss, and the asset is down nearly 25% from its all-time high, Wainwright says the recent post-acceleration phase performance is in line with BTC’s average drawdowns when compared to previous market cycles. 

Bitcoin historical downside after acceleration phases. Source: Fidelity Digital Assets Research

Wainwright suggests that Bitcoin is still in an acceleration phase but is moving closer to the completion of the cycle, as March 3 represented day 232 of the period. Previous peaks lasted slightly longer before a corrective period set in. 

“The acceleration phase of 2010 – 2011, 2015, and 2017 reached their tops on day 244, 261, 280, respectively, suggesting a slightly more drawn-out phase each cycle.”

Related: MARA Holdings plans huge $2B stock offering to buy more Bitcoin

Is another parabolic rally on the cards for Bitcoin? 

Bitcoin price has languished below $100,000 since Feb. 21, and a good deal of the momentum and positive sentiment that comprised the “Trump trade” has dissipated and been replaced by tariff-war-induced volatility and the markets’ fear that the US could be heading into a recession.

Despite these overhanging factors and the negative impact they’ve had on day-to-day Bitcoin prices, large entities continue to add to their BTC stockpiles. 

On March 31, Strategy CEO Michael Saylor announced that the company had acquired 22,048 BTC ($1.92 billion) at an average price of $86,969 per Bitcoin. On the same day, Bitcoin miner MARA revealed plans to sell up to $2 billion in stock to acquire more BTC “from time to time.” 

Following in the footsteps of larger-cap companies, Japanese firm Metaplanet issued 2 billion yen ($13.3 million) in bonds on March 31 to buy more Bitcoin, and the largest news of March came from GameStop announcing a $1.3 billion convertible notes offering, a portion of which could be used to purchase Bitcoin. 

The recent buying and statements of intent to buy from a variety of international and US-based publicly listed companies show a price-agnostic approach to accumulating BTC as a reserve asset, and it highlights the positive future price exceptions held among institutional investors. 

While it is difficult to determine the impact of institutional investor Bitcoin purchases on BTC price, Wainwright said that a metric to keep an eye on is the number of days during a rolling 60-day period when the cryptocurrency hits a new all-time high. Wainwright posted the following chart and said, 

“Bitcoin has typically experienced two major surges within previous Acceleration Phases, with the first instance of this cycle’s following the election. If a new all-time high is on the horizon, it will have a starting base near $110,000.” 

Bitcoin’s number of all-time high days (rolling 60 days). Source: Fidelity Digital Assets Research

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

A recent Fidelity Digital Assets report questioned whether Bitcoin price had already seen its cyclical “blow off top” or if BTC (BTC) is on the cusp of another “acceleration phase.” 

According to Fidelity analyst Zack Wainwright, Bitcoin’s acceleration phases are characterized by “high volatility and high profit,” similar to the price action seen when BTC pushed above $20,000 in December 2020.  

While Bitcoin’s year-to-date return reflects an 11.44% loss, and the asset is down nearly 25% from its all-time high, Wainwright says the recent post-acceleration phase performance is in line with BTC’s average drawdowns when compared to previous market cycles. 

Bitcoin historical downside after acceleration phases. Source: Fidelity Digital Assets Research

Wainwright suggests that Bitcoin is still in an acceleration phase but is moving closer to the completion of the cycle, as March 3 represented day 232 of the period. Previous peaks lasted slightly longer before a corrective period set in. 

“The acceleration phase of 2010 – 2011, 2015, and 2017 reached their tops on day 244, 261, 280, respectively, suggesting a slightly more drawn-out phase each cycle.”

Related: MARA Holdings plans huge $2B stock offering to buy more Bitcoin

Is another parabolic rally on the cards for Bitcoin? 

Bitcoin price has languished below $100,000 since Feb. 21, and a good deal of the momentum and positive sentiment that comprised the “Trump trade” has dissipated and been replaced by tariff-war-induced volatility and the markets’ fear that the US could be heading into a recession.

Despite these overhanging factors and the negative impact they’ve had on day-to-day Bitcoin prices, large entities continue to add to their BTC stockpiles. 

On March 31, Strategy CEO Michael Saylor announced that the company had acquired 22,048 BTC ($1.92 billion) at an average price of $86,969 per Bitcoin. On the same day, Bitcoin miner MARA revealed plans to sell up to $2 billion in stock to acquire more BTC “from time to time.” 

Following in the footsteps of larger-cap companies, Japanese firm Metaplanet issued 2 billion yen ($13.3 million) in bonds on March 31 to buy more Bitcoin, and the largest news of March came from GameStop announcing a $1.3 billion convertible notes offering, a portion of which could be used to purchase Bitcoin. 

The recent buying and statements of intent to buy from a variety of international and US-based publicly listed companies show a price-agnostic approach to accumulating BTC as a reserve asset, and it highlights the positive future price exceptions held among institutional investors. 

While it is difficult to determine the impact of institutional investor Bitcoin purchases on BTC price, Wainwright said that a metric to keep an eye on is the number of days during a rolling 60-day period when the cryptocurrency hits a new all-time high. Wainwright posted the following chart and said, 

“Bitcoin has typically experienced two major surges within previous Acceleration Phases, with the first instance of this cycle’s following the election. If a new all-time high is on the horizon, it will have a starting base near $110,000.” 

Bitcoin’s number of all-time high days (rolling 60 days). Source: Fidelity Digital Assets Research

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Losses to crypto scams, exploits, and hacks dropped to just $28.8 million in March, far from February’s spike to $1.5 billion in losses after the Bybit hack.

Code vulnerabilities accounted for the most losses, at over $14 million, while wallet compromises were used to steal over $8 million, blockchain security firm CertiK said in an April 1 post to X.

The most significant loss for the month was the $13 million March 25 smart contract exploit of the decentralized lending protocol Abracadabra.money.

After accounting for returned funds, a total of $28.8 million was stolen through exploits, hacks and scams in March. Source: CertiK

In a separate March 27 report, the blockchain security firm said, “The attacker was able to borrow funds, liquidate themselves, then borrow funds again without repaying them.”

“This was due to the liquidation process not overwriting records in RouterOrder that counted as collateral, allowing the exploiter to falsely borrow additional funds after liquidation,” CertiK said.

The protocols team has offered a 20% bounty, double the standard 10%, in exchange for the return of the funds, according to CertiK. So far, no public updates have been given on whether any funds have been returned.

The second highest monthly loss was restaking protocol Zoth after its deployer wallet was compromised and the attacker withdrew over $8.4 million in crypto assets. 

March crypto losses reduced after hacker returned funds 

Some of the stolen funds in March were returned. In total, CertiK says over $33 million was stolen for the month, but decentralized exchange aggregator 1inch successfully recovered most of the $5 million stolen in a March 5 exploit after negotiating a bug bounty agreement with the attacker.

The total figures, however, exclude an unknown Coinbase user who crypto sleuth ZachXBT claims lost 400 Bitcoin (BTC), worth $34 million. At the same time, ZachXBT said over $46 million could have been lost in March to phishing scams spoofing crypto exchanges.

Related: DeFi protocol SIR.trading loses entire $355K TVL in ‘worst news’ possible

Australian federal police said on March 21 that they had to alert 130 people of a message scam aimed at crypto users that spoofed the same “sender ID” as legitimate crypto exchanges. 

X users also reported on March 14 of messages spoofing crypto exchanges trying to trick users into setting up a new wallet using pre-generated recovery phrases controlled by the fraudsters.

Magazine: Mystery celeb memecoin scam factory, HK firm dumps Bitcoin: Asia Express

Vanuatu has passed laws to regulate digital assets and provide a licensing regime for crypto companies wanting to operate in the Pacific island nation, which a government regulatory consultant has called “very stringent.” 

The local parliament passed the Virtual Asset Service Providers Act on March 26, giving crypto licensing authority to the Vanuatu Financial Services Commission (VFSC) along with powers to enforce the Financial Action Task Force’s Anti-Money Laundering, Counter-Terrorism Financing and Travel Rule standards with crypto firms.

The VFSC has sweeping investigation and enforcement powers under the laws, with penalties stipulating fines of up to 250 million vatu ($2 million) and up to 30 years in prison.

“God help any scammer that goes into Vanuatu because you’ll go to jail,” Loretta Joseph, who consulted with the regulator on the laws, told Cointelegraph. “The laws are very stringent.”

“The thing is, we don’t want another FTX debacle,” she added, referring to the once Bahamas-based crypto exchange that collapsed in 2022 due to massive fraud committed by its co-founders, Sam Bankman-Fried and Gary Wang, along with other executives.

“Vanuatu is a small jurisdiction. Small jurisdictions are preyed on by the players that are looking for no regulation or light touch regulation,” Joseph said. “This is certainly not that.”

“I’m so proud of them to be the first country in the Pacific to actually take a position and do this,” she added. 

New Vanuatu law regulates slate of crypto companies

The law establishes a licensing and reporting framework for exchanges, non-fungible token (NFT) marketplaces, crypto custody providers and initial coin offerings.

The law notably allows for banks to be licensed to provide crypto exchange and custody services. Source: Parliament of the Republic of Vanuatu

The VFSC said that the legislation doesn’t affect stablecoins, tokenized securities, and central bank digital currencies even though they “may in practice share some similarities with virtual assets.”

The legislation also allows for the VFSC’s commissioner to create a sandbox to allow approved companies to offer a variety of crypto services for a year, which can be renewed.

Related: Australia outlines crypto regulation plan, promises action on debanking

Joseph said Vanuatu “needed a standalone piece of legislation” that covered Anti-Money Laundering and Counter-Terror Financing requirements, as the country didn’t have existing laws suited to virtual assets.

The regulator said in a March 29 statement that it had developed the legislative framework after years of “assessing the risks associated with virtual assets,” and the laws would open “numerous opportunities for Vanuatu” and improve financial inclusion by allowing regulated services for crypto cross-border payments.

VFSC Commissioner Branan Karae had said in June that the bill was expected to pass that September, but Joseph said the legislation was “not something that was done lightly.” It had been in development since 2020 and was delayed due to changes in government, natural disasters and COVID-19 pandemic-related disruptions.

Magazine: How crypto laws are changing across the world in 2025 

Vanuatu has passed laws to regulate digital assets and provide a licensing regime for crypto companies wanting to operate in the Pacific island nation, which a government regulatory consultant has called “very stringent.” 

The local parliament passed the Virtual Asset Service Providers Act on March 26, giving crypto licensing authority to the Vanuatu Financial Services Commission (VFSC) along with powers to enforce the Financial Action Task Force’s Anti-Money Laundering, Counter-Terrorism Financing and Travel Rule standards with crypto firms.

The VFSC has sweeping investigation and enforcement powers under the laws, with penalties stipulating fines of up to 250 million vatu ($2 million) and up to 30 years in prison.

“God help any scammer that goes into Vanuatu because you’ll go to jail,” Loretta Joseph, who consulted with the regulator on the laws, told Cointelegraph. “The laws are very stringent.”

“The thing is, we don’t want another FTX debacle,” she added, referring to the once Bahamas-based crypto exchange that collapsed in 2022 due to massive fraud committed by its co-founders, Sam Bankman-Fried and Gary Wang, along with other executives.

“Vanuatu is a small jurisdiction. Small jurisdictions are preyed on by the players that are looking for no regulation or light touch regulation,” Joseph said. “This is certainly not that.”

“I’m so proud of them to be the first country in the Pacific to actually take a position and do this,” she added. 

New Vanuatu law regulates slate of crypto companies

The law establishes a licensing and reporting framework for exchanges, non-fungible token (NFT) marketplaces, crypto custody providers and initial coin offerings.

The law notably allows for banks to be licensed to provide crypto exchange and custody services. Source: Parliament of the Republic of Vanuatu

The VFSC said that the legislation doesn’t affect stablecoins, tokenized securities, and central bank digital currencies even though they “may in practice share some similarities with virtual assets.”

The legislation also allows for the VFSC’s commissioner to create a sandbox to allow approved companies to offer a variety of crypto services for a year, which can be renewed.

Related: Australia outlines crypto regulation plan, promises action on debanking

Joseph said Vanuatu “needed a standalone piece of legislation” that covered Anti-Money Laundering and Counter-Terror Financing requirements, as the country didn’t have existing laws suited to virtual assets.

The regulator said in a March 29 statement that it had developed the legislative framework after years of “assessing the risks associated with virtual assets,” and the laws would open “numerous opportunities for Vanuatu” and improve financial inclusion by allowing regulated services for crypto cross-border payments.

VFSC Commissioner Branan Karae had said in June that the bill was expected to pass that September, but Joseph said the legislation was “not something that was done lightly.” It had been in development since 2020 and was delayed due to changes in government, natural disasters and COVID-19 pandemic-related disruptions.

Magazine: How crypto laws are changing across the world in 2025 

The founder of the recently hacked decentralized finance protocol SIR.trading has issued an emotional plea to the attacker, urging them to return approximately 70% of the stolen customer funds. Without the recovery of these funds, the protocol is unlikely to survive.

“Here is my proposal, keep $100k as a fair share for your critical bug find, and return the remaining,” SIR.trading’s pseudonymous founder “Xatarrer” wrote in a March 31 onchain message to the attacker following the $355,000 hack on March 30.

“We’ll call it even. No legal games, no drama,” they added. 

Xatarrer said that SIR.trading was built on the back of four years of late-night coding and $70,000 from friends and believers without any additional venture capital funding.

“We grew to $400k TVL organically without any advertising. If you keep 100% of the funds, there is no chance for us to survive.”

Xatarrer even praised the hacker for the sophisticated hack, stating that it was “almost beautiful if it wasn’t for all the funds people lost.”

Source: SIR.trading

The hacker hasn’t responded and has already transferred the stolen funds through to Ethereum privacy solution Railgun, according to data from Ethereum block explorer Etherscan.

Xatarrer initially said on March 30 that the SIR.trading team intended to keep the protocol up and running despite the setback. “We’ve already started planning our next steps. Those impacted by the hack will not be forgotten,” it said on March 31.

Hack resulted from feature added to Ethereum’s Dencun upgrade

The hacker targeted a callback function used in the protocol’s “vulnerable contract Vault” which leverages Ethereum’s transient storage feature. 

The hacker managed to replace the real Uniswap pool address used in this callback function with an address under the hacker’s control, allowing them to redirect the funds in the vault to their address by repeatedly calling the callback function until all of the protocol’s total value locked was drained.

The transient storage feature was added to Ethereum in the March 2024 Dencun upgrade as a solution to offer users lower gas fees than gas typically required for regular storage.

Related: DeFi hacks drop 40% in 2024, CeFi breaches surge to $694M — Hacken

SIR.trading’s documentation shows that it was billed as “a new DeFi protocol for safer leverage” to address some of the challenges that often occur in leveraged trading — such as volatility decay and liquidation risks.

It comes as crypto lost to exploits and scams fell to $28.8M in March, blockchain security firm CertiK said in a March 31 X post. Around $4.8 million was subtracted from that figure after hackers involved in the 1inch Resolver incident returned the stolen funds.

Crypto exploits and scams had one of their worst months in February, headlined by the $1.4 billion Bybit hack.

Magazine: Should crypto projects ever negotiate with hackers? Probably