What Is Bitcoin? Learn in Simple steps

What Is Bitcoin?

Bitcoin, created in 2009 by Satoshi Nakamoto, is the first decentralized cryptocurrency facilitating peer-to-peer transactions through blockchain technology. With a limited supply of 21 million, Bitcoin’s popularity is rising as both currency and investment. Recently, it gained attention as a legal tender in El Salvador, highlighting its evolving role in the economy.

The Lazarus Group’s Attack on Bybit: $1.46 Billion Loss

Bybit announced it was hacked on February 21, losing approximately $1.46 billion in digital assets, with 401,347 ETH targeted. The attack exploited a vulnerability during a routine transfer. The Lazarus Group was identified as the hacker. Bybit assures users their assets are secure and pledges 10% of recovered funds as a bounty.