What Is OFAC And Their Role in Crypto Regulations
As cryptocurrency adoption accelerates across borders, businesses face a growing need to understand global regulatory obligations—especially those enforced by U.S. authorities. Among the most critical, yet often misunderstood, is the Office of Foreign Assets Control (OFAC). Whether you’re a centralized exchange, a DeFi aggregator, or an enterprise issuing tokenized assets, OFAC compliance isn’t optional—it’s foundational. […]
Bybit $1.5 Billion Hack: How KYT Analytics Can Help Recover Stolen Funds
All You Need to Know About Bybit’s Hacking Incident On February 21, 2025, Bybit, one of the world’s largest cryptocurrency exchanges, suffered a significant security breach during a cold-to-warm wallet transfer. The attack exploited a vulnerability in custody operations, allowing hackers to drain 401,000 ETH (valued at approximately $1.5 billion). This theft triggered a 4% […]
