Governance

Top tech news today: February 24, 2025

1. Hackers steal $1.5 billion from Bybit exchange Bybit suffers the largest crypto heist in history, with $1.5 billion stolen by hackers exploiting a security vulnerability. Source 2. UK government seeks £49m payment services provider The UK government issues a tender for a payment services provider…

Top tech news today: February 24, 2025

Headline

1. Hackers steal $1.5 billion from Bybit exchange Bybit suffers the largest crypto heist in history, with $1.5 billion stolen by hackers exploiting a security vulnerability. Source 2. UK government seeks £49m payment services provider The UK government issues a tender for a…

Context

Bybit suffers the largest crypto heist in history, with $1.5 billion stolen by hackers exploiting a security vulnerability. Source The UK government issues a tender for a payment services provider to support its Gov.uk Pay platform. Source

Evidence

Pending intelligence enrichment.

Analysis

James Radford, ex-Revolut UK chief, takes the helm at Volopa to drive its growth strategy. Source Bybit introduces a blacklisted wallets API to aid recovery efforts following its recent $1.5 billion hack. Source Project Gigabit expands its high-speed broadband coverage to 11,000 additional homes in Scotland. Source India and the UK announce a partnership to explore initiatives in telecom, AI, Open RAN, and 6G technologies. Source

Key Points

  • 1. Hackers steal $1.5 billion from Bybit exchange
  • 2. UK government seeks £49m payment services provider
  • 3. Former Revolut UK chief joins Volopa as CEO
  • 4. Bybit releases blacklisted wallets API for recovery
  • 5. Project Gigabit adds 11,000 homes in Scotland

Actions

Pending intelligence enrichment.

Author

Mandy