XCH

Bybit proposes to request the ParaSwap DAO to return the fees obtained from the hacker exchange

ChainCatcher news, according to Cointelegraph, the cryptocurrency exchange Bybit has confirmed that it has initiated a proposal requesting the decentralized finance (DeFi) protocol ParaSwap to return the transaction fees generated from trading with digital assets stolen from the exchange by the Lazarus hacker group.On March 4, a proposal was published on the ParaSwap decentralized autonomous organization (DAO) forum, requesting the freezing and return of 44.67 wETH worth nearly $100,000. The proposal initially raised skepticism, with several DAO members demanding verification of its origin. Bybit posted a verification message on its official X account on March 5, confirming that the proposal was initiated by them.This proposal for fund return sparked intense discussions among DAO members. DeFi researcher and ParaSwap DAO representative Ignas pointed out that profiting from a hacker attack gives a "bad image" to the DAO, and returning the funds would demonstrate support for industry peers. He added that retaining these funds could attract regulatory scrutiny and legal troubles. However, he also warned that refunds would set a dangerous precedent for DeFi: "Code is law. The DAO legally earned the fees through smart contracts. If we return the funds now, what happens in similar situations in the future? This would set a dangerous precedent."Opinions among ParaSwap DAO members are divided, with some supporting conditional refunds of the fees, while others voted against the refund. DAO member SEED Gov proposed three possible courses of action: full refund, rejection of the request, or negotiating a structured refund that includes retaining 10% as a bounty, consistent with Bybit's existing bug bounty program.

Roam will start trading on eight exchanges simultaneously on March 6, with airdrop and reward activities launching at the same time

ChainCatcher news, Roam ($ROAM) will launch ROAM/USDT trading on March 6, 2025, at 10:00 (UTC) on eight exchanges: Bybit, KuCoin, MEXC, Bitget, Backpack, Gate.io, Hotcoin, and LBank. The specific arrangements for each exchange are as follows:Bybit: Deposits open from February 28 at 10:00 (UTC) (Solana network). New users can participate in a share of the $ROAM prize pool of 3.5 million (March 4-18), and there will be a trading event from March 6-18 to win a prize pool of 500,000 $ROAM.KuCoin: Deposits are open (SOL-SPL network). The collective auction will start on March 6 from 09:00 to 10:00 UTC, and various spot trading bots will be supported after trading goes live.MEXC: Deposits are open, with a pre-deposit prize pool of 10,000 $ROAM (maximum 100 $ROAM per person). Instant exchange will open on March 7 at 10:00 (UTC).Bitget: Deposits are open, and new users can enjoy a CandyBomb airdrop of 1,675,000 $ROAM (March 6-13).Backpack: Pre-deposits are open, but the event announcement has not yet been released.Gate.io: HODLer Airdrop provides 200,000 $ROAM (March 4-6, requires ≥ 1 GT), and deposits will share a pool of 20,000 $ROAM (March 3-10).Hotcoin: Deposits & trading will share a prize pool of 50,000 $ROAM (March 6-13).LBank: Pre-deposits are open, but the event announcement has not yet been released.In addition, Roam officially launched multiple airdrop activities: 100,000 ROAM community creation rewards; miner/network builder airdrops; and a 7-day continuous check-in reward (up to 1400 Points).
ChainCatcher Building the Web3 world with innovators