Sun, September 29

Crypto Exchange Bybit Halts USD Deposits Via Bank Transfer

Bybit, one of the leading cryptocurrency exchanges, said on Saturday that it has temporarily suspended bank transfers of US Dollars. The exchange blamed interruptions in service from its banking partner but did not specify which bank was at fault. Since Silvergate voiced worries about liquidity challenges and difficulty for operations

March 5, 2023 2 mins read

Bybit and Talos Collaborate To Boost Digital Assets Trading Expansion For Institutional Clients

The third-most visited cryptocurrency exchange in the world, Bybit, has announced an exciting cooperation with Talos, the leading supplier of institutional digital asset trading technology. The integration combines the strength of Bybit’s access to a broad range of digital assets and best-in-market enterprise solutions, such as trading execution with accuracy, with

March 3, 2023 2 mins read

Crypto Exchanges Support to Turkey Earthquake Survivors

Turkey, the transcontinental western Asia peninsula country was hit by terrific earthquakes on Feb 6th. The country is scattered and the world is showing its support to the victims in various forms. The leading crypto firms and exchanges have also pledged to back Turkey in all possible ways. The first

February 7, 2023 2 mins read

Bybit Introduces Unified Trading Account (UTA) For Its Investors

Bybit, one of the most well-known cryptocurrency exchanges, has come up with a new initiative for its investors. According to the latest announcement from the trading platform, it has introduced a new feature called, Unified Trading Account (UTA), a flexible all-in-one account option that provides multiple benefits for Bybit customers. 

January 25, 2023 2 mins read

Bybit CEO Confirms Exposure of $150M to Bankruptcy Filed Genesis

On January 20th, major cryptocurrency lender Genesis Global Trading became the latest firm to declare bankruptcy. In the aftermath of FTX’s demise by filing for Chapter 11 bankruptcy protection in New York. The crypto community, however, is now more concerned about other businesses that were exposed to the lending organization.

January 20, 2023 2 mins read

Crypto Exchange Bybit Provides Merkle Tree-based Proof of Reserves

Bybit, another major cryptocurrency exchange, has joined the chorus of its peers calling for more openness in the wake of the FTX disaster. Its Merkle Tree-based proof-of-reserve technology was disclosed to the public on December 12. Through this new endeavor, Bybit’s users will be able to independently check the exchange’s

December 12, 2022 2 mins read

Bybit Reveals Decentralized Exchange ApeX Pro Integration

Despite, FTX collapse, centralized cryptocurrency exchange Bybit announced on Thursday that it has joined the decentralized exchange ApeX Pro into its platform, to offer users both types of exchanges on one platform. ApeX Pro is a non-custodial, decentralized exchange, which offers perpetual contracts by utilizing StarkEx, StarkWare’s scalability engine. Now

December 9, 2022 1 min read

Bybit Exchange To Lay Off 30% Staff Amid Sluggish Conditions

Crypto exchange Bybit has announced yet another round of widespread layoffs for the year 2022. Bybit co-founder and CEO Ben Zhou recently unveiled a restructuring plan that includes a significant decrease in staff in the face of a protracted bear market. All staff will be impacted by the “planned downsizing”.

December 4, 2022 1 min read

Bybit Brings Its Top-Notch Exchange to World Blockchain Summit Bangkok

One of the most trusted, reliable, and transparent cryptocurrency derivatives platforms, Bybit, joins the 23rd global edition of World Blockchain Summit as Headline Sponsor on 8-9 December 2022 at The Athenee Hotel, Bangkok. The advanced, user-friendly platform, combined with best-in-class infrastructure, excellent customer service, and multilingual community support; Bybit moves

November 25, 2022 2 mins read

Bybit Introduces $100M Institution Support Fund

As a result of the crisis surrounding FTX, the cryptocurrency industry has been shaken to its core during the last two weeks. Both traders and organizations have been badly impacted since they have been confronted with monetary and/or operational challenges. As a leading cryptocurrency exchange, Bybit stated that it understands

November 24, 2022 1 min read