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
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
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”.
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
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
In the Formula One Singapore Grand Prix 2022, Sergio Pérez raced to a second victory of the season and the fourth win of his career. Max Verstappen, meanwhile, was the race’s seventh-place finisher. Bybit, the third most popular cryptocurrency exchange globally, announced in February this year that it will be
Bybit will contribute data to the Laevitas platform. Bybit released its new options trading web-based guide. One of the world’s prominent cryptocurrency exchange Bybit has teamed up with Laevitas, a data analytics platform that offers quantitative finance models for the cryptocurrency space. The collaboration intends to improve both top platforms’
The Brazilian Securities and Exchange Commission (CVM), recently announced the ban of prominent cryptocurrency exchange, Bybit. According to the official announcement, the regulatory body ordered the suspension of Bybit, from engaging in the securities brokerage business. CVM stated: “Public offering of any securities intermediary services, directly or indirectly, to Brazilian
To facilitate the expansion of Bybit as a gateway for retail and institutional USDC-settled products, the third largest crypto derivatives exchange by volume, Circle Internet Financial, a global digital financial technology firm and the issuer of USD Coin (USDC) and Euro Coin (EUROC), has partnered with Bybit. Bybit’s long-term goal
The fast-moving cryptocurrency industry has led to the development of innovative cryptocurrency trading apps, with the ability to buy, sell and trade apps with the swipe of a thumb. For some people, digital assets offer a means of earning a passive income, while others see cryptocurrency as an investment asset.
