Bybit, the second-biggest cryptocurrency exchange globally in terms of trading volume, has solidified its position as a significant force in the derivatives market. Between September and October, Bybit’s futures trading volume saw a phenomenal 61% increase. According to a recent report from Wu Blockchain, the monthly trading volume of this top
According to statistics provided by DeFiLlama, Binance, which is the leading blockchain ecosystem in the world and the biggest cryptocurrency exchange in terms of trading volume and users, has achieved two consecutive billion-dollar inflow weeks. This brings the total amount of net inflows for the month of November to more than
Fortune Asia’s first 2024 Asia FinTech Innovators list honors Binance, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider. Binance’s number 1 ranking in the Blockchain and Crypto category highlights its position as a leader in the quickly evolving world of digital assets. Fortune’s 2024 Asia FinTech Innovators list honors 60 of the
Binance Research’s November 2024 Monthly Insights report looks at important performance factors and current developments in the cryptocurrency sector. The overall market capitalization of cryptocurrencies increased by 2.8% in October 2024, mostly as a result of robust BTC inflows brought on by spot ETF activity and positive U.S. employment statistics.
After suffering a $230 million breach, cryptocurrency exchange WazirX intends to launch a Recovery Token to pay off creditors. According to the official announcement, creditors will have a concrete way to get their money back since the token would be airdropped to them based on their platform balance. The India-based
Crypto.com said today that it would provide qualified users with access to banking services via partner banks, as well as credit card and equity services through the Crypto.com family of enterprises, all backed by its most substantial benefits package to date, Level Up. With a progressive benefit structure, Level Up
Binance Charity, the philanthropic arm of the global blockchain firm Binance, is leading the donation of $3M to the Spanish Red Cross (Cruz Roja Española) in order to provide assistance to relief operations in the region. This contribution is in response to the disastrous floods that occurred in the Valencia province of Spain. In order
As the global cryptocurrency market experiences a resurgence with BTC revisiting the $73,000 mark, HTX, a leading cryptocurrency exchange, is rolling out a swath of innovative initiatives aimed at bolstering investor engagement and maximizing returns. HTX’s spokesperson, Liu Ye, recently took to X and shared several major upgrades for the
A recent report by Binance Research ‘Understanding the Rise of Memecoins’ explores how economic and cultural changes have fueled the meteoric rise of memecoins as a distinct asset class within cryptocurrencies. The macroeconomic environment, including inflation and growing financial disenchantment, especially among Millennials and Gen Z, is examined first. In this setting,
The second-biggest cryptocurrency exchange in the world based on trading volume, Bybit, is pleased to announce the debut of its fully localized platform (bybit.kz) for the Kazakhstan market. Bybit is prepared to provide Kazakhstan users with a customized, secure, and easy trading experience at bybit.kz after receiving complete license from the Astana Financial Services
