The Digital Rupee (eRupee), a new payment option for its INR consumers, is being introduced by Bybit, the second-largest cryptocurrency exchange in the world based on trading volume. Now available, this cutting-edge wallet-based mobile payment solution gives customers a safe and practical method to conduct transactions on the platform. The
Following its acquisition of FTX Japan, BitfFlyer Holdings intends to introduce possible crypto-based ETFs. After completing the purchase of all outstanding shares of FTX Japan, BitFlyer now owns 100% of the company. According to a tweet by bitFlyer Holdings CEO Yuzo Kano on July 26th, the new company intends to
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, revealed today that it has risen to second place in the derivatives market, according to the most recent CoinMarketCap data, cementing its position as the world’s second-largest crypto exchange by trading volume. This noteworthy accomplishment highlights Bybit’s dedication to provide its
With CITI’s “buy” recommendation for Coinbase shares, the prominent cryptocurrency exchange has attracted a lot of interest from investors. The timing of this event, just before the exchange’s expected Q2 results report in early August, has sparked speculation as to why the market is so bullish. Coinbase’s rating has been
On July 23, Mt. Gox started transferring funds again, this time sending over $3.2 billion worth of 47,500 Bitcoin to two anonymous addresses. Arkham Intelligence claims that Mt. Gox has 90,344 Bitcoins (BTC) valued at $6.02 billion; however, this information is out of date; the actual value of Mt. Gox’s
The world’s second-largest cryptocurrency exchange by trading volume, Bybit, is hosting a livestream event called “Crypto Games 2024: What’s Hot, What’s Not in Crypto.” Crypto aficionados are invited to join in on the fun! On July 23 at 8am UTC, 4pm SGT, and 12pm Dubai Time, the livestream will delve into
The number of crypto exchanges that have withdrawn their licensing applications from the Hong Kong Securities and Futures Commission (SFC) is increasing, and HKX is the latest addition to that list. Existing customers were advised to withdraw their crypto assets by the HKX management team on July 18, who announced
Subaccount, an industry-first mechanism that enables users to take part in numerous campaigns at once, is the new competition mechanism that Bybit, the second-largest cryptocurrency exchange in the world based on trading volume, is launching this summer. The inaugural trading competition event using this new standard is the Subaccount Summer Gold
Halfway through 2024, total crypto market capitalization maintained its ascent, reaching over $2.27T, reflecting a 37.3% gain year-to-date, after a robust 2023. Gains were concentrated in the first three months of the year, when they increased by a substantial 60.2%. The cryptocurrency market lost some of its gains and sank
The decision in the tax evasion trial against Binance, a cryptocurrency exchange, is expected from a Nigerian court on October 11th. Among Binance’s four accusations of tax evasion is a failure to register with the Federal Inland Revenue Service (FIRS) of Nigeria. Local media reports that Ayodele Omotilewa, a lawyer
