In a touching statement posted on the Bybit blog, co-founder and CEO Ben Zhou reflects on the crypto sector and his visions for the future as the third-largest cryptocurrency exchange by volume, Bybit, celebrates its fifth anniversary. Ben emphasizes Bybit’s noteworthy accomplishments over the last five years in his message
On December 4th, South Korean financial authorities issued an update requesting that consumers disclose any unauthorized cryptocurrency exchanges providing services to customers inside the area. The endeavor was a joint effort by the South Korean Financial Intelligence Unit (FIU) and the Digital Asset Exchange Association (DAXA). Upbit, Bithumb, Coinone, Korbit,
An on-chain data analytics company Kaiko Research observed a spike in Coinbase’s market share after Binance reached a massive multi-billion-dollar settlement with US authorities last week. Binance and the US DoJ settled anti-money laundering claims to the tune of $4.3 billion on November 21. According to research company Kaiko Research,
According to blockchain research company Lookonchain, $22 million worth of digital assets have been transferred by defunct crypto exchange FTX and its subsidiary Alameda Research. After filing for bankruptcy, the new team of FTX and Alameda Research wasted no time and sent large sums to major exchanges. The business has
Using eight different cryptocurrencies, wallets associated with the now-defunct FTX exchange and its subsidiary Alameda Research sent $10.8 million to Binance, Coinbase, and Wintermute accounts. Spot On Chain, a blockchain research organization, saw the transaction and estimated that the organizations had moved $551 million using 59 distinct cryptocurrency tokens since
The third-largest cryptocurrency exchange in the world by volume, Bybit, has published new research that analyzes how traders modify their tactics in response to shifting market circumstances. The first to be started by a cryptocurrency exchange, “Navigating Bull and Bear Markets — A Dive Into Asset Allocation,” makes use of
During a recent Ask Me Anything (AMA) session on Twitter, Binance’s new CEO, Richard Teng, discussed his vision, answered user questions, and laid out the company’s future plans. At the same time, Teng thanked users for their support and spoke about Binance’s dedication to security, users, and worldwide compliance requirements.
The first cryptocurrency triparty agreement in history has been performed successfully by Binance, the global blockchain ecosystem that powers the biggest cryptocurrency exchange based on trading volume, in collaboration with a third-party banking partner. With this option, institutional investors may retain trade collateral in the custody of a third-party banking
Robinhood said on Thursday that it would launch its platform in the United Kingdom in early 2024. Retail investors in the UK can expect a new age of accessibility and opportunity, similar to the platform’s revolutionary influence in the US, as Robinhood gets ready for its worldwide debut. The platform
The bankruptcy court in Delaware approved the sale of around $873 million worth of trust assets held by the defunct crypto exchange FTX on November 29. Assets totaling $873 million will come from FTX holdings in several trusts issued by Bitwise ($66 million), a custody service provider, and Grayscale Investments
