Bybit and Block Scholes explain why
Crypto exchange Bybit and Block Scholes, a London-based research firm, have published a new report analyzing why the much-anticipated altcoin season has yet to arrive during the current market cycle. The market so far is “a sea of uncertainty.” But could it still witness a shift to altseason? In their report,”Altcoin Rotation — Why Altseason […]
Bybit registers with India’s FIU after settling $1m non-compliance penalty
Cryptocurrency exchange ByBit is set to resume its services in India after registering with the country’s Financial Intelligence Unit. In a press release shared with crypto.news, ByBit said it is now registered with the FIU and compliant with and compliant with India’s Prevention of Money Laundering Act. “We have been working diligently with the FIU-IND […]
Apple removes Bybit, KuCoin, Bitget from Japan’s App Store
Apple has quietly removed multiple crypto exchange apps from Japan’s App Store at the request of authorities. Some crypto exchange apps are disappearing from Japan‘s App Store as Apple has seemingly removed several after authorities raised concerns. According to a Yahoo Japan report, mobile applications for Bybit, KuCoin, Bitget, MEXC, and LBank are no longer […]
Bybit CEO estimates crypto wipeout crossed $8b, more than $2b reported
Bybit CEO Ben Zhou has suggested that the ongoing crypto market liquidation event may be significantly larger than widely reported. According to CoinGlass data, over $2 billion in digital liquidations in 24 hours on Monday, Feb. 3, marking the single largest liquidation event in crypto history. Several analysts estimated liquidations exceeded $2.2 billion, surpassing the […]
Crypto market liquidations likely reached $10B — Bybit CEO
Bybit’s crypto liquidations alone amounted to over $2.1 billion, according to the exchange’s CEO. Source link
Crypto to ‘Banana Singularity,’ Bybit halts India services, and more: Hodler’s Digest, Jan. 5 – 11
Real Vision co-founder and CEO Raoul Pal says crypto is heading for ‘Banana Singularity,’ Russia seizes $10M in Bitcoin, and more: Hodler’s Source link
Bybit to temporarily suspend services in India
Bybit will temporarily restrict its services for Indian users starting Jan. 12. This pause comes as the platform completes its registration as a Virtual Digital Asset Service Provider with India’s Financial Intelligence Unit, according to a company announcement. During this period, Indian users will be unable to open new crypto or fiat trades, access trading […]
Malaysia’s SC cracksdown Bybit for illegal operations
The Securities Commission of Malaysia has instructed Bybit and its chief officer to cease the operation of all digital platforms in Malaysia and also halt all advertisements targeting Malaysian audiences. The SC published in its media release that it has begun enforcement proceedings against Bybit, a cryptocurrency exchange, and its business chief, Ben Zhou, for providing a […]
Bybit adds TON staking with Tonstakers integration
Crypto exchange Bybit has announced the integration of Tonstakers to bring new staking opportunities to its users. This follows the exchange’s announcement on Dec. 27 that its web3 wallet now supports the TON blockchain’s leading liquid staking protocol, Tonstakers. By integrating with Tonstakers, Bybit Web3 Wallet is taking the first step in bringing Toncoin (TON) […]
Ether poised to outperform Bitcoin: Bybit
Bybit’s November market report points toward Ethereum gaining traction as Bitcoin dominance fades. Source link
