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Crypto exchange Bybit signs esports deals with Astralis and Alliance
23.8.2021
Cryptocurrency exchanges have identified esports as a potential growth driver. The industry has experienced significant growth in recent years as leagues look to monetize the competitive nature of video games
Bybit Becomes Esports Team NAVI's Official Crypto Platform for 3 Years
18.8.2021
Crypto exchange Bybit has entered a multi-year partnership with esports team NAVI, with the exchange saying that this "marks the beginning of its foray into esports collaborations."
The deal is a perfect match, say the new partners, as both industries showed "transformative...
Spanish officials issue warning on Huobi and Bybit crypto exchanges
17.8.2021
The National Securities Market Commission in Spain issued warnings on 11 entities for not being registered for investment services
While GBTC Bitcoin Stacking Slows, Grayscale Accumulates Alternative Crypto Assets
2.8.2021
Established in 2013, the firm Grayscale Investments has managed to become the world’s largest asset manager for digital currency. While initially starting with bitcoin, the company has since added a myriad of different crypto assets as Grayscale commands $36.34 billion in assets under...
Bybit Contributes $19.3M in ETH, USDC & USDT to BitDAO
28.7.2021
To make any sector grow, finance is the backbone. So is true for the Decentralized Finance sector as well. Even though it may not deal with the requirements of any tangible goods or raw materials, the presence of digital assets, i.e., cryptocurrencies itself, stands testimony to date for the growth...
Bybit Extends Its Reach With Spot Trade Offering
17.7.2021
Adding to the exchange platform’s existing cryptocurrency derivatives products, Bybit will now offer spot cryptocurrency trading in four pairs, with additional pairs set to be rolled out in the near future. Bybit Adds Spot Trading The recent weakness in crypto prices and transaction volumes...
Crypto Derivatives Giant Bybit Enters Spot Trading With More Products In Pipeline
15.7.2021
Ben Zhou. Source: A video screenshot, Youtube/Bybit
Major crypto derivatives exchange ByBit launched a spot trading pilot today and they have more products in the pipeline amid growing competition in the sector, Ben Zhou, the CEO of the company, told Cryptonews.com.
According to him, the platform...
Bybit KYC for Firms and Individual Clients: a Guide
12.7.2021
As Bybit will be launching this July 2021, it has implemented the Know Your Customer conformity for its firm-oriented and single crypto investor clients to sign up. The KYC ordeal is potent verification conformity for financial services to authorize and secure the client’s identification....
DeFi Mining Is Now Live on Bybit
7.7.2021
The growing competition in decentralized finance (DeFi) is leading to many innovations in the domain. The latest addition to the list of novel features has come from Curve Finance which has extended the convenience of earning higher yields on volatile assets. The feature known as DeFi mining is...
Crypto Derivatives Exchange Bybit to Introduce Stringent KYC Policy
7.7.2021
The British Virgin Islands-based Bybit Fintech Limited has announced the cryptocurrency derivatives exchange is introducing an updated know-your-customer (KYC) policy on July 12. Bybit notes that it already had certain KYC requirements implemented, but the new system reform is meant...
Bybit crypto exchange to impose KYC rules
6.7.2021
The world’s fifth-largest cryptocurrency derivatives exchange is implementing KYC rules to improve security compliance
Despite BTC’s Price Drop, Bitcoin Held on Exchanges Is 28% Lower Than Last Year
27.6.2021
While the price of bitcoin is more than 40% lower than it was 90 days ago on March 29, the number of bitcoin held on exchanges has also been reduced. Last year on the same day in June, 2.79 million bitcoin was retained on crypto trading platforms and a year later roughly 28.67% of the […]
Canadian regulator will hold hearing against Bybit for alleged violations of securities law
21.6.2021
The commission alleges Bybit exposes local investors "to unacceptable risks and create[s] an uneven playing field within the crypto asset trading platform sector.”
Fewer Brits See Crypto As Gamble, Public Kraken, Bybit Warned + More News
17.6.2021
Source: a screenshot, Instagram/krakenfx
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In the UK, the level of understanding of cryptocurrencies is declining, suggesting...
Bitdao Collects $230 Million in Private Capital From Investors
17.6.2021
As the decentralized finance movement proves its staying power and resilience, one of the world’s largest decentralized autonomous organizations, Bitdao, has concluded a private fundraising round to promote mass adoption of open finance. DAO to Allocate Capital Towards Improving Defi...
Bybit-backed BitDAO Announces USD 230M Funding Round to Fuel R&D
16.6.2021
The recently created decentralized autonomous organization (DAO) BitDAO says it has raised over USD 230m from a private sale funding round.
In a press release shared with Cryptonews.com, the DeFi group stated that it had received support from the likes of Peter Thiel, the Founders Fund, Pantera...
Japan’s Top Financial Watchdog Sends a Warning Crypto Derivatives Exchange Bybit
31.5.2021
The Japanese government’s Financial Services Agency (FSA) has issued a warning to the crypto derivatives exchange Bybit claiming that the trading platform is allowing residents of Japan access to the exchange. The news follows the Bank of Japan Governor Haruhiko Kuroda criticizing digital...
Japanese watchdog issues warning to crypto derivatives exchange Bybit
31.5.2021
The warning comes in response to Bybit’s marketing campaign that reportedly targeted Japanese investors
BTC Futures Open Interest Hits $23B, Binance Captures Lion’s Share, Signals Say 43% Chance of $64K Bitcoin by Month’s End
6.4.2021
Bitcoin futures open interest on Monday has crossed $23 billion according to data recorded on April 5. The crypto asset exchange Binance has taken the lead as far as open interest in bitcoin futures is concerned with a massive $10.5 billion in open interest. Binance Captures the Bitcoin Futures...
Bybit appoints new general counsel to lead global cryptocurrency compliance
9.3.2021
Daniel Lim will lead Bybit's legal and compliance team, following an appointment hot on the heels of Bybit's U.K. shutdown