The options markets of both Bitcoin and Ethereum are showing divergent trends, according to crypto exchange Bybit. In its latest crypto derivatives report, the crypto reported that Bitcoin's open interest began rebalancing after December's option expirations, while Ethereum saw rising demand for call options. It noted that this divergence between ...
Bybit has announced Xterio (XTER) as its latest Launchpad project. Xterio is an AI-driven blockchain gaming platform built on the Layer 2 OP Superchain and has raised over $80 million in funding, with support from major backers, including Binance Labs, Makers Fund, and DST Global Partners. The platform is designed ...
Bybit is making strides in the Brazilian market by introducing the physical Bybit Card. Brazilian users can now pre-register for the card and enjoy free issuance for a limited time. The launch follows the success of the virtual Bybit Card, which has been available since September 2024 and currently serves ...
The Netherlands' central bank, De Nederlandsche Bank, has imposed a €2.2 million ($2.4 million) fine on Bybit for providing crypto services in the country without proper registration. The penalty addresses Bybit's non-compliance with regulations aimed at preventing money laundering and terrorist financing. According to the Bank, the €2.2 million fine ...
A new report has indicated that Binance and Crypto.com are losing market share to smaller competitors as decentralized exchanges (DEXs) gain popularity. Binance, the largest cryptocurrency exchange globally, saw a 13% drop in spot trading volume over the past year, declining from 52.5% in October 2023 to 39.5% in October ...
Bybit has obtained a provisional licence in Dubai two years after establishing its headquarters there. The crypto exchange, which is the second-largest by derivatives volume, noted in a recent press release that it has received a non-operational licence from the Virtual Asset Regulatory Authority (VARA). The provisional license allows Bybit ...
Bybit has officially expanded its operations to Argentina as a licensed “Virtual Asset Service Provider (VASP) and card operator.” The crypto exchange announced that its VASP license, granted by Argentina’s Financial Intelligence Unit (FIU), will enable it to offer its full range of products in the region. Argentine crypto traders ...
ByBit has announced that it is ceasing operations in France due to recent regulatory actions by French authorities. Effective August 2, the company will restrict French users' accounts to "close-only" mode, preventing new positions or deposits. Users in France have been instructed to close all open positions and withdraw their ...
Bybit has announced an upcoming Initial Dex Offering (IDO) for the Teleegram-based web3 game LayerNet's native token, NetCoin ($NET). According to a press release, the IDO's subscription period will run from July 18 to July 25, offering a total supply of 800 million tokens, with 15 million allocated to the ...
Bybit has announced the listing of Hamster Kombat (HMSTR) tokens on its over-the-counter (OTC) platform, Bybit Pre-Market Trading. The official statement, released on July 8, 2024, marks a significant milestone for the record-breaking game in The Open Network (TON) ecosystem. According to the announcement, trading for HMSTR tokens commenced on ...
