Bybit

The post Bybit Confirms Executive ‘Role Changes’ Amid Notoin Deposit Delay appeared first on Coinpedia Fintech News Bybit has confirmed the reports that several executives have changed roles after a delay in Notcoin deposits earlier this month. Users had faced delays in depositing the newly issued Notcoin to Bybit which resulted in losses. The exchange issued $32 million in compensation to 320,000 users. Several executives had voluntarily resigned and it recruited new technical and spot managers. Bybit revealed that a…

Dubai, United Arab Emirates, May 21st, 2024, Chainwire Bybit, one of the world’s top three crypto exchanges by volume, experienced a surge in trading volume on the popular ETH/BTC pair on the back of news that US regulators may approve an Ethereum ETF soon. Following the news, traders potentially profited from ETH’s impressive 15% move against BTC. The news that caused the surge was that US regulators asked ETH ETF applicants to update their filings, causing speculation that the updates…

The post French Regulator Renews Warning Against Blacklisted Bybit appeared first on Coinpedia Fintech News France’s securities regulator has issued a renewed warning against Bybit, urging customers to make arrangements as the exchange may suddenly cease providing services in France. Bybit has been blacklisted by the AMF since May 2022 for non-compliance with French regulations, as it was not registered as a Digital Assets Service Provider (DASP) and was operating illegally. The notice may hint at forthcoming enforcement action against…

Bybit is introducing a new community incentive campaign focused on Ethereum. The Bybit Ethereum campaign features rewards including USDT and Tesla Cybertruck. Bybit, one of the leading cryptocurrency exchanges globally, has rolled out a campaign titled “Ethereum Euphoria: The ETF Expedition.” The launch is coming as the crypto community eagerly awaits the U.S. Securities and Exchange Commission’s (SEC) decision on Ethereum Spot ETF applications. Engaging Activities and Lucrative Rewards for Participants The campaign aims to engage users while offering them…

Dubai, United Arab Emirates, May 13th, 2024, Chainwire Bybit Web3, the Web3 division of Bybit, one of the top three global crypto exchanges by trading volume, today announced an upcoming Initial DEX Offering (IDO) for Thetanuts (NUTS) on its Web3 platform.  "Bybit Web3 is thrilled to provide our community with early access to Thetanuts, a leading DeFi options protocol redefining the altcoin options landscape," said Emily Bao, Bybit Web3 Evangelist. "Thetanuts' impressive TVL demonstrates strong community support and highlights the…

On the 10th of May 2024 at 10AM UTC, Galaxis, a Swiss-based Web3 platform, is set to announce its initial token launch, which will be accessible through the Bybit exchange platform. Galaxis is a platform designed to empower creators and brands to build and manage their communities, ensuring that once a community is established, it remains under the sole ownership of its creator and members. Along the journey, partnerships with high-profile individuals like DJ Steve Aoki, actor Val Kilmer, and…

Dubai, United Arab Emirates, May 9th, 2024, Chainwire Bybit, one of the world’s top three crypto exchanges by volume, today announced that Bybit Web3 joins forces with UCO Network (UCO) and Blockchain for Good (BGA) to co-host the "Blocks for Good" bi-weekly series on X Spaces. This exciting initiative delves into the critical intersection between blockchain technology and sustainability. "Blocks for Good" features insightful roundtable discussions with industry experts, thought leaders, and changemakers. The upcoming episode on Sunday, May 12th,…

Bybit has announced the upcoming Initial DEX Offering for Galaxis on its Web3 platform, with the snap period set for May 7-10 and the listing following immediately after. Galaxis is a decentralized community platform with NFT collections, community governance, DAO features and a built-in royalties marketplace. Bybit, one of the world’s top crypto exchanges, has announced the upcoming initial DEX offering (IDO) for Galaxis on its Web3 platform. An IDO is a fundraising approach that, unlike an ICO, works with…

Galaxis is preparing for this month's token launch on Bybit, with the first phase commencing through the IDO. To further enhance this launch, Galaxis has announced a substantial $1,000,000 Community Creator and Community Member Grant Program. This initiative incentivizes both community creators and members for active engagement in the Galaxis ecosystem. Galaxis, known for its partnerships with Mike Tyson, Steve Aoki, and the NBA, promotes the Web3 creator movement by offering a platform for creators to benefit from their work.…