Regulation
Bybit eyes Hong Kong license: crypto expansion plans
Crypto derivatives exchange Bybit seeks to enter Hong Kong's market with a new license application.
SlamX
Lens
Bybit
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Regulation
Bybit crypto exchange follows Binance in exiting Canada amid tightened rules
Dubai-headquartered Bybit said it will exit the Canadian crypto market and stop accepting new accounts from Wednesday, citing a “recent regulatory development."
Timmy Shen
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Regulation
Bybit suspends U.S. dollar bank transfers, possible link to Silvergate shuttering crypto banking network
Bybit suspended U.S. dollar deposits and withdrawals via wire and bank transfers due to “service outages from a partner.”
Danny Park
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Crypto Trading and Strategies
Crypto exchange Bybit to cut 30% of staff to ‘navigate market slowdown’
Cryptocurrency exchange Bybit plans to cut 30% of its staff as part of a company reorganization, cofounder and chief executive officer Ben Zhou said in a statement shared with Forkast on Sunday.
Timmy Shen
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Crypto Trading and Strategies
Crypto exchange Bybit establishes US$100 million fund to aid institutional clients
Crypto exchange Bybit has established a US$100 million fund to support its institutional clients
Ningwei Qin
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Altcoins
Alameda says ‘wasn’t us’ amid speculation about BitDAO’s 20% plunge
BitDAO, or BIT, the token supported by crypto exchange Bybit, dropped more than 20% within an hour at one stage around noon on Tuesday in Asia.
Timmy Shen
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Altcoins
Bybit to work with Circle to offer USDC spot pairs
Singapore-headquartered crypto derivatives exchange Bybit is partnering with Circle, the issuer of stablecoin USD Coin (USDC), to offer USDC spot pairs. See related article: Bybit to cut up to 30% of its workforce Fast facts Bybit said on Thursday it will offer Circle’s services to its users by expanding its USDC spot pair listings to […]
Timmy Shen
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Regulation
Why Singapore needs to rethink its approach to regulating crypto
Singapore wants to attract institutional capital while shielding its people from crypto — but it can't have it both ways, writes Donovan Choy.
Donovan Choy
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Crypto Trading and Strategies
Valar Ventures-backed Vauld to lay off 30% of staff
The Singapore-based cryptocurrency exchange said the actions of a “few market participants” are creating a lot of uncertainty in the eyes of customers. See related article: ‘Buckle up’ for downsizing crypto market as employees laid off Fast facts The layoffs impact every team with marketing and talent acquisition departments being affected the most, as Vauld […]
Pradipta Mukherjee
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Crypto Trading and Strategies
Bybit to cut up to 30% of its workforce
Dubai-based crypto derivatives exchange Bybit is looking to cut up to 30% of its staff to reduce costs, journalist Colin Wu reported on Twitter, citing anonymous sources. See related article: Coinbase, biggest US crypto exchange, cuts workforce by 18% Fast facts “This was not an easy decision to make,” a Bybit spokesperson told Forkast in […]
Pradipta Mukherjee
