Bybit launches optimized ETH staking ahead of shanghai upgrade
Bybit cryptocurrency exchange has launched a web3 staking pool that users may use to take advantage of its Ethereum staking possibilities. Bybit announced on March 31 that it had created a new staking product that makes it easier to interact with decentralized finance (DeFi) protocols. Before, consumers had to go through eleven stages in order […]
Bybit sets to launch Mastercard debit card
Days after halting USD transfers on its platform, Bybit is set to introduce Mastercard-powered debit cards that will let customers utilize their cryptocurrency holdings to make purchases of goods and services and also to withdraw cash. When used to make purchases of goods and services, the Bybit Card will utilize the Mastercard network to enable […]
Bybit Suspends USD Deposits Via Bank Transfer
Dubai-based Bybit is the most recent cryptocurrency exchange to halt wire transactions in dollars, citing partner interruptions. Due to “service outages from a partner,” Dubai-based cryptocurrency exchange Bybit has stopped deposits in US dollars made through bank transfers. Wire transfers can be used to withdraw money until March 10. The cryptocurrency company stated that “USD […]
Bybit and Ontario Securities Commission reached settlement agreement
Bybit and Ontario Securities Commission are currently in listing discussions; if the process is unsuccessful, the company will stop operating in Ontario. A day after the Ontario Securities Commission (OSC) published a Statement of Allegations against the cryptocurrency asset trading platform, Bybit said on Thursday that it has struck a settlement deal with the OSC. […]
Bybit Plans To Cut Jobs Amid Crypto Crash – Report Reveals
According to reports on Monday, Bybit is the latest crypto exchange to consider layoffs amid a catastrophic crypto crisis. Bybit CEO Ben Zhou has informed his staff in an internal memo that the exchange was considering layoffs beginning this week. Colin Wu , a crypto writer, broke the news, citing various inside sources. Bybit is […]