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Bybit
Dubai Attracts Crypto.com, Bybit as Friendly Rules Bear Fruit
Crypto.com is establishing an office in Dubai while Bybit is moving its global HQ.

Korea’s Crypto Unicorns; Hong Kong’s E-CNY Pilot
Bybit signs Oracle Red Bull Formula 1 sponsorship deal. Korea’s crypto sector spawns two unicorns. Hong Kong an ideal cross-border e-CNY testbed. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Bybit to End Korean Language Support on Official Platforms, Social Media
The exchange also said it is discontinuing its official Korean community support on social media channels.

Spanish Securities Watchdog Warns 12 Firms Including Huobi, Bybit for Non-Registration
The watchdog isn't banning the exchanges.

Crypto Derivatives Exchange Bybit Expands Into Spot Trading
The platform has opened with four trading pairs. More will follow shortly.

Bybit to Introduce Stricter Customer-Identification Procedures Next Week
Users will have to undergo facial recognition and share identity documents make withdrawals.

Bybit Becomes Latest Crypto Platform to Be Targeted by Canadian Securities Regulator
The action against Bybit follows a similar one the OSC took against KuCoin trading platforms earlier this month.

CME Returns to Second Place in Latest Rankings of Bitcoin Futures Exchanges
The global derivatives giant improves from fifth place earlier this week. Binance ranks first.

Crypto Chaos Continues; Mass BTC Liquidations in Exchanges Across Asia
The Asian crypto markets continued to struggle as investors turned towards stablecoins to minimize losses. Mass BTC long positions were liquidated across exchanges in Asia, but Singapore-based Bybit tells us that the numbers don’t tell the full story. Meanwhile, decentralized finance lending protocol Maple Finance brings DeFi to institutions.

‘Fear’ Gets the Best of Bitcoin; Youtube Hit ‘Charlie Bit Me’ is Now an NFT; KAWS Launches New Project That Accepts Cryptocurrencies
Bitcoin is tumbling with market sentiment shifting from FOMO to FUD. Singapore-based crypto exchange Bybit spots a rare negative Bitcoin funding rate amidst falling crypto prices, but NFT adoption is holding strong as the 2007 Youtube hit “Charlie Bit Me” gets tokenized on the blockchain.
