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Bybit
Japan Regulator Warns 4 Crypto Exchanges for Operating Without Registration
Japan's Financial Services Agency said in a warning letter that foreign crypto exchanges Bybit, BitForex, MEXC Global and Bitget are operating in the country without proper registration. "The Hash" panel weighs in on the crypto regulatory framework in Japan.
Crypto Exchange Bybit to Cut 30% Staff Amid Crypto Winter
Crypto exchange Bybit will implement another round of job cuts, 30% of all staff, as it tries to refocus its operations amid a "deepening bear market," CEO Ben Zhou announced on Sunday in a Twitter post. "The Hash" panel discusses the latest fallout of crypto winter.
NFT Market Fraud in Focus; Bybit Job Cuts
Hong Kong movie star Louis Koo denies involvement with Chinese NFT platform. China’s Wechat bans NFT marketplace over flipping. Combating phishing scams and insider trading in the NFT market. Babel Finance says liquidity pressure eased with new debt agreements. Bybit to cut up to 30% of employees. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
BSN Developer’s NFT Warning; LINE Launches NFTs
BSN developer says “investment targets” NFTs won’t survive in China. Bybit explains their move to Dubai and plans for global growth. Messaging app LINE launches NFT marketplace in Japan. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.” We’ll be back on Tuesday after Easter break.
UAE Becoming Crypto Hub; India’s Tax Bogeyman
Australia’s BTC Markets partners with Mastercard for payment options. Crypto.com, Bybit book tickets to Dubai to set up bases. India’s crypto taxes scaring away younger investors. More on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
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.”
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.