ByBit

Bybit exchange implements Apple Pay for checkout

June 24, 2024 1 min read

Bybit crypto exchange is implementing Apple Pay as a more secure, private, and reliable payment option for its clientele. Starting from July 1, 2024, at 10AM UTC, users have the option to purchase cryptocurrencies using more than 20 different fiat currencies. During this time, transactions will not be subject to any fees. At checkout, users have the option to choose their favorite cryptocurrency and payment currency, and can select Apple

Bybit CEO Ben Zhou denies hack and insolvency rumors

May 24, 2024 2 mins read

Speculation that a major exchange was insolvent concerned the crypto world this week. With mounting worry, users identified Bybit as the exchange in peril. Bybit CEO Ben Zhou denied any hack or insolvency issues on X on Wednesday, assuring investors that the exchange was working regularly. This followed Tuesday claims of imminent bankruptcy, raising concerns of another FTX-like collapse. Arkham Intelligence’s Proof-of-Reserves (PoR) graph dropped from $11 billion to $6

Rumors of Bybit’s insolvency cause panic, but the crypto exchange reassures users of its stability

May 23, 2024 1 min read

Arkham’s on-chain analysis platform glitch sparked Bybit’s bankruptcy rumors, panicking the crypto community. Bybit has informed users of its stability and the untruthfulness of these rumors, inviting them to check its Proof of Reserves. After erroneous reports caused $50 million in withdrawals, Bybit reaffirmed its financial soundness. The rapid spread of Bybit’s bankruptcy rumors has raised concerns and suspicion. Arkham’s on-chain analytical software misrepresented Bybit’s asset decline, causing fear. Bybit

Bybit Web3 Announces Upcoming IDO for Nulink

May 9, 2024 3 mins read

Dubai, UAE, May 9th, 2024 Bybit, one of the world’s top three crypto exchanges by volume, today announced an upcoming Initial DEX Offering (IDO) for Nulink (NLK)on its Web3 platform.  “Bybit Web3 is excited to offer our community the opportunity to participate in the IDO for Nulink, a project that is redefining data privacy for DApps,” said Emily Bao, Bybit Web3 Evangelist. “NuLink’s innovative solutions empower developers to build secure and