DeFI News by Thebittimes.Com

Bybit, the world’s second-largest cryptocurrency exchange, has launched bybit.kz, a fully localized platform for the Kazakhstani market, as revealed to Finbold on Wednesday, October 31.  With full authorization from the Astana Financial Services Authority (AFSA), Bybit is now fully compliant with the Central Asian country’s regulatory standards. Bybit is now fully licensed in Kazakhstan! Exciting things coming in October. Learn more https://t.co/spnN43HXsu pic.twitter.com/llcPbQHWsj — Bybit (@Bybit_Official) September 29, 2024 Picks for you 'Rich Dad' Robert Kiyosaki explains his big bet on Bitcoin 8 mins ago Binance uses Amazon’s AI solutions to elevate its user experience  55 mins ago ...

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is leveraging advanced artificial intelligence (AI) technology to protect users, as revealed to Finbold on Friday, September 20.  Bybit’s security strategy relies on a multi-layered approach, protecting both hot and cold wallets, with enhanced verification protocols scrutinizing large or high-risk transactions.  The rising threats in the crypto cybersecurity As cryptocurrency adoption continues to grow, so does the number of cybersecurity threats.  Picks for you Dormant Bitcoin whales activate after 15 years, move millions in BTC 29 mins ago Here's how much Michael Burry lost by selling Gold early 1 hour ago ...

Bybit, the world’s second-largest crypto exchange by trading volume, opened its new Amsterdam office on August 22, as per the most current information shared with Finbold on August 25.  This move marks a significant milestone in Bybit’s European expansion and highlights the platform’s commitment to innovation and growth within the Dutch market. At the @Bybit_Official office opening in Amsterdam! pic.twitter.com/GE7XZULHlf — Sjuul | AltCryptoGems (@AltCryptoGems) August 22, 2024 Bybit’s Amsterdam office The Amsterdam office stands as a symbol of Bybit’s dedication to the Dutch crypto community. Picks for you Ann Coulter's net worth 2024: How rich is the conservative firebrand? 1 hour ago AI predicts XRP price if ...

Rumors of problems with Ethena ’s $2.5 billion so-called stablecoin USDe have been fueled this week by reports that giant exchange ByBit — where Ethena trades some of its assets — is experiencing financial problems, possibly even insolvency . Some claim that the rumors were attributable to a dashboard error at Arkham while others believed them to be true. Observers noted a small amount of exchange outflows relative to ByBit’s total assets. ByBit itself has since refuted any claims of insolvency. Protos reached out to the exchange for comment but at time of publication has not received a response. Over the last seven days, neither the price of Ethena’s proprietary token ENA nor its stablecoin USDe have declined in price. For its part, Ethena claims to hold all of its collateral off-exchange at third-party custodians like Copper or Cobo. Although it clears trades via crypto exchanges, it claims to hold the collateral backing its positions, including ByBit perpetual futur...