Bybit Expands into U.S. Stocks and Commodities

Bybit, a leading name in the cryptocurrency exchange space, is taking a bold step toward reshaping its identity by integrating U.S. stocks and commodities into its trading portfolio. This strategic shift aims to position Bybit as a comprehensive multi-asset trading platform, catering to both retail and institutional investors seeking more diversified opportunities. During a livestream…

Bybit Secures In-Principle Approval from UAE’s SCA

Bybit, one of the world’s leading cryptocurrency exchanges, has reached a significant milestone in its expansion efforts. The company recently announced that it received an in-principle approval from the Securities and Commodities Authority (SCA) of the United Arab Emirates (UAE) to operate as a Virtual Asset Platform Operator in the country. This approval, dated February…

Ethereum Fluctuates as Bybit’s ETH Reserves Rebound Following Lazarus Group Hack

Ethereum’s price remained relatively stable over the weekend as the market digested the shocking $1.4 billion hack attributed to North Korea’s Lazarus Group. On Sunday, ETH traded at $2,795, recovering slightly from Friday’s low of $2,665. However, it remains roughly 32% below its December 2023 peak. Data from Coinglass suggests that Ethereum balances on Bybit…