Chainflip Plans Upgrade to Block Bybit Hackers
TL;DR Chainflip upgrade to block hackers: The 1.7.10 upgrade introduces broker-level screening tools to prevent laundering stolen funds. Community consensus: Broad support for the upgrade...
Tag : bybit
Bybit Recovers from Hack and Launches a Bounty Program
TL;DR Following a cyberattack that resulted in the theft of $1.4 billion in Ethereum, Bybit has successfully replenished its reserves through strategic cryptocurrency purchases in...
Bybit’s Transparency Push, Fraud Scandal, and Pi Network Controversy
TL;DR Bybit enhances transparency by making its liquidation data fully accessible to the public, addressing previous underestimations. A former payroll manager was sentenced to nearly...
Bybit Launches a Bitcoin Trading Competition with 50,000 USDT in Prizes
TL;DR Bybit launches a Bitcoin trading competition with a total prize of 50,000 USDT, celebrating BTC’s new all-time high. Two distinct challenges: one for beginners...
ByBit Exits French Market Amidst Growing Regulatory Pressures
TL;DR ByBit leaves the French market due to regulatory pressures, highlighting the tension between decentralization and state regulation. Starting August 2, users in France will...
ByBit and KuCoin Have Been Fined by the Ontario Securities Commission
Two cryptocurrency exchanges, Bybit and KuCoin, have been hit with enforcement measures by a leading financial regulator in Canada. The actions were taken because the...
Bybit CEO: Crypto Exchanges Are Susceptible To Attacks
Crypto trade security is indeed in the news after programmers penetrated KuCoin. Yet, this shouldn’t astonish individuals as trades are powerless by configuration, as per...