Bybit is a global cryptocurrency derivatives exchange designed for all retail traders, professionals, and investment institutions alike.
Established in March 2018, Bybit emerged onto the cryptocurrency scene with a vision to deliver a top-notch platform, featuring an exceptionally swift matching engine, stellar customer service, and a diverse community support system in multiple languages. Tailored for crypto enthusiasts, Bybit provides a cutting-edge experience through its innovative online spot and derivatives trading services, alongside offerings in mining, staking products, and robust API support. With a global reach, the company caters to both retail and institutional clients, aspiring to position itself as the go-to exchange for the evolving world of digital assets.
BitMEX and Kraken experienced front-end outages for three hours on Nov. 18 due to a global Cloudflare service degradation. Cloudflare resolved the issue at 14:42 UTC after implementing fixes.
In a report by Bybit’s Lazarus Security Lab, it was revealed that 16 major blockchains include code that freezes funds.
Bybit is allegedly in discussion with Korbit’s management to kickstart the acquisition of the South Korean crypto exchange.