
Bybit Becomes First Crypto Exchange With Complete UAE Regulatory Approval
Bybit becomes the first cryptocurrency exchange to receive full Virtual Asset Platform Operator licensing in the UAE from the Securities and Commodities Authority.
Bybit becomes the first cryptocurrency exchange to receive full Virtual Asset Platform Operator licensing in the UAE from the Securities and Commodities Authority.
Dubai’s Bybit cryptocurrency exchange launches 24/5 trading for select stock CFDs, expanding from 6.5 daily hours to reduce timezone barriers for global traders.
Bybit partners with Qatar National Bank to list a tokenized money market fund as collateral, a move claimed to be a first under Dubai’s regulator.
Backed has officially launched xStocks, an initiative offering over 60 tokenized equities on major platforms like Bybit, Kraken, and the Solana blockchain.
Bybit CEO hints at “CEX-grade” liquidity for its decentralized exchange, scheduled to launch later this year.
Bybit has received a MiCA license from Austria’s Financial Market Authority, signaling a major step forward in the exchange’s European expansion.
German authorities seized $38 million in cryptocurrency linked to the Bybit hack, with eXch exchange used to launder the stolen funds.
Bitcoin liquidity on Bybit has returned to its pre-hack levels, signaling renewed stability after February’s $1.5 billion breach.
Bybit is seeing its stolen funds fade away since only $200 million in Ethereum is left to be swapped to Bitcoin.
Bybit plans to shut down major Web3 services, including wallets and NFT tools, by May in order to focus on core blockchain offerings.
Bybit recovers 7% of market share after a $1.4B hack by Lazarus Group, regaining investor confidence with new security measures and boosted liquidity.
Bybit has taken a significant step to enhance security by partnering with Zodia Custody.
Bybit lost $1.5B in a cyberattack linked to North Korean hackers. The breach stemmed from a compromised Safe{Wallet} developer machine.
THORChain reportedly generated $5.5M in transaction fees from the surge in activity linked to the laundering of Bybit’s stolen funds.
North Korea’s Lazarus group, reportedly behind the Bybit hack, has laundered all 499,000 stolen ETH leveraging crypto mixers and DEXs.