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Bybit, the world’s second-largest cryptocurrency exchange, has announced a $1 million investment in EthicHub, a platform connecting smallholder coffee farmers with ethical financial solutions, according to the most recent reports shared with Finbold on Monday, February 24.  Facilitated by the Blockchain for Good Alliance (BGA), the donation highlights Bybit’s ongoing commitment to promoting blockchain as a means of tackling non-digital challenges as well. This investment will operate exclusively within EthicHub’s ecosystem to ensure transparency and accountability.  Picks for you Here are key XRP price levels to watch this week 2 hours ago ChatGPT predicts XRP price for the end of 2025 3 hours ago ...

The Token2049 conference in Singapore attracted some of the biggest names in crypto, and some of them, unsurprisingly, took the opportunity to pump their own bags. According to some attendees who watched Arthur Hayes’ speech at the conference on Wednesday, the ex-BitMEX CEO took nearly 30 minutes of stage time to promote one of his favorite crypto projects, Pendle. On Friday, he sent over a million dollars of Pendle to his accounts at Binance and ByBit. Because centralized exchanges like Binance and ByBit commingle customer assets together, preventing absolute confirmation of what occurred, many people interpreted the transfer as an indication that Hayes sold those tokens . This is why @CryptoHayes is my daddy pic.twitter.com/wewtj8hLi1 — Pendle Intern (@PendleIntern) September 18, 2024 Reactions to Arthur Hayes’ Pendle trade Reactions to the transfer were immediate. Several made reference to Hayes’ iconic, underhanded exclamation, “Yahtzee!” while another said, “T...

Cryptocurrency exchange Bybit has applied for a Virtual Asset Service Provider (VASP) license in Hong Kong, according to regulatory filings. Bybit has joined the list of 14 applicants seeking a license from the Securities and Futures Commission (SFC) to offer services in Hong Kong. According to the regulatory filing submitted on Jan. 31, Bybit wants to offer services in the region through Spark Fintech Limited. The timing and approval status of Bybit’s application by the SFC remains unclear, as other crypto businesses, including OKX, are still awaiting regulatory approval. Thus far, only two companies, OSL Exchange and HashKey Exchange, have received a crypto trading license from the SFC. As of press time, Bybit has not issued any public statements regarding the application. Bybit expressed interest in expanding services in Hong Kong in April 2023, when the Dubai-based crypto exchange outlined plans to establish its central Asian business there. As crypto .news reported, ...

Cryptocurrency exchange Bybit has announced a new partnership with Mastercard. The collaboration is part of a long list of partnerships for the payments giant. Recently, Mastercard also collaborated with Latin American cryptocurrency exchange Bitso to launch a debit card in Mexico. The payments giant had also recently collaborated with Belo, Binance, and numerous other firms. According to the details from the recent press release, Bybit is launching the “ Bybit card” in partnership with Mastercard . Also read: ChatGPT: AI Will “Break Capitalism,” Says CEO Sam Altman JUST IN: #Crypto exchange Bybit partners with Mastercard to launch debit card. — Watcher.Guru (@WatcherGuru) March 6, 2023 Bybit cards will be available in Europe and UK The debit card will be powered by Mastercard, which will also allow users to convert cryptocurrency to fiat, withdraw cash from ATMs, and make purchases. The details from the press release revealed that...