Crypto exchange Bybit has obtained a license in Cyprus, allowing it to offer a range of services including trading between crypto and fiat pairs, financial services related to crypto assets, and custody solutions. Bybit’s CEO, Ben Zhou, stated that the company supports the…
Binu Paul, the head of digital assets at the Financial Conduct Authority (FCA), has left the organization less than a year after joining. The FCA has confirmed his departure but has not provided any further details or announced a replacement. This comes at…
Metatime, a blockchain project aiming to create a complete Web3 ecosystem, has announced that its native token, Metatime Coin ($MTC), will be listed on the cryptocurrency exchange Bybit. The listing comes after Metatime’s smart contract infrastructure code was fully audited by the independent…
Economist Jim Rickards has raised concerns about the potential implementation of a social credit system in the US, powered by a central bank digital currency (CBDC). Rickards suggests that issuing a CBDC would provide the government with the necessary data to construct such…
In a surprising move, cryptocurrency exchange Binance has announced its departure from Cyprus. This decision has opened up a significant opportunity for its competitor, Bybit, to expand its operations in the country. The reasons behind Binance’s departure remain unclear, leaving many perplexed by…
The zkSync team has published a manifesto on Github called “ZkSync Credo” to share the vision and principles of their crypto project. They believe that Ethereum layer 2 is the next revolution in zero-knowledge proof technology, emphasizing integrity, privacy, and decentralization. The popularity…
After experiencing a substantial increase, buyers in the market are currently pausing as the previously strong bullish momentum comes to a halt. The key support level for Cardano (ADA) is currently at $0.28, while the key resistance levels are at $0.32 and $0.35.…
Swiss prosecutors have frozen $26 million in cryptocurrencies and US dollars belonging to Do Kwon, co-founder of Terraform Labs, and some of his associates. These assets were reportedly stored at Sygnum Bank, a Swiss financial institution. The freezing of funds was done at…
Amazon has invested $100 million in the new AWS Generative AI Innovation Center, which aims to help customers develop and launch new products and services based on emerging technology. The program connects AWS AI and machine learning (ML) experts with companies worldwide to…