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French regulator warns investors Bybit provided services ‘illegally’

The Autorité des Marchés Financiers reported Bybit has been blacklisted since May 2022 “for non-compliance with current French regulations.”

The Autorité des Marchés Financiers (AMF), the securities regulator in France, has reiterated a warning to crypto investors that Bybit is blacklisted in the country.

In a May 16 notice, the AMF reminded the French public that Bybit was an unregistered crypto platform operating illegally in the country, offering digital asset services on behalf of third parties. The regulator warned it had the authority to block Bybit’s website “providing its services illegally in France.”

“Unregistered platforms providing these services in France are illegal under French law,” said the AMF. “BYBIT is not registered as a [digital asset service provider].”

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Centralized Crypto Exchange Trading Volume Plummets in April After Six Months of Consecutive Gains: CCData

Centralized Crypto Exchange Trading Volume Plummets in April After Six Months of Consecutive Gains: CCData

New data reveals that the overall trading volume of centralized crypto exchanges (CEXs) plummeted in April after six consecutive months of gains. According to blockchain tracker CCData, the combined volume of spot market and derivatives trading on centralized exchange platforms fell by a staggering 43.8% to $6.58 trillion. The firm’s charts indicate that in March, […]

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Coinbase Won’t Support Upcoming AI Token Merger Between Fetch.ai, Ocean Protocol and SingularityNET

Crypto Derivatives Exchange Bitmex Ventures Into Options Trading

Crypto Derivatives Exchange Bitmex Ventures Into Options TradingOn Wednesday, the cryptocurrency exchange and derivatives trading platform Bitmex declared its introduction of new trading options. Users now have the opportunity to engage in a broad selection of crypto options, which are margined in bitcoin, USDT, or USDC. Bitmex Introduces Options Trading On Wednesday, the crypto firm Bitmex, established in 2014 by Arthur Hayes, […]

Coinbase Won’t Support Upcoming AI Token Merger Between Fetch.ai, Ocean Protocol and SingularityNET

Ethena’s USDe To Be Integrated Into Third Largest Global Crypto Exchange Bybit

Ethena’s USDe To Be Integrated Into Third Largest Global Crypto Exchange Bybit

A new Ethereum (ETH)-based USD-pegged stablecoin is getting a boost from one of the world’s largest crypto exchanges. Ethena Labs has announced that USDe, the stablecoin of the Ethena (ENA) ecosystem, is being integrated by Bybit, the third largest crypto exchange by trading volume. “We are excited to share one of the most important developments for USDe adoption to date. As of […]

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Coinbase Won’t Support Upcoming AI Token Merger Between Fetch.ai, Ocean Protocol and SingularityNET

OKX, Binance and Bybit monthly volumes tripled since late 2023

According to Bybit data, the growth trend of CEXs has failed to overtake the growth rate of decentralized exchanges (DEX), as major DEX Uniswap v3 increased volumes by 320%.

A new report says trading volumes on global centralized cryptocurrency exchanges (CEX) like Binance have spiked significantly since late last year.

According to data from the Bybit Institutional Report 2024, many CEXs at least tripled their monthly trading volumes from October 2023 to March 2024.

Released on April 18, Bybit’s report indicates that OKX 30-day volumes have surged as much as 278% since last October, while Binance followed with a 239% increase. Bybit exchange also stood out as one of the fastest-growing platforms in terms of volumes, adding 264%.

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Hong Kong Financial Regulator Adds Crypto Exchange Giant Bybit to List of ‘Suspicious’ Virtual Asset Platforms

Hong Kong Financial Regulator Adds Crypto Exchange Giant Bybit to List of ‘Suspicious’ Virtual Asset Platforms

The Securities and Futures Commission (SFC) of Hong Kong is adding crypto exchange Bybit to its list of suspicious virtual trading platforms. In a new statement, the financial regulator warns investors that Bybit is an unlicensed virtual asset trading platform (VATP). “The SFC cautions investors against investing with unlicensed entities. Investors may risk losing their […]

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Coinbase Won’t Support Upcoming AI Token Merger Between Fetch.ai, Ocean Protocol and SingularityNET

Over $700,000,000 in Bitcoin, Ethereum and Other Crypto Assets Liquidated in 24 Hours As BTC Falls Below $69,000

Over 0,000,000 in Bitcoin, Ethereum and Other Crypto Assets Liquidated in 24 Hours As BTC Falls Below ,000

Hundreds of millions of dollars worth of Bitcoin (BTC), Ethereum (ETH) and other crypto assets have been liquidated during the last 24 hours as BTC plunges back below its previous all-time high. New data from market intelligence platform Coinglass reveals that during the last day, $260 million worth of Bitcoin was liquidated, the overwhelming majority […]

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Coinbase Won’t Support Upcoming AI Token Merger Between Fetch.ai, Ocean Protocol and SingularityNET

Dogecoin (DOGE) Futures Reach Record-Setting Open Interest at $1,000,000,000

Dogecoin (DOGE) Futures Reach Record-Setting Open Interest at ,000,000,000

New data reveals meme asset Dogecoin (DOGE) futures have reached a record-setting $1 billion worth of open interest. According to market intelligence platform Coinglass, the dog-themed memecoin has hit an all-time high of $1 billion worth of open interest, or the total number of outstanding derivatives contracts for a given asset. The data unveils that […]

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Coinbase Won’t Support Upcoming AI Token Merger Between Fetch.ai, Ocean Protocol and SingularityNET