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Bybit Climbs to Second Spot in Crypto Exchange

Bybit Climbs to Second in Global Crypto Exchange Rankings

According to a recent Kaiko report, Bybit Exchange has surged to become the world’s second-largest cryptocurrency exchange by volume. This leap has seen it surpass Coinbase and closely trail behind Binance.  Bybit’s Rise in Market Share Bybit’s market share has doubled from 8% to 16% since October. This growth is attributed to increased trading volumes …

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New Uptrend For DePIN Projects

Decentralized Physical Infrastructure Network (DePIN) projects have emerged as a significant innovation within the crypto ecosystem. These projects integrate blockchain technology with real-world applications. They create decentralized marketplaces and systems for computing power, energy management, telecommunications, and mapping. DePIN projects leverage incentivization systems powered by cryptocurrency. This promotes decentralized alternatives to traditional infrastructure services. The …

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Mt. Gox to Begin Repayments

Mt. Gox to Begin Repayments in July; Bitcoin Slides Under $60K

The defunct crypto exchange Mt. Gox will start distributing over 140,000 Bitcoin to victims of the 2014 hack in July 2024. The repayments, in Bitcoin and Bitcoin Cash, might add selling pressure to both markets. The Rise and Fall of Mt. Gox In its prime, Mt. Gox handled 70% of Bitcoin transactions worldwide. It was …

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Standard Chartered

Standard Chartered to Launch Spot Crypto Trading for BTC & ETH

Standard Chartered to Launch Spot Crypto Trading for Bitcoin, Ethereum The British multinational banking and financial services firm, Standard Chartered, is set to launch a spot cryptocurrency trading platform for Bitcoin and Ethereum. According to sources, this new venture will handle transactions in these two major cryptocurrencies. Standard Chartered Ready to Launch Crypto Trading On …

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Solana ETF

Solana ETF Next in Line?

The investment landscape is witnessing a significant shift with the introduction of the Solana ETF. 3iQ Corp, one of Canada’s leading investment fund managers, has filed to launch the first Solana Exchange Traded Fund (ETF) in Canada, and consequently, in North America. This groundbreaking move places Solana alongside other major digital assets available through traditional …

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