According to the official announcement, Bybit announced the launch of the inscription market, allowing users to trade BRC20 assets.

Bybit, the world’s third-largest cryptocurrency exchange by trading volume, is launching its latest initiative, “Bybit Trader of 2024,” according to … Continue source: https://finbold.com/bybit-launches-year-long-crypto-education-initiative-bybit-trader-of-2024/

According to Whale Alert data, 1,517 BTC (approximately $52,009,789) were transferred from the Bybit address to an unknown wallet.

Odaily Planet Daily News Bybit CEO Ben Zhou said that the new marketing rules in the UK that took effect on October 8 may force Bybit to withdraw from the UK market. (The Block)

Odaily Planet Daily News Enterprise-level blockchain platform SettleMint launched an AI assistant on its platform to help Web3 developers write smart contracts. Roderik van der Veer, co-founder and chief technology officer of SettleMint, said that SettleMint created artificial intelligence assistants not to replace humans. Artificial intelligence can help draft smart contracts, but its real value lies in explaining the role of each line of code. SettleMint primarily trains the AI ​​assistant on OpenAI's GPT-4 and provides it with the latest information on blockchain development. According to van der Veer, the “crypto winter” has not had a detrimental effect on SettleMint, and the company has “grown quite a lot” in terms of potential customers, with signed contract sales increasing 3-4 times this year. Changes in customer behavior also reflect the maturation of the enterprise blockchain space, as its users shift from "small teams within companies working on specific projects" to large teams undergoing "large-scale internal training." (Techcrunch) According to previous reports, in October 2022, SettleMint announced the completion of a 16 million euro Series A round of financing, led by Molten Ventures, with participation from OTB Ventures, Fujitsu Ventures, Allusion, Bloccelerate, and existing investor Medici Ventures, LP. SettleMint's "Blockchain Platform as a Service" (BPaaS) helps enterprises and development teams build blockchain applications and platforms, removes the complexity of blockchain technology, and provides users with a set of ready-to-use tools, frameworks, and templates and APIs. SettleMint plans to use this round of financing to strengthen the company's market position in Europe (Belgium), MEA (Dubai), India (Delhi) and Singapore, and will expand into the Japanese market.

Cryptocurrency exchange Bybit has announced that it has established its global headquarters in Dubai. In March 2022, Bybit announced that it had obtained approval-in-principle to operate a virtual asset business in the UAE.

Bybit co-founder and CEO Ben Zhou said on Twitter that Mirana is Bybit's investment arm, but only manages part of Bybit's assets and is isolated from customer funds. Bybit Earn products do not use Mirana. In addition, Genesis secured approximately $120 million worth of collateral on Mirana's $151 million borrowing, which has since been liquidated.

According to Wu Shuo Blockchain, Bybit issued an internal letter to provide a total of 3 million US dollars in rescue funds for Bybit employees trapped in the FTX incident. Personal accounts trapped in FTX (with savings of 50,000 USD and above) can apply , each person will receive $1,000 per month for 12 months.

The cryptocurrency exchange Bybit announced the launch of a web page that allows the creation of wallets and access to Web3 ecological applications through Bybit Wallet, as well as the management of encrypted assets and NFT. Bybit will launch exchange functions in November, IDO functions, airdrop management, NFT asset display, and cross-chain support in December, and decentralized identity management in the first quarter of 2023.