Bybit Lydia Tsomondo

Bybit Enables Merkle Tree Verification for Proof of Reserves

Retrieved on: 
Sunday, December 18, 2022
Ethereum, TRON, Bitcoin, MIBR, Polygon, Avalanche, City, Merkle tree, KYC, Astralis, AML, Risk management, Publishing, Formula, NAVI, Cryptocurrency, Bybit Lydia Tsomondo, Optimism, Fridtjof Nansen

The system uses Merkle Tree to enable users to quickly verify their assets deposited in Bybit and authenticates that Bybit holds all the users assets 1:1.

Key Points: 
  • The system uses Merkle Tree to enable users to quickly verify their assets deposited in Bybit and authenticates that Bybit holds all the users assets 1:1.
  • With the release of the Merkle Tree, Bybit has further demonstrated its robust finances and commitment to full transparency.
  • Users can use their Merkle Leaf code to check that their assets are recorded as liabilities in Bybit’s reserves.
  • Direct Proof of Reserves verification is available to all users with equity in the following:
    Funding accounts, which include crypto holdings and balances held in “Bybit Earn” products.

Medieval Empires is launching $MEE Token

Retrieved on: 
Tuesday, December 13, 2022
Kayı (tribe), IEO, Mechanics, Blockchain, Polygon, Sale, MEE, IDO, Macintosh operating systems, Android, Iđoš, Utility, IOS, Bybit Lydia Tsomondo, WeTab, Microsoft Windows, NFT, Cryptocurrency, ME

The game's $MEE token, aka The Utility Token provides community and political influence, plus Airdrops and special Lands.

Key Points: 
  • The game's $MEE token, aka The Utility Token provides community and political influence, plus Airdrops and special Lands.
  • Assad Dar, Chief Visionary Officer and Co-founder of Medieval Empires, is all geared up for the upcoming big event.
  • "What I love about Medieval Empires is that the best professionals from different fields have come together to create this blockchain game.
  • Medieval Empires is set to launch in the second quarter of 2023 and promises to be a one-of-its-kind blockchain game.

Waves Founder Sasha Ivanov says Waves doesn't need centralized exchanges, outlining path to aggressive decentralization

Retrieved on: 
Friday, December 16, 2022
Finance, Blockchain, Professional Services, Technology, Web3, Maker, Crypto, Mechanics, Treasury, WX, Ecosystem, DAI, Neutrino, WAVES, Bybit Lydia Tsomondo, Survival, Waves, Market maker, USDT, Cryptocurrency

Waves founder Sasha Ivanov is today issuing a statement affirming that the Waves ecosystem is fully functional, decentralized and is not threatened by the depeg of the USDN stablecoin.

Key Points: 
  • Waves founder Sasha Ivanov is today issuing a statement affirming that the Waves ecosystem is fully functional, decentralized and is not threatened by the depeg of the USDN stablecoin.
  • The amount of WAVES in the USDN contract is not significant enough to impact price - even in the worst-case scenario where all WAVES were drained.
  • The Waves commitment to aggressive decentralization will see the formation of a new Waves Association DAO tasked with one goal - progressively hand over every project in the ecosystem to full community control.
  • The Waves team will donate $10million of the governance tokens they currently hold for every project built on Waves to the Waves Association DAO.

Bybit Announces $100 Million Support Fund for Institutional Clients

Retrieved on: 
Monday, November 28, 2022
Formula One, KYB, NAVI, City, Astralis, Knowledge, Virtus.pro, MIBR, ARAB, Cryptocurrency, Bybit Lydia Tsomondo

The fund will offer a helping hand to Bybits dedicated institutional clients with a maximum of up to $10 million per client available and is intended to support the industry as the fallout from recent events continues.

Key Points: 
  • The fund will offer a helping hand to Bybits dedicated institutional clients with a maximum of up to $10 million per client available and is intended to support the industry as the fallout from recent events continues.
  • Bybit says it will use the fund to support any of its institutional clients that require it.
  • In addition to the support fund, Bybit will also provide dedicated account managers to provide support with the application once the client has become a verified KYB (Know Your Business) user.
  • Bybit took the decision to help strengthen market makers and institutional clients given their importance to the broader market.

Bybit CEO Lays Out His Transparency Roadmap

Retrieved on: 
Friday, November 18, 2022
Crypto, Formula One, Defiant, Merkle, NAVI, City, Trust, UID, Astralis, Virtus.pro, MIBR, Por, Cryptocurrency, Online shopping, Audit, Bybit Lydia Tsomondo

Ben Zhou speaks out about transparency, and why a blockchain-based world is inevitable

Key Points: 
  • Zhou made his remarks after laying out a comprehensive framework designed to re-establish trust and commit to comprehensive, industry-wide transparency.
  • He said Bybit is now engaged in developing this fully transparent solution to show its reserves in real-time using an independently-audited Merkle tree.
  • Bybit is also engaging a reputable auditor to prove its reserves and audit the company's books and operations.
  • Bybit has always been a supporter of affordable and accessible financial access for all.

Bybit Kicks Off World Cup Fever with Crypto Fan Token Competition

Retrieved on: 
Sunday, November 27, 2022
A.C. Milan, Formula One, Inter Milan, Organization, NAVI, Astralis, World cup, Virtus.pro, MIBR, Cryptocurrency, Bybit Lydia Tsomondo, Juventus F.C., USDT, Arsenal

VICTORIA, SEYCHELLES - Media OutReach - 18 November 2022 - Bybit, one of the worlds fastest growing crypto exchanges, is giving away 300,000 in USDT to celebrate this years World Cup .

Key Points: 
  • VICTORIA, SEYCHELLES - Media OutReach - 18 November 2022 - Bybit, one of the worlds fastest growing crypto exchanges, is giving away 300,000 in USDT to celebrate this years World Cup .
  • Soccer fans around the world can now celebrate the fiesta by supporting their favorite clubs in Bybits Fan Token Trophy competition on Nov. 18, 2022.
  • Bybit boasts one of the most extensive fan token selections in the market including tokens issued by legendary soccer teams such as Paris St. Germain, Barcelona, Juventus, AC Milan, Inter Milan, Arsenal, and Manchester City.
  • To celebrate World Cup 2022, all Bybit users who accumulate a trading volume of $100 or over trading any of the fan tokens stand to win a share of the massive prize pool.

DappRadar's Sports Report explains how FIFA World Cup introduces Web3 to 5 billion people

Retrieved on: 
Sunday, November 27, 2022
Ethereum, Crypto.com, Tezos, NFT, Digital, UFC, NBA, Blockchain, Budweiser, OKX, Sport, NHL, Partnership, Staples, PSG, Dapp, NFL, Sports Report, World cup, Friction, Staples Center, AFA, VIP, Sale, Formula One, Writing, Collection, Venrock, Ecosystem, Bybit Lydia Tsomondo, Flow, Cryptocurrency, Sorare, French Canadians

At a time when the entire world is focused on the FIFA World Cup 2022 in Qatar, Web3 is connecting millions of people from around the globe through an array of sponsorships, advertising deals and immersive digital experiences centered on sport.

Key Points: 
  • At a time when the entire world is focused on the FIFA World Cup 2022 in Qatar, Web3 is connecting millions of people from around the globe through an array of sponsorships, advertising deals and immersive digital experiences centered on sport.
  • Fans can actually use the blockchain to participate in the way their favorite clubs are run via the Socios.com platform.
  • Lastly, Web3 firms are making their presence felt across the sporting world with hard-hitting advertising campaigns.
  • DappRadar's report notes that FIFA recently signed up Algorand as an official sponsor and blockchain partner, for example.

Bybit NFT Marketplace Sees Scorching Success

Retrieved on: 
Sunday, November 27, 2022
Formula One, IP, NFT, History, NAVI, Creativity, Astralis, Virtus.pro, Non-fungible token, MIBR, Formula, Collection, Marketplace, Lightning, Cryptocurrency, Bybit Lydia Tsomondo

DUBAI, United Arab Emirates | November 22, 2022 06:24 AM Eastern Standard Time

Key Points: 
  • DUBAI, United Arab Emirates | November 22, 2022 06:24 AM Eastern Standard Time
    The Bybit NFT Marketplace is celebrating a series of outstanding achievements as it ramps up for even more success in 2023.
  • The Bybit NFT Marketplace is a one-stop destination for listing and trading NFTs, that cover digital art, collectibles, GameFi, the metaverse, and more.
  • In August, Bybit announced the launch of its brand-new specialized NFT portal GrabPic, allowing it to bring even more affordable NFT launches to its users.
  • The same week, Bybit scooped the award for Best NFT Marketplace at the Middle East Blockchain Awards in Abu Dhabi.

Bybit CEO Lays Out His Transparency Roadmap

Retrieved on: 
Sunday, November 27, 2022
Crypto, Formula One, Zhou, Defiant, Merkle, NAVI, City, Trust, UID, Astralis, Virtus.pro, MIBR, ARAB, Por, Cryptocurrency, Online shopping, Audit, Bybit Lydia Tsomondo

Zhou made his remarks after laying out a comprehensive framework designed to re-establish trust and commit to comprehensive, industry-wide transparency.

Key Points: 
  • Zhou made his remarks after laying out a comprehensive framework designed to re-establish trust and commit to comprehensive, industry-wide transparency.
  • He said Bybit is now engaged in developing this fully transparent solution to show its reserves in real-time using an independently-audited Merkle tree.
  • Bybit is also engaging a reputable auditor to prove its reserves and audit the companys books and operations.
  • Bybit has always been a supporter of affordable and accessible financial access for all.

Bybit Strengthens Compliance and Risk Processes

Retrieved on: 
Friday, November 18, 2022
Formula One, Environment, AML, NAVI, Radical behaviorism, Risk, Astralis, Philosophy, Virtus.pro, ID, MIBR, Risk management, KYC, Safety, Cryptocurrency, Bybit Lydia Tsomondo

This cutting-edge security technology will allow Bybit to better identify, deter, defend, report, and act against potential intruders, attempted money laundering, and account theft.

Key Points: 
  • This cutting-edge security technology will allow Bybit to better identify, deter, defend, report, and act against potential intruders, attempted money laundering, and account theft.
  • The new system will aid Bybits 300-strong risk management and technology management department to ensure the continued safety of Bybits operations.
  • Bybit also has three security committees that cover technical risk, business risk and anti-money laundering (AML) respectively.
  • This security enhancement is just one in a number of physical security, risk and compliance measures Bybit is embracing
    Our intention is always to provide maximum security and transparency for our clients, said Gary Hamilton-Walker, global head of corporate affairs at Bybit.