Merkle tree

Bybit and Talos Enter Partnership to Expand Digital Assets Trading for Institutional Clients

Retrieved on: 
Thursday, March 2, 2023
API, Partnership, ARAB, Merkle tree, Cryptocurrency, Asset management, Bybit, Talos

DUBAI, UNITED ARAB EMIRATES - Media OutReach - 2 March 2023 - Bybit, the world’s third most visited crypto exchange, has announced a dynamic partnership with Talos, the premier institutional digital asset trading technology provider.

Key Points: 
  • DUBAI, UNITED ARAB EMIRATES - Media OutReach - 2 March 2023 - Bybit, the world’s third most visited crypto exchange, has announced a dynamic partnership with Talos, the premier institutional digital asset trading technology provider.
  • The integration combines the power of Talos's robust trade infrastructure solutions with Bybit's access to a wide array of digital assets and best-in-market enterprise solutions including trading execution with precision.
  • This partnership will enable Bybit to streamline access for institutions looking to get into the crypto space via the Talos platform.
  • “At Talos, we’re always looking to expand our connectivity through smart integrations like the one we now have with Bybit.

Crypto Sets Higher Standards for Proof of Reserves for Traditional Finance: Bybit CEO

Retrieved on: 
Tuesday, February 28, 2023
Blockchain, Cryptocurrency, Finance, Web3, Professional Services, Technology, Fintech, Other Technology, DEX, Merkle tree, News, CeX (company), DEX (protocol)

The future of the crypto industry is one step closer to its full potential, now trust and transparency is at the forefront, said Bybit CEO Ben Zhou.

Key Points: 
  • The future of the crypto industry is one step closer to its full potential, now trust and transparency is at the forefront, said Bybit CEO Ben Zhou.
  • Blockchain is part of the solution, and crypto-native solutions can help armor the financial industry against traditional and new forms of fraud risk.
  • He noted that crypto exchanges are able to offer real-time, verifiable proof of reserves, which is far and above the transparency traditionally offered by financial institutions.
  • Bybit is committed to managing user funds with the utmost transparency and integrity, which is why it has real-time proof of reserves with a purpose-built Merkle Tree.

Crypto Sets Higher Standards for Proof of Reserves for Traditional Finance: Bybit CEO

Retrieved on: 
Tuesday, February 28, 2023
Crypto, DEX, Blockchain, News, Tradition, CeX (company), Set, Reserve, CEX, Merkle tree, DEX (protocol), ARAB, Cryptocurrency

Crypto Sets Higher Standards for Proof of Reserves for Traditional Finance: Bybit CEO

Key Points: 
  • Crypto Sets Higher Standards for Proof of Reserves for Traditional Finance: Bybit CEO
    The issuer is solely responsible for the content of this announcement.
  • According to Zhou, technology will lead the way in restoring trust in crypto, and legitimate exchanges have what it takes to outperform traditional financial institutions in terms of transparency.
  • He noted that crypto exchanges are able to offer real-time, verifiable proof of reserves, which is far and above the transparency traditionally offered by financial institutions.
  • Bybit is committed to managing user funds with the utmost transparency and integrity, which is why it has real-time proof of reserves with a purpose-built Merkle Tree.

OKX's February Proof of Reserves Shows $8.6 Billion USD, With Over Quarter Million Users Viewing Reserves and Liabilities

Retrieved on: 
Monday, February 20, 2023
Blockchain, Trust, Merkle tree, OKX, ETH, BTC, USDT, Publishing, Cryptocurrency, Por, Merkle, GitHub

OKX users showed significant interest in viewing the reserves as well as using open-source tools to check their liabilities, with over 175,000 unique users visiting the PoR page and over 90,000 unique users verifying their liabilities are accounted for in the PoR.

Key Points: 
  • OKX users showed significant interest in viewing the reserves as well as using open-source tools to check their liabilities, with over 175,000 unique users visiting the PoR page and over 90,000 unique users verifying their liabilities are accounted for in the PoR.
  • Third party data again shows that OKX holds the largest 100% clean asset reserves among major exchanges.
  • As with all OKX PoR reports, users are able to view OKX’s February PoR on its website , including reserve ratios for new and historical data.
  • Our data shows that hundreds of thousands of our users have taken an active interest in viewing our historical reserves and using open-source tools to verify their liabilities are included.

OKX's February Proof of Reserves Shows $8.6 Billion USD, With Over Quarter Million Users Viewing Reserves and Liabilities

Retrieved on: 
Monday, February 20, 2023
Blockchain, Trust, Merkle tree, OKX, ETH, BTC, USDT, Publishing, Cryptocurrency, Por, Merkle, GitHub

OKX users showed significant interest in viewing the reserves as well as using open-source tools to check their liabilities, with over 175,000 unique users visiting the PoR page and over 90,000 unique users verifying their liabilities are accounted for in the PoR.

Key Points: 
  • OKX users showed significant interest in viewing the reserves as well as using open-source tools to check their liabilities, with over 175,000 unique users visiting the PoR page and over 90,000 unique users verifying their liabilities are accounted for in the PoR.
  • Third party data again shows that OKX holds the largest 100% clean asset reserves among major exchanges.
  • As with all OKX PoR reports, users are able to view OKX’s February PoR on its website , including reserve ratios for new and historical data.
  • Our data shows that hundreds of thousands of our users have taken an active interest in viewing our historical reserves and using open-source tools to verify their liabilities are included.

OKX Publishes January Proof of Reserves Report, Shows Largest 100% Clean Asset Reserves Among Major Exchanges

Retrieved on: 
Thursday, January 19, 2023
Trust, Merkle tree, ETH, OKX, Publishing, Blockchain, USDT, BTC, Cryptocurrency, Merkle, GitHub, Por

OKX CMO Haider Rafique said: “Security, transparency and trust are core tenets of the OKX business process and customer service philosophy.

Key Points: 
  • OKX CMO Haider Rafique said: “Security, transparency and trust are core tenets of the OKX business process and customer service philosophy.
  • Proof of Reserves is a report of crypto assets that ensures the custodian (OKX) holds the assets it claims to hold on behalf of its users.
  • First, users can find their balance in the tree and prove their assets are held in the total OKX balance.
  • Second, the total OKX balance is compared to the publicized OKX on-chain wallet balance to determine Proof-of Reserves.

Bitget sees largest market share growth after FTX bankruptcy

Retrieved on: 
Thursday, January 19, 2023
Ethereum, Fed, Face, Celsius, Total value, FTX, Merkle tree, Boston, History, Growth, Pension Protection Fund, BSC, Bankruptcy, Decentralized finance, Boston Consulting Group, TVL, Cryptocurrency

VICTORIA, Seychelles, Jan. 19, 2023 /PRNewswire/ -- Leading crypto derivatives exchange Bitget has become one of the world's top 3 crypto exchanges in the derivatives sector paired with enormous achievements, such as a 2.6x market share increase and 8 million registered users in 100+ countries globally, despite the poor market sentiment after FTX's bankruptcy in 2022.

Key Points: 
  • 2022 was one of the roughest years in the crypto industry, which saw the collapse of Terra LUNA, Celsius, and FTX, consequently wiping out over US$2 trillion from the crypto market.
  • According to the latest data shared by the TokenInsight report , Bitget's market share increased dramatically from 3% to 11% after the collapse of the former second-largest exchange, FTX, marked the single largest market share growth in the crypto derivatives sector.
  • Gracy Chen, Managing Director of Bitget remarks "2022 marked one of the most important years in the history of Bitget.
  • We will also continue to expand our spot markets and improve our overall capabilities to optimize the trading experience on Bitget.

Bitget sees largest market share growth after FTX bankruptcy

Retrieved on: 
Thursday, January 19, 2023
Ethereum, Fed, Face, Celsius, Total value, FTX, Merkle tree, Boston, History, Growth, Pension Protection Fund, BSC, Bankruptcy, Decentralized finance, Boston Consulting Group, TVL, Cryptocurrency

VICTORIA, Seychelles, Jan. 19, 2023 /PRNewswire/ -- Leading crypto derivatives exchange Bitget has become one of the world's top 3 crypto exchanges in the derivatives sector paired with enormous achievements, such as a 2.6x market share increase and 8 million registered users in 100+ countries globally, despite the poor market sentiment after FTX's bankruptcy in 2022.

Key Points: 
  • 2022 was one of the roughest years in the crypto industry, which saw the collapse of Terra LUNA, Celsius, and FTX, consequently wiping out over US$2 trillion from the crypto market.
  • According to the latest data shared by the TokenInsight report , Bitget's market share increased dramatically from 3% to 11% after the collapse of the former second-largest exchange, FTX, marked the single largest market share growth in the crypto derivatives sector.
  • Gracy Chen, Managing Director of Bitget remarks "2022 marked one of the most important years in the history of Bitget.
  • We will also continue to expand our spot markets and improve our overall capabilities to optimize the trading experience on Bitget.

Crypto Exchange Blofin Released - Attention Drawn to Innovative and Traditional Financial Market

Retrieved on: 
Thursday, January 12, 2023
Accident, Partner, Moon, Attention, Merkle tree, HTTP, Satellite navigation, Cryptocurrency

George Town, Cayman Islands, Jan. 12, 2023 (GLOBE NEWSWIRE) -- Blofin brought its crypto futures trading exchange into existence on January 12th.

Key Points: 
  • George Town, Cayman Islands, Jan. 12, 2023 (GLOBE NEWSWIRE) -- Blofin brought its crypto futures trading exchange into existence on January 12th.
  • The launch of the Blofin exchange received a lot of attention and recognition.
  • The Blofin platform provides an exceptional user experience with its trading engine at high speed and tight security.
  • Blofin exchange received brilliant feedback from industrial experts who paid close attention to its launching.

Sail Into Web3 With the Crypto Ark: Bybit Looks Ahead in Year End Keynote Address

Retrieved on: 
Sunday, January 22, 2023
Crypto, Ecosystem, Marketing, Partnership, MIBR, CeX (company), Merkle tree, Iđoš, MPC, TPS, F1, Initial, Astralis, API, Non-fungible token, Fiat, Circle, Formula, 2012 Abu Dhabi Grand Prix, Spot–future parity, USDT, NFT, NAVI, Trust, Web3, Very important person, Paradigm, USDC, DEX, CEX, Abu Dhabi Grand Prix, Cryptocurrency, Security (finance), Video game, Spot, Option, Unified, Bybit Lydia Tsomondo

Sail Into Web3 With the Crypto Ark: Bybit Looks Ahead in Year End Keynote Address

Key Points: 
  • Sail Into Web3 With the Crypto Ark: Bybit Looks Ahead in Year End Keynote Address
    Sail Into Web3 With the Crypto Ark: Bybit Looks Ahead in Year End Keynote Address
    Dubai, United Arab Emirates | January 05, 2023 08:45 AM Eastern Standard Time
    Ben Zhou, co-founder and CEO of Bybit, the third most visited cryptocurrency exchange in the world, shared Bybit's journey in becoming a Crypto Ark and a gateway to empower users to level up to Web3 in a candid exchange at a virtual event last week.
  • In a rollercoaster year that saw many peees succumb to market adversity, Bybit delivered its “Best 10”:
    Brand 3.0 for Web 3.0.
  • Over half a million new users started their crypto journey on Bybit with the exchange’s zero fees campaign in 2022.
  • He said the idea behind Bybit's Web3 push was to enable users to explore more with fewer clicks, starting with the Bybit Web3 Wallet.