CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
Coin Edition 2024-05-23 15:30:00

Bybit Fights FUD with Proof of Reserves, Unveils New P2P Program

Bybit’s CEO, Ben Zhou, recently addressed and dispelled rumors that the exchange has been breached and is insolvent. These rumors were primarily fueled by a glitch in Arkham Intelligence’s Proof-of-Reserves (PoR) graph, which caused it to display empty Bybit wallets. This news triggered panic among market participants as it gained momentum on X (formerly Twitter). The post Bybit Fights FUD with Proof of Reserves, Unveils New P2P Program appeared first on Coin Edition .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.