bybit

airdrop

Bybit Executives Reshuffle Positions After $26 Million Airdrop Compensation

* Bybit executives changed roles after $26M compensation for flawed airdrop. * Leadership changes due to commitment to placing right people in right roles. * Notcoin airdrop delayed, affecting 320,000 users with lower trading price. * $26M compensation plan disclosed by Bybit CEO Ben Zhou. * Rumors of insolvency and hacking dispelled by Bybit

bybit

Hidden Road Suspends Client Access to Bybit Over KYC and AML Disagreements

* Hidden Road, backed by Citadel Securities, stops client access to Bybit crypto platform. * Disagreements over KYC and AML requirements cited as reasons for the halt. * Bybit conducting compliance review of prime brokerage business in response. * Hidden Road sought to raise $120 million in a series B equity round. * Bybit and