Bybit denies earlier reports that the exchange will exit UK
CEO Ben Zhou contradicted previous reports, saying that "leaving the U.K. is not part of our current strategy."
Read crypto exchange news, listing updates, security incidents, trading volume shifts, and platform strategy across global markets.
Crypto attorney Gabriel Shapiro argued that the CFTC woud be a worse regulator for the crypto industry than the SEC.
Earlier reports suggested that PayPal may have owned the wallet associated with the overpayment, but a spokesperson confirmed Paxos to be behind the transaction.
The company has been granted the opportunity to begin selling certain assets, but only through an intermediary investment manager and with weekly caps on sales.
HTX saw its spot market share jump to 6.3% last month.
North Korean hackers have stolen more than $200 million worth of cryptocurrencies this year.
The exchange has requested community inputs for inputs on the major aspects of the integration.