Dubai-based centralized crypto exchange Bybit has integrated decentralized exchange ApeX Pro into its offering in an effort to give customers the opportunity to trade on both types of exchanges on one platform, Bybit announced Thursday.

Cryptocurrency exchange Bybit plans to cut 30% of its staff as part of a company reorganization, cofounder and chief executive officer Ben Zhou said in a statement shared with Forkast on Sunday. Zhou added that the company’s priority is to ensure that its business operations remain unaffected and that its clients’ assets remain safe and assured. (forkast)

Crypto exchange Bybit is reducing its workforce as a direct result of "the deepening bear market."

CEO of Bybit announced plan to reduce the workforce to refocus efforts for the deepening bear market.

Following the sudden collapse of FTX, prominent cryptocurrency exchanges have continued to publish proof of their reserves to provide more transparency into their crypto holdings.

Crypto derivatives exchange Bybit has launched a new support fund to help institutional traders access liquidity in the wake of the FTX collapse — an event that triggered a fresh wave of panic selling across the digital asset space.

Crypto exchange Bybit has established a $100 million fund to support institutional clients, "during this challenging period in the crypto industry," the company said Thursday.

Crypto exchange Bybit publicly <a href="https://twitter.com/benbybit/status/1592797790518018048" target="_blank">released</a> the addresses of its largest crypto wallets on Nov. 16. This came on the heels of FTX’s collapse and calls within the industry for greater transparency. Bybit listed the addresses in a press release.