8 Articles
8 Articles
Bybit shuts down four more Web3 services after axing NFT marketplace – MAXBIT
Bybit is shutting down most of its Web3 services, including wallets and its NFT platform, to refocus on core offerings after a $1.4 billion hack. Bybit is shutting down more of its Web3 services after axing its non-fungible token (NFT) marketplace earlier in April. According to an April 16 announcement, the exchange is shutting down...
Bybit Discontinues Web3 Products Amid Strategic Shift - Blockchain & Cryptocurrencies Tabloid
Bybit announces the discontinuation of its Web3 products, focusing on blockchain innovations. Emily Bao comments on strategic refinement. The post Bybit Discontinues Web3 Products Amid Strategic Shift appeared first on Blockchain & Cryptocurrencies Tabloid.
Bybit Refocuses On Core Web3 Services With New Strategic Realignment
Bybit, the 2nd largest cryptocurrency exchange in terms of trading volume, has announced a strategic refinement of its Web3 product suite. As a result, the company will focus on four core products like Seed Phrase Wallet, Airdrop Arcade, Onchain Staking, and DApp services. Such fundamental offerings have been popular among users and align with the company’s vision to enable self-custody and decentralized finance. The update is in line with Bybit…

Bybit Announces Strategic Evolution of Web3 Ecosystem with Enhanced Focus on Core Onchain Services
DUBAI, UAE, April 16, 2025 /PRNewswire/ — Bybit , the world’s second-largest cryptocurrency exchange by trading volume, today announced a strategic evolution of its Web3 product suite as part of the company’s commitment to delivering enhanced Onchain experiences. This initiative represents a focused...
Bybit Refines Web3 Strategy to Focus on Self-Custody and Decentralized Tools
Key highlights: Bybit is shifting focus to four Web3 services: Seed Phrase Wallet, Airdrop Arcade, Onchain Staking, and DApp services. The company will phase out several underutilized tools including NFT Pro, Cloud Wallet, and DEX Pro by the end of May. Bybit emphasizes user self-custody and streamlined access to decentralized finance tools. Bybit narrows Web3 focus with user-centric shift Cryptocurrency exchange Bybit is recalibrating its Web…
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