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Bybit's Chief Legal Officer Robert MacDonald Named to Asia Legal Business' Top 15 Asia-Pacific Compliance Officers for 2025

7 hours ago

On July 4th, Asian Legal Business (ALB) declared the "2025 Top 15 Chief Compliance Officers in Asia" list. Robert MacDonald, the Head of Legal and Compliance at Bybit, was successfully included in this list. ALB pointed out that MacDonald, with his extensive experience in regulation, technology, and corporate governance, has showcased strong "regulatory diplomacy" abilities. This has enabled Bybit to achieve a balance between compliance and growth. MacDonald previously worked at the UK Ministry of Justice and was involved in the Financial Action Task Force (FATF) work. Later, he transitioned to the international finance and technology field, aiming to transform regulatory experience into a commercial growth strategy. He joined Bybit in September 2024 and was appointed as the Head of Legal and Compliance at Bybit. Under his leadership, the platform has obtained licenses in regions such as Austria, the UAE, Turkey, and Georgia, and the user base has increased from 30 million to 70 million.
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Former Ethereum Core Developer: Stablecoin Narrative, ETF Inflows, CEX Balances at New Lows to Trigger Ethereum Price Explosion

On July 4th, former Ethereum core developer Eric Conner recently composed an article and enumerated the three major impetuses for Ethereum's breakout. Stablecoins continuously infusing dollars into Ethereum: It has witnessed 21 months of continuous growth, and the monthly transaction volume is now on an equal footing with Visa. Stablecoins act as the on-chain cash engine, driving the continuous demand for ETH block space. On the other hand, in June alone, the net inflow of spot ETH ETF reached $1.17 billion. Fund managers anticipate that the size of the ETH ETF in the second half of 2025 will be several times this level. Finally, the CEX balances have dropped to only 9 million ETH, which is the lowest level since 2015. Eric Conner pointed out that Ethereum has been fluctuating between $2400 and $2600 for weeks, with decreasing volume and quietly forming higher lows. Prolonged consolidation periods usually lead to sharp fluctuations. Therefore, if ETH firmly breaks above $2600, the

5 minutes ago

DeFi Development acquires 17,760 SOL tokens, worth approximately $2.7 million

On July 4th, the Nasdaq-listed company DeFi Development Corp. (with the Nasdaq code: DFDV) declared the acquisition of 17,760 SOL, which is approximately worth $2.7 million. After this transaction, DeFi Development Corp. currently holds approximately 640,585 SOL and its equivalents, including staking rewards, and the total value amounts to around $98.1 million. On July 2nd, DeFi Development Corp. (with the Nasdaq code: DFDV) raised $100 million through convertible notes in order to further augment its SOL holdings and repurchase company stocks.

5 minutes ago

Ronin's Unified Card Trade Showcase Platform Drip Launches Pokemon Slab NFT

On July 4th, according to official channels, Ronin has entered into a partnership with the card trading showcase platform Drip to launch the Pokémon Slab NFT series. As per the announcement, each NFT within the Pokémon Slab collection symbolizes a physical Pokémon card. By redeeming the NFT via Drip, the physical card will be dispatched to the user's designated location.

5 minutes ago

Binance New Alpha (CROSS) Airdrop Data: Instant Earnings of approximately $26.5

On July 4th, Binance's new Alpha CROSS token was launched. Currently, it is trading at $0.053. According to an allocation of 500 tokens per person, the immediate profit would be $26.50.

5 minutes ago

The smart money that previously liquidated Bitcoin long positions, added to SOL long positions, has now leveraged 25x to long ETH.

On July 4th, based on on-chain information, the smart money that previously liquidated its long position in Bitcoin and added to its long position in SOL has just 25x longed ETH on Hyperliquid. It holds 2638.7103 ETH, with a position value of $6,715,253.84 and an entry price of $2,545.74. This smart money has accumulated a total profit of $15.92 million on Hyperliquid and a weekly profit of $7.62 million.

5 minutes ago

David Sacks: The week of July 14 is Crypto Week, which will see the review of multiple crypto bills

On July 4th, David Sacks, the White House Cryptocurrency and AI Czar (referred to as the "Crypto Tsar"), posted that the week starting from July 14th is Cryptocurrency Week in the House of Representatives. The "GENIUS Act" is about to be submitted to the President. Meanwhile, the "CLARITY Act" (U.S. Cryptocurrency Market Clarity Act) is also scheduled to be delivered to the Senate.

5 minutes ago

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