This week in crypto: Why VC investment in crypto is far from dead, why Web3 in Asia is growing, why ByBit is leaving the UK, and more.
This past week in crypto saw several major stories including the latest developments in the FTX case, $600 million in new VC funding, Mt. Gox repayment updates, and why one company is leaving the UK while others are building in Asia.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Five major stories made headlines in crypto this past week.
Bybit has set a final deadline of Jan. 8, 2024 for UK customers to settle their positions, after which any remaining positions will be automatically liquidated. The duration of this suspension is unclear, but Bybit mentioned that this break would allow them to better align with future UK regulations.its deadline for rehabilitation creditor repayments from Oct. 31, 2023, to Oct. 31, 2024.
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