Bybit Launches Digital Asset Platform for Trading in the Netherlands

Hi NoRamp Community,

Daily News:

1) Bybit Launches Digital Asset Platform for Trading in the Netherlands

2) Bitwise Files For a Spot Ether ETF

3) Web3 Ad Service Everyworld Reaches 225K Users Within a Month

4) Discover Exec Michael Rhodes to take the lead as Ally Financial CEO

5) Coro Bags $100M Series D to Reinforce Cybersecurity For SMEs

Bybit Launches Digital Asset Platform for Trading in the Netherlands:

• Bybit, a major cryptocurrency exchange, has launched Bybit.nl, a new regulated crypto and digital assets trading platform in the Netherlands, following regulatory challenges in Hong Kong.

• The platform, developed in collaboration with SATOS, offers Dutch users access to over 300 cryptocurrency pairs, fiat deposits and withdrawals, and enhanced security measures, supervised by the Dutch National Bank.

• Bybit.nl introduces features like the Web3 Wallet and Airdrop Arcade, with a commitment to tailored support and community collaboration in the Dutch market, amidst a backdrop of regulatory enforcement actions by the Dutch Central Bank against unregistered exchanges.

Bitwise Files For a Spot Ether ETF:

• Bitwise filed for a spot Ethereum ETF, following its earlier launches of a spot Bitcoin ETF and an Ethereum futures ETF, with plans to list the ETF on the NYSE and a correlation analysis to demonstrate a strong correlation between the ETH spot market and CME ETH futures market.

• The company's submission of its 19b-4 and S-1 documents did not include details on staking, ticker, or fees, as it aims for SEC approval similar to its spot Bitcoin ETF.

• Hope for a May approval of the proposed Ether ETFs has dwindled due to the SEC's lack of engagement with potential issuers, but industry insiders like Grayscale's Craig Salm and Bitwise's Matt Hougan remain optimistic about the future prospects of spot Ethereum ETFs, with the SEC expected to delay decisions until late May.

  

  Source: Cointelegraph

Web3 Ad Service Everyworld Reaches 225K Users Within a Month:

• Web 3 advertising service platform Everyworld has reached a total user base of 225,000 within a month of its initial beta launch, offering a unique blend of media platform, game show, online marketplace, and social media elements.

• The platform serves advertisements from over 20 games across blockchain and traditional gaming sectors, including Shrapnel, Big Time, Star Atlas, and The Sandbox, incentivizing user interaction through a rewards system for prize drawings.

• Everyworld's ad services protocol aims to create a win-win situation for gamers and developers, with a focus on the competitive attention economy and user participation, and supports conservation efforts through various organizations, but is currently not available in select markets including the U.S., Canada, China, and several others.

Discover Exec Michael Rhodes to take the lead as Ally Financial CEO:

• Ally Financial, an online bank, lender, and trading platform based in Detroit, US, has appointed Michael Rhodes as its new CEO, effective April 29, and he will also join the board of directors.

• Rhodes will oversee the company's digital banking and auto financing operations, leading a team of 11,000 across 13 US locations, taking over from interim CEO Doug Timmerman who stepped in after Jeffrey Brown's departure in January.

• With a background in consumer banking and a focus on data-driven decision-making, Rhodes brings experience from Discover Financial Services, TD Bank, Bank of America, and MBNA America Bank, tasked with leading the next stage of Ally Financial's evolution.

Coro Bags $100M Series D to Reinforce Cybersecurity For SMEs:

• Coro, a cybersecurity platform for small and medium-sized enterprises (SMEs), has raised $100 million in a Series D funding round led by One Peak, with participation from existing investors Energy Impact Partners and Balderton Capital, to enhance its market position and accelerate its mission of providing accessible and affordable cybersecurity.

• The company offers an all-in-one security software platform covering endpoint, email & user, and network & cloud protection, addressing the needs of SMEs facing cyber threats with a user-friendly, automated, and cost-effective solution.

• The new funding will be used for product innovation, organic growth, strategic acquisitions, supporting channel partners, global expansion, and reinforcing Coro's leadership in the SME cybersecurity domain, following significant milestones like the launch of Coro 3.0 and growth in its channel partner network.

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