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Bybit Opens Global Headquarters In Dubai’s World Trade Center
The cryptocurrency exchange has massive plans for regional and world domination after doubling trading volumes in the MENA region and increasing its user base to 15 million.
Established in 2018, Bybit is an ultra-fast, professional cryptocurrency exchange with 15 million users worldwide. Today, the company has announced the opening of a new global headquarters in Dubai. The MENA region’s second-largest crypto exchange also revealed plans to further strengthen its position in the Middle East.
Bybit’s 16,000-square-foot office occupies an entire floor at One Central, Dubai World Trade Center, overlooking the world-famous Burj Khalifa and the Museum of the Future.
The crypto company was one of the first exchange services to be approved to operate in Dubai and is on track to double trading volumes in the region.
Bybit has lofty ambitions for world domination. The company aims to facilitate mass adoption of digital assets and will use its new Dubai base to host professional meet-ups and live streaming events, as well as offering members of the Bybit network access to exclusive spaces and support.
Also Read: LimeWire Launches Nostalgic Browser Game With Crypto Rewards
Bybit also plans to host workshops at the new headquarters to gather user feedback, showcase its product design and commercialization processes, and share news and insights on the latest market trends.
“The digital economy is advancing at incredible speed, and crypto and blockchain technology will be the mainstay and the connective tissues. As one of the most progressive digital assets hubs in MENA and the world, Dubai is optimally positioned to capture the opportunities in the sector by bringing together state-of-the-art tech and infrastructure, international talent, and vision,” says Ben Zhou, CEO and co-founder of Bybit.
Zhou also noted that the new office space was designed to emphasize Bybit’s commitment to openness and creativity: “We are excited to be part of Dubai’s futuristic skyline. The new office will be an innovative hub for dreamers and creators to exchange ideas and unlock next-level opportunities of Web3”.
News
Samsung Smart Glasses Teased For January, Software Reveal Imminent
According to Korean sources, the new wearable will launch alongside the Galaxy S25, with the accompanying software platform unveiled this December.
Samsung appears poised to introduce its highly anticipated smart glasses in January 2025, alongside the launch of the Galaxy S25. According to sources in Korea, the company will first reveal the accompanying software platform later this month.
As per a report from Yonhap News, Samsung’s unveiling strategy for the smart glasses echoes its approach with the Galaxy Ring earlier this year. The January showcase won’t constitute a full product launch but will likely feature teaser visuals at the Galaxy S25 event. A more detailed rollout could follow in subsequent months.
Just in: Samsung is set to unveil a prototype of its augmented reality (AR) glasses, currently in development, during the Galaxy S25 Unpacked event early next year, likely in the form of videos or images.
Additionally, prior to revealing the prototype, Samsung plans to introduce…
— Jukanlosreve (@Jukanlosreve) December 3, 2024
The Galaxy Ring, for example, debuted in January via a short presentation during Samsung’s Unpacked event. The full product unveiling came later at MWC in February, and the final release followed in July. Samsung seems to be adopting a similar phased approach with its smart glasses, which are expected to hit the market in the third quarter of 2025.
A Collaborative Software Effort
Samsung’s partnership with Google has played a key role in developing the smart glasses’ software. This collaboration was first announced in February 2023, with the device set to run on an Android-based platform. In July, the companies reiterated their plans to deliver an extended reality (XR) platform by the end of the year. The software specifics for the XR device are expected to be unveiled before the end of December.
Reports suggest that the smart glasses will resemble Ray-Ban Meta smart glasses in functionality. They won’t include a display but will weigh approximately 50 grams, emphasizing a lightweight, user-friendly design.
Feature Set And Compatibility
The glasses are rumored to integrate Google’s Gemini technology, alongside features like gesture recognition and potential payment capabilities. Samsung aims to create a seamless user experience by integrating the glasses with its broader Galaxy ecosystem, starting with the Galaxy S25, slated for release on January 22.
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