Connect with us

Market

Bybit COO Helen Liu on Cross-Cultural Leadership in Crypto

Published

on



Helen Liu has forged a dynamic path from tech giants like Nokia and Microsoft to her current role as Chief Operating Officer at Bybit. With a wealth of experience in HR leadership across multiple countries, Liu’s transition to the blockchain industry was driven by a passion for innovation and the inspiring vision of Bybit’s founders.

In this interview, she discusses her transition from traditional tech to crypto, how her global experience has shaped her approach, and the unique challenges she navigates as a woman in the industry.

Your journey from HR leadership roles at global tech companies like Nokia and Microsoft to becoming COO of Bybit looks very inspiring for us. What motivated you to transition from “traditional” tech?

I was drawn to Bybit by the company’s strong values — putting  people first — and the vision of its founders. Although I didn’t have extensive crypto knowledge when I first joined, I quickly realized that the skills I developed in traditional tech leadership were highly transferable.

The founders’ inspiring leadership encouraged me to take on this new challenge, and I’ve since realized how my past experience has helped drive success in both tech and blockchain.

You’ve worked across several countries and industries. How has your international experience shaped your leadership style, especially in the crypto sector?

My professional journey began in China. Since then, I’ve had the opportunity to work in Finland, Singapore, Indonesia, and now Dubai. Each of these experiences has provided me with valuable global exposure and a deep understanding of different working cultures.

This international perspective has been instrumental in shaping my leadership style. Especially in the crypto sector, where adaptability and cross-cultural communication are key to driving innovation and fostering collaboration.

As a female leader in the crypto space, what unique challenges have you faced, and how have you navigated them?

As a female leader in a male-dominated industry, I’ve observed differences in how male leaders approach business and relationships. Many blockchain ecosystem partners, KOLs, and institutional clients are men. They often thrive in social environments, which can feel energizing for them.

While I’m not naturally the most sociable person, I recognize the importance of these opportunities to build meaningful relationships. I approach these interactions by actively listening to their needs and challenges, inviting them to our office, or arranging meetings to deep dive together on areas we can do better. This allows me to have more empathy and listen to their pain points and establish a more personal connection.

Interestingly, many male clients feel comfortable sharing aspects of their career lives with me and often seek advice, especially in regions like Brazil and Argentina. It’s in these moments that I find a deeper level of engagement, where we discuss not only business but also personal challenges and aspirations.

What is the most significant leadership lesson you’ve learned throughout your career? How do you apply it in your role?

Throughout my career, I’ve gained invaluable lessons from working in diverse regions and cultures. During my time in Finland, I was in a role leading competence development for global Demand and Supply Chain where I learned the importance of making decisions with a global perspective, understanding the complexities and nuances of international markets. This experience taught me to approach broader issues with a clear rationale, balancing local needs with global objectives.

At Microsoft’s APAC office in Singapore, I witnessed firsthand the power of precision and excellence. The team demonstrated remarkable proficiency, a positive attitude, and zero-defect execution, which reinforced my belief in striving for accuracy and efficiency in all operations.

In Indonesia, I embraced the company’s deep-rooted culture of care, love, and forgiveness through Muslim culture. This philosophy of giving and fostering employee well-being has shaped my belief that a supportive and compassionate work environment is key to building strong, resilient organizations.

Now in Dubai at Bybit’s headquarters, I’m energized by the vibe of crypto and by the passion of the local community. I see this as an opportunity to harness diverse talents that align with the values of the industry, driving Bybit’s global expansion.

The mix of inclusivity, innovation and young entrepreneurship here enables us to accelerate as a truly crypto-native company. Each of these experiences has shaped my leadership style, helping me apply a blend of strategic thinking, precision, and empathy in my role at Bybit and beyond.

You founded the Blockchain for Good Alliance, stressing blockchain’s potential for positive social impact. What personal experiences or insights led you to focus on this mission?

With the support and trust of over 51 million global registered users, Bybit deeply values the importance of giving back to the community. This sense of responsibility inspired me to explore how blockchain could be used for positive social impact, which led to the founding of the Blockchain for Good Alliance.

We believe that by leveraging the power of blockchain, we can help address real-world problems and make a meaningful difference. The Alliance is our way of ensuring that blockchain contributes to solving pressing global challenges.

As a founder of Moledao, what inspired you to focus on developing blockchain talent? What gaps do you see in the current landscape for growing future leaders in this space?

Moledao has two primary missions. First, we aim to empower entrepreneurs, recognizing how challenging it can be to build and complete projects without adequate support.

We encourage these builders to stay true to their vision and persevere. Second, we’re focused on creating a “LinkedIn for blockchain talent.” The crypto industry is still in its infancy compared to traditional sectors, with many young leaders who have ambitious mindsets but require guidance. Moledao acts as a mentor, offering leadership, direction, and a platform where blockchain professionals can connect with alumni, find support, and access job opportunities.

Additionally, Moledao’s Founder Club and Hackathons help incubate new projects, providing entrepreneurs with a community of like-minded individuals to share ideas, offer mentorship, and support each other’s growth. These initiatives aim to nurture talent and build the next generation of blockchain leaders.

What are some personal habits or practices that help you stay effective and balanced while managing the complexities of a global operation in such a dynamic industry?

While I’m naturally a workaholic, I make time for activities like hiking and swimming, often with colleagues. These moments not only help me recharge but also open many new windows seeing a topic.

The casual interactions, especially with colleagues from different age groups, often spark new ideas and fresh perspectives. Balancing these activities with my work helps me stay energized and continuously think of doing the right things to drive immediate success and long-term vision.

What advice would you give to young women aspiring to leadership roles in emerging technologies?

My advice to all young talents aspiring to leadership roles in emerging technologies is to stay hungry but humbly. While achieving success is rewarding, it’s important to focus on long-term goals rather than just short-term wins.

Also, never settle too quickly — always be open to learning and trying something new. The tech is constantly evolving, and a mindset of continuous growth will help you navigate effectively in this space.

As women leaders, I believe our strength lies in operational excellence. For example, structuring a solid go-to-market plan, closely tracking metrics, and reflecting on outcomes before launching the next initiative.

This same attention to detail can be applied across many missions. I find that women often excel when it comes to ensuring things are done with precision and excellence.

Looking back at your career, what accomplishment are you most proud of, and how has it shaped your vision for the future of both your personal and professional life?

One of the proudest moments in my career was when Bybit became the world’s second-largest crypto exchange. To be honest, it was a great surprise, especially with such a lean team — yet, it was also the most committed team.

What makes this accomplishment so special is that our focus was never on chasing rankings. Instead, we dedicated ourselves to building trust and confidence with customers through products and services.

The recognition we’ve received has far exceeded our expectations, and it proves that our approach and efforts are on the right path. We are more engaged, to make even better achievements, to our clients, and to the industry. 

Disclaimer

Following the Trust Project guidelines, this feature article presents opinions and perspectives from industry experts or individuals. BeInCrypto is dedicated to transparent reporting, but the views expressed in this article do not necessarily reflect those of BeInCrypto or its staff. Readers should verify information independently and consult with a professional before making decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



Source link

Market

Base DEX Volume Approaches $3 Billion Amid Growing Adoption

Published

on


Base, Coinbase’s Layer-2 (L2) blockchain solution, has reached new heights, setting an all-time high daily decentralized exchange (DEX) trading volume near $3 billion.

This milestone reflects Base’s growing prominence in the L2 space and its role in scaling on-chain transactions for Coinbase users.

Base Hits New Milestone in DEX Volume

Blockchain analyst Dan Smith highlighted Base L2’s record-breaking volume of $2.9 billion, including $1.3 billion in ETH-USD trading, which also hit an all-time high. Other trading pairs, such as ETH-cbBTC and BTC-USD, were close to breaking their own records.

Base DEX Volume By Pair Type
Base DEX Volume By Pair Type. Source: Blockworks Research

The $2.9 billion DEX volume reflects Base’s growing appeal among traders, particularly in ETH-USD pairs, which benefited from recent price volatility. Alexander, another blockchain enthusiast, noted that this milestone marked the first time Base nearly tagged $3 billion in daily volume, alluding to the development as evidence of L2’s growing adoption.

AerodromeFi, a liquidity-focused decentralized protocol on Base, also recorded an all-time high of $1.68 billion in volume, further emphasizing the ecosystem’s momentum.

“This is the first time Base nearly passed $3 billion and AerodromeFi set a new ATH of $1.68 billion in volume,” Alexander commented.

Base’s success is particularly notable because it operates without a native token. Coinbase explicitly ruled out launching a token for Base, prioritizing ecosystem growth and user adoption instead. This approach has likely contributed to its traction by focusing on utility and reducing speculative risks that could deter long-term users.

“There are no plans for a Base network token. We are focused on building, and we want to solve real problems that let you build better,” Base lead developer Jesse Pollak stated recently.

Consistent Growth in Transactions and TVL

The recent achievement follows Base’s earlier milestones, including reaching one billion transactions two months ago and surpassing six million daily transactions in October. More closely, the network recently outpaced Ethereum in user growth amid growing crypto markets.

Additionally, Base’s Total Value Locked (TVL) has seen consistent growth, indicating increased user participation, asset inflows, and liquidity within its ecosystem. A rising TVL signals greater confidence in the platform, fostering a stronger and more sustainable DeFi environment.

Base TVL and DEX Volume
Base TVL and DEX Volume. Source: DefiLlama

Despite its impressive growth, Base has faced some criticism. The network was accused of copying aspects of an NFT project, sparking concerns over originality and intellectual property. While this controversy did not deter adoption, it highlights the challenges of rapid innovation in the competitive blockchain space.

Base’s trajectory positions it as a serious contender in the L2 space, competing with established players like Arbitrum (ARB) and Optimism (OP). Its emphasis on utility, combined with rising user participation and liquidity, paints a promising picture for its future.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



Source link

Continue Reading

Market

Is a Drop Below $0.92 Inevitable?

Published

on


Cardano’s recent sideways price action has led to a surge in demand for short positions among futures traders.

As the coin’s momentum slows, traders are increasingly betting on a price decline, signaling a bearish sentiment toward ADA.

Cardano Traders Bet on a Price Decline

According to Coinglass, ADA’s Long/Short Ratio is at a monthly low of 0.82, indicating a high demand for short positions.

An asset’s Long/Short Ratio compares the number of its long (buy) positions to short (sell) positions in a market. As with ADA, when the ratio is below one, more traders are betting on the price falling (shorting) rather than rising. If short sellers continue to dominate, this can increase the downward pressure on the asset’s price.

ADA Long/Short Ratio
ADA Long/Short Ratio. Source: Coinglass

Additionally, ADA’s Weighted Sentiment remains negative, currently standing at -0.074, reinforcing the bearish outlook for the altcoin.

Weighted Sentiment gauges the overall market bias by analyzing the volume and tone of social media mentions. A negative value signals growing skepticism among investors, often leading to reduced trading activity and downward pressure on the asset’s price.

ADA Weighted Sentiment.
ADA Weighted Sentiment. Source: Santiment

Notably, ADA whales have reduced their trading activity over the past week, with the coin’s large holders’ netflow dropping by 90.29%, according to IntoTheBlock.

Large holders, defined as addresses holding more than 0.1% of an asset’s circulating supply, play a significant role in market movements. A decline in their netflow indicates reduced buying activity, adding to the downward pressure on ADA’s price.

ADA Large Holders Netflow.
ADA Large Holders Netflow. Source: IntoTheBlock

ADA Price Prediction: Recovery to $1 or Decline to $0.80?

ADA is currently trading at $0.98, hovering just above its support level of $0.90. If bearish pressure intensifies, the price may test this support. A failure to hold at $0.90 could see ADA’s decline extend further, potentially dropping to $0.80.

ADA Price Analysis.
ADA Price Analysis. Source: TradingView

Conversely, if buying activity resurges, ADA’s price could stabilize above the $1 mark.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



Source link

Continue Reading

Market

Will It Smash Another ATH?

Published

on



Este artículo también está disponible en español.

Bitcoin price started a fresh increase above the $104,000 zone. BTC is consolidating above $105,000 and might aim for a new all-time high.

  • Bitcoin started a decent increase above the $102,500 resistance zone.
  • The price is trading above $104,500 and the 100 hourly Simple moving average.
  • There was a break above a connecting bearish trend line with resistance at $104,000 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  • The pair could start another increase if it stays above the $103,500 support zone.

Bitcoin Price Regains Traction

Bitcoin price started a decent upward move above the $102,500 zone. BTC was able to climb above the $103,500 and $104,000 levels.

The bulls even pushed the price above the $105,000 level. Besides, there was a break above a connecting bearish trend line with resistance at $104,000 on the hourly chart of the BTC/USD pair. The pair surpassed the 50% Fib retracement level of the downward move from the $109,112 swing high to the $100,114 low.

Bitcoin price is now trading above $104,500 and the 100 hourly Simple moving average. On the upside, immediate resistance is near the $107,000 level. It is close to the 76.4% Fib retracement level of the downward move from the $109,112 swing high to the $100,114 low.

The first key resistance is near the $107,500 level. A clear move above the $107,500 resistance might send the price higher. The next key resistance could be $109,000.

Bitcoin Price
Source: BTCUSD on TradingView.com

A close above the $109,000 resistance might send the price further higher. In the stated case, the price could rise and test the $110,000 resistance level and a new all-time high. Any more gains might send the price toward the $112,500 level.

Downside Correction In BTC?

If Bitcoin fails to rise above the $107,000 resistance zone, it could start a downside correction. Immediate support on the downside is near the $104,500 level. The first major support is near the $103,500 level.

The next support is now near the $102,800 zone. Any more losses might send the price toward the $100,500 support in the near term.

Technical indicators:

Hourly MACD – The MACD is now gaining pace in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level.

Major Support Levels – $104,500, followed by $103,500.

Major Resistance Levels – $107,000 and $108,500.



Source link

Continue Reading

Trending

Copyright © 2024 coin2049.io