Bybit

Bybit Surpasses 70 Million Users, Signaling Explosive Growth and Global Trust

Bybit, the second-largest cryptocurrency exchange in the world based on trading volume, revealed today that it has crossed more than 70 million registered users. This milestone demonstrates the platform’s consistent worldwide expansion and growing confidence among institutional and retail customers. Bybit’s strong market presence and unwavering dedication to security, compliance, and

May 10, 2025 3 mins read

German Police Seize $38M from eXch Platform Tied to $1.4B Bybit Hack

German law enforcement has confiscated €34 million ($38 million) in cryptocurrency from eXch, a crypto-swapping platform tied to the $1.4 billion Bybit hack. Authorities announced the seizure on May 9, calling it the third-largest crypto confiscation in Germany’s history. The Federal Criminal Police Office (BKA) and Frankfurt’s prosecutor’s office led

May 10, 2025 2 mins read

Lazarus Hack Group Launders $1.95M in Ethereum via Tornado Cash

Crypto Firms Still Lag in Security Despite $1.4B Bybit Hack

The Chief Executive Officer of Hacken, Dyma Budorin, claims that crypto firms are still not serious about cybersecurity, despite big hacks such as the $1.4 billion hack of Bybit. He further added that the industry continues to be dependent on restricted steps like bug bounties and penetration tests. Instead of

May 7, 2025 2 mins read

Crypto Exchange eXch to Shut Down Following Bybit Hack Money Laundering Allegations

Crypto exchange eXch will stop offering its products and services starting from May 1 this year due to allegations of money laundering. The firm was accused of being involved in laundering the funds stolen from the recent $1.4B Bybit hack. As per its latest notice released on April 17, the

April 18, 2025 2 mins read

Bybit Extends $100K Relief to Cyclone-Hit Sri Lanka

Bybit Reclaims No. 2 Spot with Leading $3.61B Capital Inflows in March

With $3.61 billion in asset inflows in March, Bybit, the second-largest cryptocurrency exchange globally by trading volume, has made a spectacular return, taking back the No.2 rank in terms of trading volume. The most recent inflows demonstrate the efficacy of Bybit’s quick recovery strategies and its steadfast dedication to user security

April 1, 2025 3 mins read

Bybit Announces $100K Scholarship for St. Paul School Students in Korea

For the 2025–2026 academic year, 300 students at St. Paul American Scholars (SPAS), a prominent international school in Korea, will receive $100,000 as part of a substantial scholarship program announced by Bybit, the second-largest cryptocurrency exchange in the world based on trading volume. This partnership, which includes both a monetary contribution and

March 25, 2025 3 mins read

Bybit CEO Ben Zhou Predicts Rise of AI-Driven Finance at Paris Blockchain Week 2026

Bybit CEO Ben Zhou Confirms 88.87% of Funds Stolen by Lazarus Group Still Traceable

Bybit CEO Ben Zhou has revealed on Thursday that 88.87% of the $1.4 billion stolen from the exchange remains traceable, despite efforts by North Korea’s Lazarus Group to obscure the funds using Bitcoin mixers. The stolen assets, including 500K ETH, were mostly converted into 12,836 BTC and spread across 9,117

March 20, 2025 2 mins read

Bybit Launches XAUT Flexible Easy Earn With Boosted APR

Bybit CEO Says 77% of Stolen Funds From Bybit Hack Still Traceable

The Bybit hack took a new turn as on-chain data tracker Ember reported that the hacker launched all the funds. Meanwhile, Bybit CEO Ben Zhou shared an executive summary on stolen funds. Out of the total stolen funds, 77% of them are still traceable, 20% of them went dark, and

March 4, 2025 2 mins read

Bybit Hackers Resume Laundering and Move 62,200 ETH

Bybit hackers have resumed laundering stolen funds. On March 2, they moved another 62,200 ETH, worth $138 million. This marks a significant increase in laundering activity. Of the 499,000 ETH stolen on February 21, only 156,000 ETH remains unprocessed. Analysts predict the remaining funds will be cleared within three days.

March 2, 2025 2 mins read

Pi Network Addresses Scam Allegations Made By Bybit CEO

The recent Bybit hack of $1.5 billion theft of ETH is still circling across social platforms. On the other hand, Pi Network has become the talk of the town with its significant market price surge. However, both of these crypto entities are standing in the headlines combinedly for different reasons.

February 28, 2025 3 mins read