Bybit Strengthens Security Defences Against Evolving Crypto Threats, Intercepting $700 Million in Potential User Losses
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9 Articles
Bybit intercepted over $700M in potential losses after $1.46B hack
Bybit’s security systems blocked more than $700 million in potential user losses during the first half of 2026 as the exchange expanded real-time blockchain monitoring and AI-assisted threat detection after its $1.46 billion 2025 hack. Bybit’s H1 2026 Risk &…
Bybit Strengthens Security Defences Against Evolving Crypto Threats, Intercepting $700 Million in Potential User Losses
/PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, has strengthened and expanded its security systems following the...
Bybit Says It Prevented Over $700 Million in Losses After $1.46 Billion Hack
Bybit says its security systems prevented more than $700 million (roughly Rs. 6,699 crore) in potential losses during the first half of 2026. The exchange blocked over 30,000 suspicious withdrawals and identified around $212 million (roughly Rs. 2,029 crore) in potentially fraudulent funds. The measures follow the $1.46 billion (roughly Rs. 13,978 crore) hack suffered by Bybit in February 2025, which prompted the exchange to strengthen its block…
ChainCatcher reports that Bybit released its 2026 H1 Risk and Security Report today. Following the security incident in February 2025, Bybit has comprehensively upgraded its security architecture, transitioning to a new defense model characterized by earlier detection, faster response, and continuous adaptation. Key highlights of the report include: User Fund Protection: Over 30,000 suspicious withdrawals were intercepted in the first half of th…
Bybit Intercepts $700 Million in Potential User Losses During First Half of 2026
Bybit intercepted more than $700 million in potential user losses between January 1 and June 15, blocking over 30,000 suspicious withdrawal requests and protecting close to 20,000 users, according to a risk and security report it published on August 18. That compares with $300 million intercepted across the whole of 2025 under what the company then called a new AI-driven risk framework. CryptoPotato reported the earlier tally alongside the 3 mil…
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