Crypto exchange Bybit is launching Byreal, a hybrid decentralized exchange on Solana that combines centralized exchange liquidity with DeFi transparency.
Bybit News
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Bybit unveiled a major security overhaul following its $1.4 billion hack in February, with upgrades across audits, wallet protection and information security.
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Thailand’s SEC has ordered Bybit, 1000X, CoinEx, OKX and XT.COM blocked nationwide, citing unlicensed operation and money-laundering concerns.
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Bybit has received regulatory approval under the EU's MiCA framework and has opened its European headquarters in Vienna.
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A glitch affecting Apple ID-based KYC halted a user’s access to $100,000 until a crypto influencer got Bybit’s executive team involved for a swift resolution.
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The crypto world watched the rise and fall of eXch, but investigators say the platform may still be lurking behind the scenes.
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The $38 million crypto seizure from Bybit hack-linked eXch was the third-largest crypto confiscation in the history of Germany’s federal criminal police.
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Bybit is the second-largest cryptocurrency exchange by trading volume in the world, behind only the Binance exchange.
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As crypto market manipulation evolves, highly organized networks coordinate sophisticated schemes across exchanges, threatening market integrity. Collective vigilance and data sharing can protect the ecosystem.
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Enterprise-grade custody solutions can safeguard digital assets with multi-layered security and transparency.
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Crypto hackers have already surpassed the $1.49 billion stolen during 2024, according to Immunefi’s latest research.
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NFT enthusiasts are reporting that RTFKT’s CloneX NFTs are visible again after a Cloudflare issue caused them all to display the same error message.
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Almost 70% of the stolen Bybit funds “remain traceable,” said CEO Ben Zhou, who is pinning his hopes on bounty hunters to decipher crypto mixers used to launder the loot.
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Bybit is shutting down most of its Web3 services, including wallets and its NFT platform, to refocus on core offerings after a $1.4 billion hack.
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Bybit told Cointelegraph that it requires a $200,000–$300,000 security deposit to ensure that projects meet promotion requirements.
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