Archives

August 9, 2026 @ 9:32 pm By Michael Wong  |  

Cryptocurrency exchange Bybit has filed a civil lawsuit against North Korea, its Reconnaissance General Bureau, and the Lazarus Group over a February 2025 cyberattack described by a U.S. court as “one of the largest cryptocurrency thefts in history.” The lawsuit was filed in the U.S…. Read More

August 9, 2026 @ 5:25 pm By Omar Faridi  |  

Bybit, one of the global cryptocurrency platforms, has taken significant legal steps against entities linked to a major digital asset heist. On August 7, 2026, the exchange announced a civil lawsuit filed in the US District Court for the District of Columbia. The defendants include… Read More

June 21, 2026 @ 6:45 pm By Michael Wong  |  

Cryptocurrency exchange Bybit is offering eligible users access to tokenized bond funds managed by PIMCO and China Merchants Bank International (CMBI), the latest sign of how digital asset platforms are using blockchain infrastructure to bring traditional fixed-income investments to crypto-native investors. The launch comes as… Read More

June 13, 2026 @ 3:21 pm By Omar Faridi  |  

Digital assets investment platforms Binance, Bybit, and Bitget have scrapped their campaigns offering tokenized exposure to SpaceX’s highly anticipated initial public offering. The cancellations stemmed from an inability to secure sufficient underlying shares through their tokenized equity partner, highlighting persistent challenges in bridging on-chain products… Read More

June 7, 2026 @ 12:51 pm By Michael Wong  |  

Bybit has launched a platform that allows eligible retail investors to subscribe to tokenized initial public offerings (IPOs) at the offering price, starting with SpaceX, as cryptocurrency exchanges seek to expand into traditional capital markets. The crypto exchange said on Sunday that its new Bybit… Read More

June 3, 2026 @ 10:23 am By JD Alois  |  

Bybit EU has agreed to utilize ClearBank Europe’s banking tech stack to support cloud based banking services including digital assets Bybit EU is an Austrian Crypto-Asset Service Provider (CASP) authorized under the Markets in Crypto-Assets Regulation (MiCAR) in Austria. Bybit EU serves customers across the… Read More

May 4, 2026 @ 5:44 am By Tony Zerucha  |  

Bybit has expanded Bybit Pay to South Africa through an integration with  MoneyBadger, a South African crypto payments integration provider that enables QR-based transactions and settlement in rand through partnerships with major payment networks. That enables users to make everyday purchases using cryptocurrency across a… Read More

April 23, 2026 @ 5:59 am By Omar Faridi  |  

Coinbase (NASDAQ: COIN) has teamed up with Bybit to facilitate the conversion of traditional stocks into digital tokens, along with their secure storage and global distribution. This collaboration highlights the growing momentum behind tokenization as a bridge between conventional financial markets and blockchain technology. Bybit,… Read More

April 5, 2026 @ 4:23 pm By Omar Faridi  |  

Bybit EU, the cryptocurrency exchange serving the European Economic Area (excluding Malta), has deepened its collaboration with Fourthline, a leading European identity services provider. The move, announced on April 2, 2026, positions Fourthline as one of Bybit EU’s official Identity Verification Partners following a successful… Read More

February 22, 2026 @ 6:26 pm By Omar Faridi  |  

February 21, 2026 marks the first anniversary of the largest confirmed cryptocurrency theft in history. On that day in 2025, hackers drained roughly $1.46 billion in digital assets from Dubai-based exchange ByBit. Blockchain intelligence firm Elliptic was among the first to link the attack to… Read More

December 22, 2025 @ 9:00 am By Omar Faridi  |  

Cryptocurrency exchange Bybit has resumed services in the United Kingdom following a two-year suspension, marking a seemingly calculated return to one of Europe’s most tightly regulated markets. The Dubai-based platform, which ranks as one of the largest crypto exchanges by trading volume (despite suffering a… Read More

December 10, 2025 @ 1:59 am By Omar Faridi  |  

Bybit, which claims to be one of the world’s largest cryptocurrency exchanges by trading volume, announced a partnership with an affiliate of Circle Internet Group, Inc. (NYSE:CRCL), a financial tech firm and the issuer of USDC through its regulated entities. The latest partnership aims to… Read More

September 11, 2025 @ 9:01 am By Omar Faridi  |  

Sygnum, a global digital asset banking group, has integrated crypto exchange Bybit into its Sygnum Protect off-exchange custody platform. This integration enables traders to leverage Bybit’s product range and liquidity while “holding their assets at Sygnum Bank off-balance sheet with institutional-grade security.” Bybit institutional customers… Read More

June 23, 2025 @ 8:35 am By Michael Wong  |  

Byreal, a new decentralized finance platform focused on bringing real-world assets on-chain, officially launched its brand, backed by partnerships with crypto exchange Bybit and the Solana Foundation. The platform aims to become the primary liquidity infrastructure for tokenized real assets, positioning itself as a full-cycle… Read More

April 21, 2025 @ 11:11 am By Omar Faridi  |  

In a recent update shared via X, Bybit CEO Ben Zhou revealed that approximately 27.59% of the $1.4 billion in cryptocurrency stolen from the exchange has become untraceable, marking a significant development in one of the largest hacks ever to hit a centralized crypto exchange…. Read More

March 14, 2025 @ 9:20 am By Tony Zerucha  |  

The recent $1.4 billion Bybit hack by Lazarus Group has crypto industry figures weighing in on lessons that should be learned moving forward. SMARDEX co-founder Jean Rausis said the industry should review its hiring practices and closely consider crypto’s “remote nature.” “Most of us work… Read More

March 5, 2025 @ 10:40 am By JD Alois  |  

Following President Donald Trump’s announcement of his intent to create a Crypto Strategic Reserve, certain digital assets saw their prices rocket—only to collapse in the ensuing days. For example, Bitcoin, the most popular crypto in the world, rose by 10%. XRP jumped 33%, and AdA rocketed by 65%. But… Read More

March 3, 2025 @ 10:27 am By JD Alois  |  

D24 Fintech Group Chief Technology Officer Osama Bari has outlined how crypto firms may improve security to prevent breaches on a similar scale as the ByBit hack. D24 is based in Singapore and it provides various services for financial platforms. The ByBit breach is the… Read More

February 26, 2025 @ 9:20 am By Omar Faridi  |  

On Friday, February 21, 2025, the cryptocurrency ecosystem was rocked by one of the largest hacks in its history: a meticulously executed theft of nearly $1.5 billion worth of Ethereum tokens (and some other cryptocurrencies) from Bybit, a prominent crypto exchange. Although many of these… Read More

February 25, 2025 @ 7:37 am By Omar Faridi  |  

Copper noted that on Friday, 21 February 2025, the digital assets industry witnessed one of the largest centralized exchange security breaches in history, affecting Bybit. As the situation developed, Copper’s Security and Financial Risk teams closely monitored events and “took necessary precautions to protect client assets and minimize… Read More