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Bybit shuts down four more Web3 services after axing NFT marketplace
17.4.2025
Bybit is shutting down more of its Web3 services after axing its non-fungible token (NFT) marketplace earlier in April.According to an April 16 announcement, the exchange is shutting down its Cloud Wallet (a hosted custodial wallet​), Keyless Wallet (non‑custodial multiparty computation...
Lombard Finance Launches Toolkit to Unlock Bitcoin’s $154B DeFi Opportunity
17.4.2025
Major exchanges Binance and Bybit have already integrated the SDK, which routes staked BTC into Lombard’s DeFi Vault
Avalon Labs Launches Institutional Layer on Bybit to Enhance Bitcoin Lending and Yield
15.4.2025
Avalon Labs has launched its institutional layer on Bybit, aimed at transforming bitcoin lending and yield opportunities within the centralized exchange ecosystem. This new feature allows bitcoin holders to access enhanced yield by leveraging Avalon’s fixed-rate institutional borrowing layer...
Bybit denies $1.4M listing fee, school promo accusations on X
14.4.2025
Crypto exchange Bybit has denied claims that it charges $1.4 million to list a token on its platform, following allegations made by a social media user with over 100,000 followers.On April 14, X user “silverfang88” accused the exchange of demanding millions from projects in listing...
Bybit denies $1.4M listing fee, school promo accusations on X
14.4.2025
Crypto exchange Bybit has denied claims that it charges $1.4 million to list a token on its platform, following allegations made by a social media user with over 100,000 followers.On April 14, X user “silverfang88” accused the exchange of demanding millions from projects in listing...
Bybit integrates Avalon through CeFi to DeFi bridge for Bitcoin yield
14.4.2025
Crypto exchange Bybit has partnered with lending protocol Avalon to offer Bitcoin yield to its users.According to an April 14 X Avalon Labs announcement, the centralized decentralized finance (CeDeFi) protocol will now be a part of the exchange’s yield product, Bybit Earn. Avalon explains...
Bybit integrates Avalon through CeFi to DeFi bridge for Bitcoin yield
14.4.2025
Crypto exchange Bybit has partnered with lending protocol Avalon to offer Bitcoin yield to its users.According to an April 14 Avalon Labs X announcement, the centralized decentralized finance (CeDeFi) protocol will now be a part of the exchange’s yield product, Bybit Earn. Avalon said it will...
Bybit recovers market share to 7% after $1.4B hack
10.4.2025
Bybit’s market share has rebounded to pre-hack levels following a $1.4 billion exploit in February, as the crypto exchange implements tighter security and improves liquidity options for retail traders.The crypto industry was rocked by its largest hack in history on Feb. 21 when Bybit lost...
Regulation: ‘Net Positive’ for Crypto Payments Industry, Bybit Exec Says
7.4.2025
The digital payments sector, particularly in cryptocurrency, is a regulatory battleground. Some users welcome regulation for weeding out bad actors and enhancing service quality, while others see it as stifling innovation. The head of Bybit’s payment business unit believes regulation brings...
Bybit Beefs Up Asset Security Following $1.45B Hack
3.4.2025
The attack on Bybit in February, which saw nearly $1.5 billion worth of digital assets stolen, was the largest hack of a crypto exchange in dollar terms ever
Bybit to shut down NFT marketplace as trading volumes decline
1.4.2025
Cryptocurrency exchange Bybit has announced the shutdown of its non-fungible token (NFT) marketplace.In an April 1 announcement, Bybit warned its users that its NFT marketplace will cease operations on April 8, 2025, at 4:00 pm (UTC). Furthermore, at that time, the exchange will also shut down...
Bybit to shut down NFT marketplace as trading volumes decline
1.4.2025
Cryptocurrency exchange Bybit has announced the shutdown of its non-fungible token (NFT) marketplace.In an April 1 announcement, Bybit warned its users that its NFT marketplace will cease operations on April 8, 2025, at 4:00 pm (UTC). Furthermore, at that time, the exchange will also shut down...
T3 Financial Crimes Unit Freezes $9 Million Linked to Bybit Hack
28.3.2025
On Wednesday, the T3 Financial Crimes Unit (FCU), integrated by Tether, Tron, and TRM Labs, announced that it had frozen close to $9 million linked to one of the largest cryptocurrency thefts ever, the Bybit hack. Paolo Ardoino, CEO of Tether, highlighted that the company remained “unwavering...
Lazarus Group’s 2024 pause was repositioning for $1.4B Bybit hack
28.3.2025
North Korea-affiliated hackers may have scaled back their operations in the second half of 2024 while preparing for what became the largest crypto hack in history.The crypto industry was rocked by the enormous hack on Feb. 21 when Bybit lost over $1.4 billion to the infamous North Korean Lazarus...
Bybit Founder Exposes Hack Flows: 86% of Stolen Crypto Traced to 9,117 Bitcoin Wallets
20.3.2025
In late February, Bybit fell victim to a cybersecurity breach that drained over $1.4 billion in digital currency. Nearly three weeks later, on March 20, Bybit founder Ben Zhou released a comprehensive analysis detailing the attack’s mechanics and response protocols. Crypto’s Dark Maze Zhou revealed...
Bybit: 89% of stolen $1.4B crypto still traceable post-hack
20.3.2025
The lion’s share of the hacked Bybit funds is still traceable after the historic cybertheft, as blockchain investigators continue their efforts to freeze and recover these funds.The crypto industry was rocked by the largest hack in history on Feb. 21, when Bybit lost over $1.4 billion...
CertiK exec explains how to keep crypto safe after $1.4B Bybit hack
19.3.2025
The February hack against Bybit sent ripples through the industry after $1.4 billion in Ether-related tokens was stolen from the centralized exchange, reportedly by the North Korean hacking collective Lazarus Group, in what was the most costly crypto theft ever.The fallout from the hack has left...
Crypto for Humans: Lessons from the Bybit Hack
18.3.2025
The exploit showed that human failings, not technical glitches, are the most important factors in such incidents, says INSEAD's Ben Charoenwong
OKX Halts DEX Aggregator Amid Bybit Hack Fallout
17.3.2025
The crypto exchange and blockchain infrastructure provider OKX has “temporarily halted” operations for its decentralized exchange (DEX) aggregation app, “OKX Web3.” This decision comes after the firm previously clarified it implemented safeguards to prevent Bybit hackers from exploiting...
OKX Suspends DEX Aggregator as it 'Works Diligently' to Upgrade Security
17.3.2025
The platform reportedly caught regulators' attention after reports that it was used to launder some of the proceeds of the recent Bybit hack