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Bybit recovers liquidity levels 30 days after hack — Kaiko
7.5.2025
The Bybit exchange has recovered its liquidity to pre-hack levels just 30 days following the February 2025 attack that drained nearly $1.5 billion in funds.According to a report from crypto research and analytics firm Kaiko, Bitcoin's (BTC) 1% market depth, a measure of liquidity, returned...
Bybit recovers liquidity levels 30 days after hack — Kaiko
7.5.2025
The Bybit exchange has recovered its liquidity to pre-hack levels just 30 days following the February 2025 attack that drained nearly $1.5 billion in funds.According to a report from crypto research and analytics firm Kaiko, Bitcoin's (BTC) 1% market depth, a measure of liquidity, returned...
Bybit CEO Ben Zhou Provides Update on Hacked Funds and Recovery Efforts
21.4.2025
Ben Zhou, co-founder and CEO of Bybit, has released an executive summary detailing the status of hacked funds totaling approximately $1.4 billion, or around 500,000 ETH. According to Zhou, 68.57% of these funds remain traceable, while 27.59% have gone dark, and 3.84% have been frozen....
Bybit CEO: Two-thirds of Lazarus-hacked funds remain traceable
21.4.2025
Crypto exchange Bybit co-founder and CEO Ben Zhou says more than two-thirds of the digital assets stolen from the platform in February by North Korea’s Lazarus Group still remain traceable. In an executive summary on hacked Bybit funds posted on X on April 21, Ben Zhou said that of...
Bybit CEO: Two-thirds of Lazarus-hacked funds remain traceable
21.4.2025
Crypto exchange Bybit co-founder and CEO Ben Zhou says more than two-thirds of the digital assets stolen from the platform in February by North Korea’s Lazarus Group still remain traceable. In an executive summary on hacked Bybit funds posted on X on April 21, Ben Zhou said that of...
Over $380M Worth of Crypto Stolen During Bybit's $1.4B Hack Has Gone Dark
21.4.2025
The untraceable funds primarily flowed into mixers then through bridges to P2P and OTC platforms, Zhou said
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...