Bybit Boosts Security After Major Hack, Intercepts Over $700 Million in Potential Losses
Bybit, the world's second-largest cryptocurrency exchange by trading volume, has strengthened its security systems following a February 2025 theft of approximately $1.46 billion in digital assets.
The company expanded its security architecture across account protection, on-chain monitoring, fraud detection, security testing, and incident response to create a system that can continuously learn from emerging threats and reduce the time between detection and intervention.
Bybit's H1 2026 Risk & Security Report details the operation of three layers of protection: user and account security, real-time on-chain monitoring, and AI-assisted security operations.
In H1 2026, Bybit intercepted more than $700 million in potential user losses, with an average initial review time of 4.7 minutes, and identified approximately $212 million in potential fraud-linked onchain funds.