Bybit Upgrades Hot Wallet Infrastructure Amid Rising Cyber Threats

Bybit has announced an upcoming hot wallet infrastructure upgrade scheduled to take place from September 4 through September 10, 2026. The primary goal of this upgrade is to enhance the security and efficiency of the platform's user transactions.

The planned internal USDC transfers between existing and newly created wallets aim to bolster the security of Bybit's hot wallets, which are crucial for facilitating user transactions.

During the upgrade period, users may experience temporary disruptions in USDC transfer availability on the platform. This move comes as part of broader market dynamics, where platforms are increasingly prioritizing security in response to rising cyber threats.