Bybit intercepted over $700M in potential losses after $1.46B hack
Bybit intercepted over $700M in potential losses after $1.46B hack
Bybit blocked more than 30,000 suspicious withdrawals, preventing over $700 million in potential user losses during H1 2026.The exchange now monitors 100% of business relevant on chain activity and handled 10 token project security incidents without platform losses.More than 100,000 security alerts were processed with AI assistance, while automated testing cut some security assessment cycles from two weeks to two hours.Bybit has also pursued legal action against North Korea and the Lazarus Group over the $1.46 billion hack in February 2025.