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Bybit Strengthens Security Defences Against Evolving Crypto Threats, Intercepting $700 Million in Potential User Losses

Summary by PR Newswire
/PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, has strengthened and expanded its security systems following the...

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ChainCatcher reports that Bybit released its 2026 H1 Risk and Security Report today. Following the security incident in February 2025, Bybit has comprehensively upgraded its security architecture, transitioning to a new defense model characterized by earlier detection, faster response, and continuous adaptation. Key highlights of the report include: User Fund Protection: Over 30,000 suspicious withdrawals were intercepted in the first half of th…

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CryptoPotato broke the news on Tuesday, August 18, 2026.
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