Bybit Intercepts $700 Million in Potential User Losses During First Half of 2026

NewsTue, 18 Aug 2026 12:00:40 UTC1 hour ago
Bybit Intercepts $700 Million in Potential User Losses During First Half of 2026

Bybit intercepted more than $700 million in potential user losses between January 1 and June 15, blocking over 30,000 suspicious withdrawal requests and protecting close to 20,000 users, according to a risk and security report it published on August 18.

That compares with $300 million intercepted across the whole of 2025 under what the company then called a new AI-driven risk framework. CryptoPotato reported the earlier tally alongside the 3 million credential-stuffing attempts Bybit said it blocked that year, when its recovery work covered roughly 4,000 users.

The company said the metrics should not be read as a guarantee of future performance or as a comparative ranking of exchanges.

โ€œThe cybersecurity arms race has entered an era of minutes,โ€ said David Zong, Head of Group Risk Control and Security at Bybit, who noted that human judgment remains โ€œat the center of critical security decisions.โ€

AI-Assisted Auditing

Bybit said AI-assisted auditing identified high-severity vulnerabilities at three to five times the rate of manual review, and that automation cut the time from security assessment to testing from about two weeks to two hours.

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