Bybit intercepted over $700M in potential losses after $1.46B hack

Bybit’s security systems blocked more than $700 million in potential user losses during the first half of 2026 as the exchange expanded real-time blockchain monitoring and AI-assisted threat detection after its $1.46 billion 2025 hack. Summary 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. Bybit’s H1 2026 Risk & Security Report, covering Jan. 1 through June 15, said the exchange now operates three main layers of defence spanning user accounts, continuous on-chain monitoring and AI-supported security operations, with human specialists retaining control over critical decisions. The exchange said more than 30,000 suspicious withdrawal requests were intercepted during the period, protecti...