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

"The cybersecurity arms race has entered an era of minutes," said David Zong, Head of Group Risk Control and Security at Bybit. 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. “The cybersecurity arms race has entered an era of minutes,” said David Zong, Head of Group Risk Control and Security at Bybit, who noted that human judgment remains “at the center of critical security decisions.” 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...