Cryptocurrency exchange Bybit suffered a $1.4 billion hack in February 2025 that exposed structural weaknesses in custody systems long considered industry standards, such as cold storage and ...

Bybit‘s market share climbed in 2025, even after it was hacked for $1.5 billion, while trading volumes on the top 10 exchanges rose by 7.6% on average last year. Bybit saw the second-highest trading ...