Bybit Bounces Back: $1.4B Cyberattack Defeated, Pioneers Crypto Innovation with AI and Tokenization
August 25, 2025
In 2025, the exchange demonstrated remarkable resilience by quickly recovering liquidity after a $1.4 billion cyberattack, with Bitcoin market depth rebounding to $13 million per day within 30 days.
The platform recovered $29.7 million via its LazarusBounty program and traced over $141 million in illicit flows, reinforcing its security and anti-fraud measures.
Bybit is positioning itself as a leader in crypto innovation, focusing on real-world asset tokenization, AI integration, and aligning with international regulations to shape the future of the industry.
The company’s strategic focus includes navigating industry volatility through innovation and compliance, aiming for broader adoption and industry leadership in the second half of 2025.
Following multiple security audits, Bybit implemented over 50 security upgrades and established a full Proof-of-Reserves system, strengthening trust and security for its users.
Beyond security, Bybit committed over $2 million to global humanitarian efforts, supporting disaster relief and educational scholarships across various regions.
The company secured the MiCAR license in Austria, enabling it to serve over 450 million Europeans within a regulated framework and expand across 29 European Economic Area countries.
Bybit expanded its AI trading assistant, TradeGPT, now with over 5 million users, and launched 78 TradFi instruments along with over 10 tokenized stocks, facilitating trading of real-world equities and ETFs.
Despite a major security threat, Bybit protected all user funds with zero loss, thanks to its 1:1 reserve guarantee, and recovered over $29.7 million through its LazarusBounty program.
The platform boasts over 2 million users of its Bybit Card, accepted at more than 150 million merchants worldwide via Mastercard, Apple Pay, and Google Pay.
CEO Ben Zhou emphasized trust, transparency, and regulatory compliance as core to Bybit’s long-term vision of becoming the most trusted gateway to Web3, integrating AI, asset tokenization, and global regulation.
The 1H 2025 Half-Year Report highlights Bybit’s resilience and growth during a challenging period marked by the Lazarus Group’s cyberattack, which it defended against without client fund loss.
Summary based on 3 sources
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Sources

Investing.com • Aug 25, 2025
Bybit Unveils 1H 2025 Report: A Masterclass in Crisis Response, AI-Driven Innovation, and Market Leadership
markets.businessinsider.com • Aug 25, 2025
Bybit Unveils 1H 2025 Report: A Masterclass in Crisis Response, AI-Driven Innovation, and Market Leadership
Blockchain.News • Aug 25, 2025
Bybit Unveils 1H 2025 Report: A Masterclass in Crisis Response, AI-Driven Innovation, and Market Leadership