Altcoins News
By Sakamoto Nashi
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Bybit just became crypto's second-biggest exchange. The platform handled $1.5 trillion in trading volume during 2025, even after getting hammered by one of the industry's worst…
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The Singapore-based exchange lost $1.5 billion to hackers earlier this year, sparking massive concerns about whether it could survive. But Bybit didn't fold.
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Trading volume surged throughout the second half of 2025 as confidence returned. Bybit's recovery caught many analysts off guard, especially since similar hacks have killed other…
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MEXC also climbed the rankings this year, grabbing market share from established players. Competition among crypto exchanges got pretty intense as traders looked for platforms…
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Security became everything after the hack.
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On January 15, 2026, Bybit announced a partnership with a major blockchain analytics firm to beef up its monitoring systems.
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Bybit's expansion plans didn't stop despite the setback. The exchange wants to enter new Asian and European markets this year, betting that demand for crypto trading will keep…
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Zhou's team scheduled a virtual town hall for February 2, 2026, to address lingering user concerns about the hack.
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Regulatory pressure keeps building across the crypto space. Exchanges now face stricter compliance requirements in most major markets, forcing them to hire legal teams and…
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The hack response became a case study for the industry. When hackers breached Bybit's systems, the exchange immediately froze withdrawals and started investigating.
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Recovery took months, not weeks. Bybit had to rebuild its entire security infrastructure while keeping the platform operational for existing users.
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Trading volumes tell the real story of Bybit's comeback. Monthly volume dropped to $80 billion immediately after the hack but climbed back to pre-incident levels by November 2025.
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The crypto exchange landscape shifted dramatically in 2025. Several smaller platforms shut down after regulatory crackdowns, while others merged to stay competitive.
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Cybersecurity spending across the industry jumped 400% after Bybit's hack. Other exchanges realized they were vulnerable to similar attacks and started upgrading their defenses.
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Zhou won't discuss specific security measures publicly, saying that would help potential attackers.
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