Bybit stages comeback after historic $1.5B crypto hack

[ed]

Bybit recorded the second-highest trading volume among crypto exchanges in 2025, marking what CoinGecko describes as a “slow but steady comeback” following a $1.5 billion hack earlier in the year.

The exchange processed roughly $1.5 trillion in trading volume across 2025, capturing 8.1% of the global market, according to CoinGecko analyst Shaun Paul Lee. The recovery is notable given that the February breach — the largest crypto hack on record — involved North Korean attackers exploiting a vulnerability in Bybit’s cold wallet infrastructure.

Despite the scale of the attack, CoinGecko said Bybit gradually regained user activity throughout the year, returning to the upper tier of global exchanges.

[cryptobro]

keeping withdrawals open during the hack? that’s either genius or completely insane 🤯