18 articles tagged with #bybit. AI-curated summaries with sentiment analysis and key takeaways from 50+ sources.
Bybit has become the first major cryptocurrency exchange to list Western Union's USDPT stablecoin, enabling users to hold, transfer, and trade the dollar-pegged token. This milestone represents a significant bridge between traditional finance infrastructure and crypto markets, potentially accelerating mainstream adoption of blockchain-based stablecoins.
Bybit has integrated Western Union's USDPT stablecoin, enabling Latin American users to convert fiat directly and settle transactions on the Solana blockchain. This partnership bridges traditional remittance infrastructure with decentralized finance, potentially expanding crypto adoption in emerging markets with established Western Union networks.
Bybit has listed USDPT, a Solana-based stablecoin fully backed by US dollars, through Western Union's payment network to enable faster crypto-to-fiat conversions. Users can buy and redeem USDPT at a 1:1 USD ratio via Bybit's fiat channels, with settlement times reduced from days to minutes for cross-border transactions.
Bybit CEO Ben Zhou was invited to meetings with UK government bodies including the FCA and House of Lords this week, signaling the UK's efforts to attract major cryptocurrency exchanges and compete with the UAE's growing crypto hub status. The outreach reflects intensifying regulatory engagement and the UK's strategic push to establish itself as a crypto-friendly jurisdiction.
Bybit has led a funding round for Hata, a new Malaysian cryptocurrency platform operating under dual licenses. This development reflects Malaysia's evolving regulatory approach to digital assets and tokenization, positioning the country as a competitive hub for regulated crypto services in Southeast Asia.
Coinbase and Bybit are collaborating on tokenizing, custodying, and distributing U.S. stocks, marking a significant step toward bringing traditional equity markets onto blockchain infrastructure. The partnership does not involve equity stakes or regulatory maneuvers to establish U.S. operations.
Coinbase and Bybit are reportedly in discussions for a strategic investment partnership. The potential collaboration would enable Bybit to enter the compliant US cryptocurrency market through Coinbase's regulatory framework.
Crypto theft patterns shifted in February as phishing attacks targeting individuals surpassed protocol exploits, with total losses dropping to $50 million compared to January's $385 million. The Step Finance hack alone accounted for $30 million of February's losses, while Bybit prevented over $300 million in unauthorized withdrawals in Q4 2023.
Bybit successfully recovered $300 million for thousands of users through AI-enhanced fraud prevention systems in 2025. The exchange also blocked 3 million credential-stuffing attempts related to account takeover schemes, demonstrating the effectiveness of AI-powered security measures in protecting user funds.
Bybit has launched POV (Partial Order Visibility) orders on its futures platform, a feature designed to improve execution precision for large trades. This development enhances trading infrastructure by enabling traders to execute substantial positions with reduced market impact and slippage.
XRP open interest has declined significantly across major cryptocurrency exchanges, with Binance leading the drop at 721.49 million XRP, followed by Bybit at 132.10 million XRP and Bitfinex at 10.96 million XRP. This widespread contraction signals weakening futures market activity and reduced speculative positioning in XRP derivatives markets.
Rwanda's central bank has warned against cryptocurrency activities involving the Rwandan franc after Bybit exchange added support for the local currency on its peer-to-peer platform. The central bank reiterated that crypto activities tied to the local currency remain prohibited under current regulations.
Rwanda's central bank issued a warning against Bybit's peer-to-peer trading platform after the crypto exchange added the Rwandan Franc to its supported currencies for crypto trading. This represents regulatory pushback against unauthorized cryptocurrency trading services in the East African nation.
Ethereum shows multiple bullish signals with Bybit recording 2.51M ETH increase in derivatives activity and the SuperTrend indicator flipping to Buy for the first time since September. ETFs accumulated 83,000 ETH worth $193M over three weeks, while previous SuperTrend Buy signals triggered gains of 52% and 174%.
Bybit is expanding its Middle East operations despite ongoing regional tensions. The UAE crypto ecosystem currently hosts approximately 1,800 crypto companies employing over 8,600 people across various roles.
Bybit's new fraud prevention system reportedly blocked $300 million worth of risky withdrawals in Q4 2025. Most of the prevented losses came from users voluntarily backing out after receiving real-time warnings, demonstrating a shift in exchange security strategies from post-incident recovery to proactive fraud prevention.
Bybit CEO Ben delivered a year-end keynote reviewing 2025's crypto industry growth and outlined the company's strategic evolution from a crypto exchange to a comprehensive financial platform. He highlighted how regulatory clarity, institutional adoption, and growth in stablecoins and real-world assets are driving crypto into mainstream finance.
Traders are increasingly comparing crypto futures platforms like BTCC, Binance, and Bybit as derivatives market activity expands. Growing institutional and retail participation is driving closer examination of technical specifications across major exchanges.
