Ben Zhou

Highlights: Bybit now has over 70 million registered users. The exchange attributed the landmark achievement to years of consistent innovations. Ben Zhou said Bybit remains committed to ensuring global compliance to enhance its expansion project. Bybit is making headlines after […]

Highlights: Bybit CEO Ben Zhou confirms 27.59% of stolen funds remain untraceable after hack. Lazarus Group utilized mixers, bridges, and P2P platforms to move stolen funds. eXch privacy platform to shut down amid money laundering links to Lazarus Group. Crypto […]

Highlights: Bybit CEO says high leverage is risky and suggests reducing it as positions grow to protect exchanges from big losses. A trader used 50x leverage on Hyperliquid and caused a $4M loss, forcing the platform to lower Bitcoin and […]

Highlights: Bybit’s CEO confirmed that $280M of stolen funds is untraceable due to mixing services. Hackers converted 83% of stolen funds into BTC and spread them across 6,954 wallets. Bybit launched a $140M bounty, paying $2.18M to those helping recover […]

Highlights: Bybit experienced a marked surge in withdrawal requests following the $1.5 billion security compromise. The exchange’s co-founder revealed that the trading outlet has completed all withdrawal requests. Zhou assured users of Bybit’s team’s swift responses to address all their […]

Highlights: Malaysia’s SC ordered Bybit to cease all operations due to regulatory non-compliance. Bybit hopes to reconnect with Malaysian users after securing the necessary licenses. Malaysia’s crypto laws recognize crypto as securities but not as legal tender. Malaysia’s Securities Commission […]