Bybit Rebounds: Market Share Climbs as Traders Return Post Security Breach

Bybit is witnessing a significant resurgence in its market share following the unprecedented cyberattack in February, which resulted in a loss of over $1.4 billion worth of assets. Recent data shows that the exchange has recovered to nearly 7% of the market share – a level comparable to pre-breach performance. This recovery is attributed to improved sentiment among traders, stronger security protocols implemented by Bybit, and enhanced liquidity options for retail investors.