Bybit Addresses User Apple ID Login Issue, Reiterates No Systemic Risk

A recent incident involving an isolated issue with a user’s Apple ID login on the Bybit platform temporarily impacted withdrawals for over $100,000. However, Bybit swiftly resolved the matter without wider platform impact. The incident demonstrates Bybit’s commitment to enhanced security measures following a February 2025 data breach which resulted in significant losses. This isolated instance reinforces user confidence and market confidence in Bybit’s security protocols.