Bybit Report: Resilient Growth Amidst Crypto’s Turbulent H1 2025

Bybit’s half-year report for 2025 paints a picture of resilience and expansion, showcasing how the world’s second-largest crypto exchange navigated one of the most challenging phases in the industry’s history. Despite facing a significant $1.4 billion cyberattack attributed to the Lazarus Group in February 2025, Bybit demonstrated its commitment to security and compliance. The firm took full responsibility for the incident by leading the industry response with real-time updates, on-chain proofs, nine independent audits, and over 50 new security measures. This included a bounty program and enhanced asset tracing efforts.