Bybit
Coverage of Bybit in the Nexus archive.
- Singapore's Hyperliquid warning, Indonesia's FinFluencer licence: Asia Express
Hyperliquid has been added to Singapore's regulatory 'naughty' list alongside Bybit. Indonesia introduced a new certification scheme for social media influencers promoting cryptocurrency.
- Tether Gold now has a dedicated options market on Bybit
Tether Gold has launched a dedicated options market on the Bybit platform. This development allows traders to access derivative products based on Tether Gold.
- Bybit, Binance, Bitget cancel tokenized SpaceX IPO allocations after share shortage
Bybit, Binance, and Bitget canceled tokenized SpaceX IPO allocations due to a share shortage. The exchanges are issuing full refunds and additional compensation to affected users.
- Bybit challenges Wall Street with a massive push into tokenized U.S. stock IPOs
Bybit is challenging Wall Street through a significant initiative focused on tokenized U.S. stock IPOs. The move signals a push into innovative financial market structures.
- Bybit follows Kraken in offering tokenized SpaceX IPO access via xStocks
Bybit has launched a product offering tokenized access to SpaceX's IPO via Payward's xStocks framework, following Kraken's similar initiative. Kraken acquired the xStocks platform through its 2025 purchase of Backed Finance.
- Bybit joins Western Union’s new USDPT network as stablecoin expands distribution
Bybit has integrated Western Union’s new USDPT network, providing liquidity for the dollar-pegged stablecoin in crypto markets. Payment providers are accelerating their adoption of stablecoins.
- Rogue states are putting AI agents to work on sanctions evasion
Rogue states like North Korea and Iran are leveraging AI to enhance sanctions evasion through fake identities, shell companies, and crypto laundering, per a RUSI report. The report highlights AI's role in increasing efficiency and evading detection, with examples like North Korea's Lazarus Group and the 2025 Bybit theft.
- Why are there no crypto credit cards?
The article discusses why crypto lending protocols like Aave and Kamino haven't launched credit cards despite the booming crypto debit card market. It suggests these protocols could leverage collateralized assets to offer credit functionality, similar to how existing crypto card providers operate, though with some trade-offs in decentralization.
- $573M liquidated in 24 hours, treasury yields at 4.55%, feels like crypto is just trading the Fed at this point
Bitcoin dropped from $82k to $78k with $573M in liquidations over 24 hours, driven primarily by rising treasury yields (10-year at 4.55%, 30-year at 5.04%) rather than leverage accumulation. The author argues that attractive risk-free returns from treasury bonds are pulling real money away from crypto, making macroeconomic factors more influential than bullish catalysts like the Clarity Act.
- Bybit Rejected USDT Recovery from Morph Network — But Their Docs Say They Recover Unsupported Deposits
Bybit rejected USDT recovery from Morph Network, despite documentation stating they recover unsupported deposits. This decision may impact user trust and Bybit's reputation. The situation highlights potential inconsistencies between Bybit's policies and actions.
- Thorchain "exploit" timeline
Thorchain has been hacked six times in five years, resulting in significant financial losses and compromised security. The hacks have occurred through different layers of the architecture, including smart contract bugs, validator software vulnerabilities, and social engineering attacks. The total loss or trapped funds amount to approximately $227 million.
- Blockaid Launches Real-Time Compliance Suite as Institutions Deepen Crypto Exposure
Blockaid launched a real-time compliance suite called Risk Exposure to help institutions manage crypto exposure, as they increasingly operate in the crypto and decentralized finance space. The suite aims to prevent scam and exploit prevention and provide programmable, real-time compliance. Institutions face substantial risk, with over $1.5 billion in tainted funds moved through the Bybit hack.
- Are tokenized stocks finally becoming useful?
Tokenized stocks are becoming more useful as the gap between traditional markets and crypto shrinks, with exchanges improving accessibility and integration with other markets. The advantages of tokenized stocks include easier access globally and a crypto-native trading experience. However, there are still questions around regulation, liquidity, and custody.
- Transferring cryptocurrency from a foreign exchange to a Thai exchange;Is it taxable?
A tax resident of Thailand is questioning whether transferring cryptocurrency from a foreign exchange to a Thai exchange is subject to Thai income tax. The individual is seeking clarification on if moving crypto between wallets triggers tax liability. They are also concerned about proving the source of funds used to purchase the cryptocurrency.
- Got banned from a prop firm for hedging, now testing hedge mode on bybit any actual hedging based strategies you guys run?
The author was banned from a prop firm for hedging and is now testing hedge mode on Bybit. They are looking for systematic strategies around hedge mode trading. The author is frustrated with eval fees and being told that protecting their capital is abusive.
- Full-time crypto trading isn't what your YouTube guru sold you. My actual day, hour by hour.
A full-time crypto trader shares their daily routine, highlighting the challenges and realities of trading, including financial anxiety, isolation, and health issues. The trader emphasizes that full-time trading is not freedom, but rather a different job with its own set of problems. The post aims to debunk the romanticized notion of full-time trading often presented on YouTube.
- i compared proof of reserves across exchanges and Backpack wins by a mile
Backpack exchange leads in proof of reserves compared to other exchanges like Binance and Kraken, with daily internal checks and full open-source Plonky2 proofs. Backpack covers all coins, unlike OKX which covers 22 coins and Kraken which covers 7. This comparison matters after the FTX incident.
- My trading "day" is mostly me staring at a chart waiting for nothing to happen
The article discusses the reality of trading, which is often boring and involves waiting for something to happen. A trader shares their experience of waiting for a trade to play out, making only one stop adjustment throughout the day. The key takeaway is that good trading is mostly about not interfering with a thesis that hasn't been invalidated yet.
- which crypto card are you using
The author is comparing various crypto cards, including Crypto.com, Bybit, Nexo, and Wirex, and considering their cashback tiers and rewards structures. They are unsure which one is worth using due to limitations and complexities. The author is looking for the best option with favorable terms.
- Realtime Crypto Terminal to follow top market prices and crypto news
A realtime crypto terminal is available to track top market prices and crypto news without signup or ads. It streams prices from multiple exchanges and aggregates news from various sources. The terminal provides a single-page view of the crypto market.
- there is no "best exchange" there is the best one for what you're actually trying to do. stop tier-listing and start asking the right question
The best cryptocurrency exchange depends on the user's specific needs and goals, such as simple fiat transactions or trading derivatives. Different exchanges are suitable for different purposes, and self-custody with a decentralized exchange (DEX) is often the right choice for medium to long-term holds. Users should consider factors like fees, execution quality, and token availability when choosing an exchange.
- Stablecoin firms have a $112B opportunity in LATAM remittance outside of US-Mexico: Bybit
The US-to-Mexico remittance corridor shrank 4.5% in 2025, while other Latin American corridors grew, presenting a $112B opportunity for stablecoin firms in LATAM remittances outside of US-Mexico. Bybit reports on the shift in remittance trends. Stablecoin firms can capitalize on this growing market.
- Story from 2020, is bitmex safe or nah?
The 2020 BitMEX case involved a $100M CFTC settlement for operating unregistered derivatives and lacking AML controls. BitMEX implemented KYC, paid the fine, and continued operations without customer fund losses. The article contrasts this with Bybit's 2025 'North Korea' hack, questioning how such incidents shape platform perceptions.
- 2024 Bybit security incident did it change market behavior
In 2024, Bybit experienced a security incident that heightened concerns about exchange risk and fund custody in the crypto market. While the event temporarily impacted market sentiment, the market stabilized over time, raising questions about whether the incident led to lasting changes in trader behavior or self-custody adoption.
- I tried 4 different crypto debit cards over 2 years
The author tested four crypto debit cards over two years (Wirex, Coinbase, Crypto.com, Bybit), ranking them based on real-world performance. While none fully delivered on promised cashback rates, Bybit was rated highest for its straightforward 2% cashback without staking requirements, while Wirex was criticized for poor support and declining rewards.
- almost 1b wiped out of the market only in hacks is actually insane
April 2024 was the worst month for crypto hacks, with over $600 million lost in incidents including major breaches at KelpDAO ($293M) and Drift ($285M). Additional hacks at platforms like Rhea Lend, Grinex, and smaller protocols like CoW Swap and Hyperbridge contributed to cumulative losses, highlighting systemic vulnerabilities in the crypto ecosystem.
- almost 1b wiped out only in hacks is actually insane
April was the worst month for crypto hacks in a long time, with over $1 billion lost across multiple incidents. Major breaches included KelpDAO ($293M) and Drift ($285M), followed by smaller but significant attacks on platforms like Rhea Lend, Grinex, and others including CoW Swap, Hyperbridge, and Bybit.
- Funding rate divergence between exchanges on the same perp i've been obsessing over this for months
The article discusses persistent funding rate discrepancies between exchanges for the same perpetual contracts, such as ETHUSDT on BitMEX and Bybit, which remain unexplained despite similar open interest and mark prices. The author explores potential reasons like regional taker flow, funding formula differences, and execution friction but questions why these gaps persist for days without arbitrage closing them.
- My crypto card got blocked while I was abroad. After that, I tested five more and here’s what actually works
The author recounts their crypto card being blocked by Bybit while in Thailand, leading to a loss of funds. They evaluated five crypto cards (KAST, Bybit, Gnosis Pay, Ready/Argent, Nexo), prioritizing non-custodial solutions and highlighting trade-offs like custodial risks, cashback structures, and on-chain requirements.
- Honest Bybit review 14 months in, some wins some losses
A 14-month review of Bybit highlights quick new listings and a functional mobile app as key positives, but criticizes interface clutter, misleading APY promotions, and a websocket disconnect incident. The user rates it 7/10, finding it suitable for active alt trading but overly complex for simple BTC DCA.
- is bybit safe for a complete beginner in 2026?
A beginner user evaluates Bybit's safety in 2026, comparing it to Coinbase. They highlight Bybit's security features like 2FA, withdrawal whitelisting, and anti-phishing codes, and confirm funds are moved to cold storage (Trezor Safe 3) for safety. They acknowledge Bybit's app complexity but find the core buy/sell interface manageable.
- Honest Bybit review, 14 months in - some wins some L's
A 14-month review of Bybit highlights its fast altcoin listings and reliable mobile app, but criticizes added features like Launchpool and AI assistant for cluttering the interface. The user recommends it for active alt trading but finds it overkill for simple BTC DCA.
- we haven’t seen hack numbers like this in a while and that usually means something uglier is breaking underneath
April 2025 saw $623M lost to crypto hacks, driven by two major exploits: $290M Kelp DAO and $280M Drift. This surpassed the first quarter's total losses and marked the worst month since the February 2025 Bybit breach, signaling systemic vulnerabilities in the industry.
- MiCA's not enough: Bybit CEO says firms need other licenses to turn a profit in Europe
Bybit CEO argues that the Markets in Crypto-Assets (MiCA) regulation alone is insufficient for cryptocurrency firms to achieve profitability in Europe, highlighting the need for additional licenses. The statement underscores challenges in navigating Europe's evolving regulatory landscape for crypto businesses.
- Tons of noise everywhere for the purpose of distraction. Thought some of You would appreciate this. Shout out to the educated and the Hardcore 📢🫡!
Paris Blockchain Week 2026 highlights the convergence of traditional finance and crypto, with infrastructure, regulation, and capital aligning. The event underscores blockchain's integration into economic systems and discussions on AI-driven finance and regulatory frameworks like MiCA.
- Difference between Crypto Debit Card and Crypto Credit Card.
A crypto debit card converts digital assets to local currency for purchases, depleting the crypto balance, while a crypto credit card provides fiat credit backed by stored crypto, allowing users to retain their assets. Examples include Nexo and Bitpay for debit cards, and Kast and Gemini for credit cards.
- Difference between Crypto Debit Card and Crypto Credit Card.
A crypto debit card converts digital assets to local currency at checkout, directly using crypto balances for purchases, while a crypto credit card provides fiat-backed credit without liquidating crypto holdings, allowing users to retain their crypto and its potential gains. Examples of debit cards include Nexo, Wirex, and Bitpay, while credit cards are offered by Kast, Gemini, Bybit, and Orbitx.
- farming airdrops is so over now can farm volume competitions
The article discusses the shift from memecoin farming to trading competitions on centralized and decentralized exchanges as a more profitable strategy. It highlights that major exchanges like Binance, Bybit, and Kucoin are offering substantial prize pools to boost volume, with the memecoin sector's value declining from $150.6 billion in December 2024 to $33.7 billion by April 2026.
- Bybit deposit review
A user reports their Bybit account has been restricted for over three weeks due to a 'deposit review' without clear explanation, seeking information on typical processing times and ways to expedite the process.
- Best crypto credit card for travel purpose ?
A user seeks a crypto credit card for international travel to avoid fiat conversion and foreign transaction fees, considering options like OrbitX, Coinbase, and Gemini after past issues with Bybit and Kast cards.