
Bybit
Dubai-based cryptocurrency exchange

Dubai-based cryptocurrency exchange
Bybit is a Dubai-based cryptocurrency exchange that was originally founded in China. The platform has faced regulatory warnings in several jurisdictions. In February 2025, the exchange was hacked resulting in the loss of $1.5 billion in assets. This marked the largest cryptocurrency theft on record until the $6.3 billion hack of Binance in October 2026.
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