Dubai, UAE, February 27th, 2026, Chainwire
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today revealed the comprehensive results of its 2025 Security Initiative. Bybit implemented a multi-layered defense architecture that protected thousands of users and set a new benchmark for proactive security in digital assets. In 2025, $17 billion in cryptocurrency was lost to scams and frauds, according to Chainalysis.
Redefining Industry Standards: The Triple-Tier Withdrawal Fraud Defense Framework
To move beyond reacting to scams after losses occur, Bybit pioneered a Dynamic Risk-Based protection system that intervenes before funds are lost. The system categorizes potential scam scenarios into three risk tiers, each triggering a tailored response to protect withdrawals while preserving normal platform activity.
Tier 1: Early Warning (Low Risk)
Using big-data heuristics to spot unusual patterns—such as mass withdrawals to a single new address—Bybit deploys automated surveys and preemptively blacklists dangerous destinations.
Tier 2: Real-time Alert (Medium Risk)
For accounts flagged by credential-stuffing databases (cross-referencing leaked credentials) or suspicious withdrawal addresses, Bybit issues real-time alerts during withdrawal to prompt users to pause and review, countering social-engineering tactics that exploit urgency.
Tier 3: Immediate Blocking and Cooling-off (High Risk)
For wallet addresses linked to confirmed scams, including “pig butchering” schemes, Bybit enforces real-time withdrawal blocking and a mandatory one-hour cooling-off period, giving users time to verify transactions.
2025 Impact & Key Metrics: By the Numbers
Measures implemented in Q4 2025 delivered significant user protection:
– Scam Recovery & Prevention in Q4: Of $500 million in flagged withdrawals, Bybit intercepted and recovered $300 million, protecting the savings of over 4,000 users.
– AI-Driven Detection in Q4: Proprietary AI identified 350 high-risk investment fraud addresses via on-chain data, shielding 8,000 users from potential losses.
– Infrastructure Resilience in 2025: The platform thwarted over 3 million credential-stuffing (account takeover) attempts.
– On-Chain Vigilance in Q4: The system auto-labeled 350 addresses and manually tagged 600 through ticket operations, averting $1 million in imminent fraud losses.
A Collaborative Fortress: Industry & Government Synergy
Bybit views security as a collective responsibility. The 2025 strategy emphasized External Intelligence Integration and collaboration across the ecosystem.
“Our mission in 2025 was to transform risk control from a ‘silent shield’ into an active, intelligent guardian,” said David Zong, Head of Group Risk Control at Bybit. “By integrating AI-driven on-chain monitoring with real-time intelligence from partners like TRM, Elliptic and Chainalysis, we not only protect Bybit users but also help map the DNA of fraudulent networks. We are sharing these standardized monitoring clues across the ecosystem because a safer industry for one is a safer industry for all.”
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users. Founded in 2018, Bybit aims to create a simpler, open and equal ecosystem. With a focus on Web3, Bybit partners with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges TradFi and DeFi, empowering builders, creators, and enthusiasts. Discover more at https://bybit.com/
For more details about Bybit, please visit https://www.bybit.com/en/press
For media inquiries, please contact: [email protected]
For updates, follow Bybit’s Communities and Social Media: https://www.bybit.com/en-us/promo/global/communities/
Contact
Head of PR
Tony Au
Bybit
[email protected]