A year after losing $1.46 billion, Bybit says AI helped it save $700 million

The exchange that lost $1.46 billion to North Korean hackers is the first large centralized firm to put numbers on a claim bitcoin developers have been making all month.

• Bybit says AI-assisted security tools now uncover high-severity vulnerabilities as much as five times more often than manual review and have cut testing timelines from weeks to hours.
• The exchange, still recovering from a record $1.46 billion hack attributed to North Korea’s Lazarus Group, said AI systems scanned nearly 1,500 assets, processed over 100,000 alerts and helped block more than $700 million in potential losses.
• The claims, which cannot be independently verified, highlight how well-funded firms are using AI to tilt a fast-moving security arms race in defenders’ favor, even as human judgment remains central to key decisions.

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The Definitive Stablecoin Landscape Series: Asia Pacific

As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

Why it matters :

As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

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Disclaimer: This article is for information only and does not constitute investment advice. Digital assets involve substantial risk.