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Bybit confirms operations unaffected amid security reports across crypto platforms

Bybit announced that its trading and withdrawals remain fully operational and user assets are secure following social media reports of a security incident affecting multiple platforms.

Screenshot of an official social media post by Bybit titled Security Update stating the platform is unaffected by security reports.
Image: @SolanaFloor

Cryptocurrency exchange Bybit confirmed it is unaffected after reports circulated on social media concerning a security incident impacting multiple platforms, according to a security update issued by the exchange. Bybit stated that its systems are operating normally, with trading and withdrawals remaining accessible and user funds secure.[2][3]

In its post, Bybit stated that it is monitoring ongoing developments closely. The exchange also urged users to rely strictly on official Bybit communication channels for verified information and to stay alert against phishing attempts and online misinformation.[2]

Outlets including Cointelegraph, SolanaFloor, and Crypto Briefing reported the statement, noting that Bybit preserved regular operations and platform stability while security concerns surfaced across other industry venues.[1][2][3]

Key facts

  • Bybit stated it is unaffected by social media reports of a security incident affecting multiple platforms.
  • The exchange confirmed its systems, trading services, and withdrawal operations remain functional and normal.
  • Bybit reported that user assets remain secure.
  • Bybit advised users to monitor official channels and stay cautious regarding misinformation and phishing attempts.

Sources · 3 sources

  1. CB

    Crypto BriefingArticle ·

    Bybit says trading and withdrawals unaffected as security scares hit other platforms Bybit's stability amid security scares highlights the importance of robust security measures and centralized control in crisis management. The post Bybit says trading and withdrawals unaffected as security scares hit other platforms appeared first on Crypto Briefing .

    Open source
  2. SO

    SolanaFloor@SolanaFloorPost on X ·

    NEW: @Bybit_Official says it is unaffected by reports of a security incident involving multiple platforms. Trading and withdrawals are operating normally, and the exchange says user assets are secure. https://t.co/2AqVpCj6hz

    Open source
  3. CO

    Cointelegraph@CointelegraphPost on X ·

    🚨 NOW: Bybit confirms it is unaffected by the reported security incidents, with trading and withdrawals operating normally and user funds secure. https://t.co/CUoNwhLKCQ

    Open source