Ben Zhou: Bybit's hacker bounty platform LazarusBounty releases version 1.1 update

Interview with Bybit's Ben Zhou and Shunyet: An In-depth Analysis of the $1.5 Billion Theft Incident, Rescue Progress and Future Plans

Ben Zhou calls on eXch: Hope to reconsider blocking the outflow of Bybit hacker funds from eXch.

Are Bybit employees Ruby and Zelda suspected of collusion for profit transfer? Ben Zhou stated that a comprehensive internal audit investigation will be launched.

Interview with Bybit CEO BEN ZHOU: How to become the second largest offshore exchange? Talking about strategic transformation, US regulation, and TON ecosystem

Bybit CEO Ben Zhou to Discuss Crypto Market Leadership and Innovations in Upcoming Keynote

Bybit CEO Ben Zhou Discusses Crypto's Impact on Future Finance at Zurich Forum

Bybit CEO Ben Zhou Refutes Insolvency Rumors and Shares Proof of Financial Stability

Ben Zhou Addresses Crypto Regulation As Bybit Celebrates 5-Year Anniversary

Bybit CEO Ben Zhou announced that Byreal, the first on-chain DEX incubated by Bybit, will launch by the end of this month and is built on Solana. Byreal combines CEX-grade liquidity with DeFi-level transparency, featuring a hybrid RFQ + CLMM routing system to offer low-slippage, MEV-resistant trading. Future CEX and DEX joint launch initiatives are also planned. https://t.co/igqoCoGzj8

Wu Shuo learned that Bybit CEO Ben Zhou announced that Bybit's first on-chain DEX project, Byreal, will be launched at the end of this month and deployed on Solana. Byreal combines CEX-level liquidity with DeFi transparency, adopts RFQ + CLMM hybrid routing, and provides a low slippage, MEV-resistant trading experience. In the future, it will also launch CEX and DEX joint issuance projects. https://t.co/A4FF8HX6QV

What do you think of Ben Zhou's latest interview? Leave a comment to share your thoughts! If you found this helpful, I hope to get your likes and reposts for support 🙌🏻https://t.co/rEDh3CuLij

On May 9, 2025, Bybit announced that its registered users have surpassed 70 million. Bybit co-founder and CEO Ben Zhou stated, "We will continue to increase our investment in compliance, build institutional-grade infrastructure, and promote user-centric innovation to ensure that whether traders new to the market or global institutional clients, they can confidently and worry-free step into the financial future." https://t.co/ykpTWKFujg

🔎 Did you know? 😱 About 68.6% of the ~500,000 ETH stolen in the Bybit hack is still trackable, while 27.6% vanished into thin air, and 3.8% got frozen, according to CEO Ben Zhou. The laundering game? Enter Wasabi! 💸 They funneled out 944 BTC worth around $90 million through it. Criminals also turned to mixers like CryptoMixer, Tornado Cash, and Railgun. Some assets even made their way through platforms like THORChain, eXch, Lombard, LI FI, Stargate, and SunSwap. 🧐💰

💬 Bybit's CEO Ben Zhou just shot down rumors that the exchange is charging $1.4 million for token listings! 💸 He even offered to provide proof. This comes after claims surfaced online that Bybit was demanding payment for coin support and pressuring students involved in the Campus Ambassador program through KOLs. Setting the record straight, Bybit clarified their listing requirements include a marketing budget, a security deposit, and an evaluation process. For promotion, they typically ask projects for $200K-$300K in stablecoins. 🤔💰 #CryptoNews #Bybit

🚨 Vietnam x Bybit: Talks Begin to Launch Country’s First Crypto Exchange! 🇻🇳💥 Vietnam’s Finance Minister Nguyen Van Thang met with Bybit CEO Ben Zhou to discuss legal frameworks for digital assets and the creation of Vietnam’s first virtual asset exchange. This landmark meeting signals a major leap forward in the country’s crypto adoption journey. 🧩💼 📍 Key Highlights: ✅ Vietnam welcomes Bybit’s proposal to support training, risk controls, and regulation ✅ Plans to pilot digital asset exchanges in Ho Chi Minh City and Da Nang ✅ Bybit remains transparent post-$1.5B hack: all users reimbursed 💯 ✅ SSI Securities & Bybit discuss blockchain’s future + $200M digital ventures fund ✅ Vietnam ranks 5th in global crypto adoption with 17M+ holders 🌍 🛠️ The country is rapidly building its Web3 future — and Bybit is ready to help shape it. 📢 Will Vietnam lead the next frontier of regulated crypto markets in Asia? Drop your take in the comments — or bet on it now! ⬇️💬 #Bybit #BTC #CryptoExchange #CryptoAdoption #Web3 #DEX 

🚨 Vietnam x Bybit: Talks Begin to Launch Country’s First Crypto Exchange! 🇻🇳💥 Vietnam’s Finance Minister Nguyen Van Thang met with Bybit CEO Ben Zhou to discuss legal frameworks for digital assets and the creation of Vietnam’s first virtual asset exchange. This landmark meeting signals a major leap forward in the country’s crypto adoption journey. 🧩💼 📍 Key Highlights: ✅ Vietnam welcomes Bybit’s proposal to support training, risk controls, and regulation ✅ Plans to pilot digital asset exchanges in Ho Chi Minh City and Da Nang ✅ Bybit remains transparent post-$1.5B hack: all users reimbursed 💯 ✅ SSI Securities & Bybit discuss blockchain’s future + $200M digital ventures fund ✅ Vietnam ranks 5th in global crypto adoption with 17M+ holders 🌍 🛠️ The country is rapidly building its Web3 future — and Bybit is ready to help shape it. 📢 Will Vietnam lead the next frontier of regulated crypto markets in Asia? Drop your take in the comments — or bet on it now! ⬇️💬 #VietnamCrypto #Bybit #BTC #CryptoExchange #CryptoAdoption #Web3 #DEX #BlockchainRegulation #CryptoAsia #CryptoPolicy #Dexsport #DigitalAssets #SSI #CryptoNews 

Term Finance recovers $1 million loss due to oracle misconfiguration, drawing attention to DeFi security risks

Bybit Debuts as Gold Sponsor at TOKEN2049 Dubai Conference, Showcasing Bybit Pay Crypto Payment Application

Who do you know in crypto? [Edition 2] We know Ben Zhou - @benbybit ✅ Ben Zhou is the Co-founder & CEO of Bybit (@Bybit_Official), the popularly known centralized exchange (CEX) with over 100 listed crypto, more than 100 crypto derivative contracts, & a user base exceeding 5 Million registered users 🌍 Learn about his journey into crypto 👇

🤖 Bybit CEO Ben Shares How They're Bringing AI to the Crypto Exchange! Bybit CEO Ben Zhou shares how Bybit is integrating AI technology for user applications and internal operations. He believes that while AI cannot replace human customer service, it has significantly improved exchange operations in terms of efficiency and data. 📌 User Applications: 1️⃣ CryptoLens: An AI-powered project research tool that allows users to comprehensively understand any project, regardless of whether it is listed, including community popularity, fundamentals, social trends, tokenomics, etc., making it a one-stop research platform. 2️⃣ TradeGPT: An AI trading assistant trained with the Bybit database that can quickly provide technical analysis, real-time tool guidance, etc., to improve trading decision-making efficiency. 3️⃣ AI Customer Service Assistant: Bybit has fully implemented AI customer service to handle common inquiries such as KYC status, deposit/withdrawal progress, P2P order status, and card applications. Ben emphasized, "Customers are not here to chat; they want instant information and status updates, and AI efficiently handles these issues." However, he also added that AI can never replace human nature and emotional response, so Bybit still retains human customer service representatives on standby to handle complaints and scenarios that require a "human touch." 📌 In internal operations, Bybit uses AI in various aspects such as product testing, translation, knowledge management, and legal affairs. For example, AI assists a team of hundreds of testers to quickly verify new features, optimize multilingual translation processes, and establish "AiWiki" for new employees to query internal policies and procedures. In addition, AI is also being introduced to assist in drafting contracts, managing projects, and exploring simple code auto-generation.

Bybit CEO: Exchange AI Use Cases Revealed, Offering 3 Major Customer Tools and 6 Internal Use Cases Bybit CEO Ben Zhou @benbybit posted on the X platform, stating, "Using Bybit and customer-related matters as examples, specific cases of integration between cryptocurrency exchanges and #AI include: 1. CryptoLens: An AI-driven comprehensive deep analysis tool that allows users to understand any project they want to learn about. It can provide analysis on community, fundamentals, social trends, tokenomics, and more, making it almost a one-stop tool; 2. Tradegpt: An AI agent trained on the Bybit database that can offer users technical analysis on prices and quick access to Bybit platform tools; 3. AI Support Agent: Bybit has now fully integrated AI support agents to help our customer support team directly answer customer questions. I don't believe AI agents can replace humans, as many customers just want to talk to a person, especially when filing complaints, where there are many emotional factors that robots cannot handle. The key to making AI agents smarter is to provide them with the right access and security verification tools to be able to answer these questions. Additionally, AI tools used internally at Bybit include: - AItest: Used by the testing and quality control team for instance testing; - AITranslation: Extensively used by the translation team to assist with translations; - AiWiki: Internal training Byseek system, Bybit's internal Wikipedia; - OSOP: Internal operations project management platform for managing all activities and product offerings; - AiLegal: Assists the legal team in drafting legal templates, handling master loan agreements, borrowing, and other matters; - Aicoding: Helps the team write basic-level code."

According to CEO Ben Zhou, 27% of the funds hacked from Bybit have "gone dark" after flowing through mixers and bridges. https://t.co/nVBoJRoyQW

Exclusive Interview with Bybit Founder Ben Zhou: Overcoming the Hacker Crisis and Committed to Building a "One-Stop Asset Management Platform for the Crypto World" In February this year, Bybit experienced a hacker attack, with nearly $1.4 billion stolen, marking one of the largest security incidents in the history of the crypto industry. In response to the sudden crisis, founder @benbybit promptly addressed the public, and within an hour, he started a live broadcast to reassure the community, coordinated the team to patch vulnerabilities, and restructured the security architecture, demonstrating strong decisiveness and execution. At the CCCC Content Creator Conference hosted by @Bybit_ZH in Bali, PANews Editor-in-Chief @tongtongbee conducted an exclusive interview with Ben. Ben recalled, "Since studying abroad alone at the age of 12, I learned to quickly and calmly handle pressure without relying on others." After the incident, he personally took on the role of CTO, driving security from a closed to an open governance model, completing over 50 upgrades. "True security is not about self-isolation but about accepting external scrutiny." In addition to crisis management, Bybit is also driving structural evolution against the trend. Internally, they promote high-performance-driven, results-oriented efforts, earning the reputation of "the Whampoa Military Academy of exchanges." Ben stated, "We are building a team that goes all out and has strong execution. As long as you want to do it, we will provide you with resources to help you achieve the best." In terms of business layout, Bybit remains the second largest globally in the derivatives track while accelerating product diversification: spot gold, forex copy trading, Bybit Pay integration with the Latin American payment system, and continuously exploring the potential combination of CEX and traditional finance. The platform's trading volume once exceeded $107 billion, and the RPI mechanism is considered a key weapon for liquidity recovery after the hacker incident. More notably, Bybit is one of the few centralized exchanges that proactively abandoned the Web3 wallet business. Ben's judgment is clear: "Wallets are not the entry point to Web3, DApps are." He believes that instead of attracting short-term traffic through "yield farming," the truly valuable long-term goal is to build a one-stop asset management platform covering crypto, precious metals, U.S. stocks, and other asset classes. In terms of global expansion, Bybit has obtained a regulatory license in the UAE, reapplied for a Hong Kong license, is actively advancing MiCAR compliance, preparing to re-enter the European market, and is also evaluating the timing to enter the U.S. market. From security reconstruction to business expansion, from organizational culture to strategic transformation, Bybit, under Ben Zhou's leadership, is navigating the bear market turbulence and exploring the new definition of the next-generation exchange. As Ben said, "Being a super app in the crypto world is not about doing everything, but about doing the right things and doing them best."

Wu's Daily Selected Cryptocurrency News + This Week's Macroeconomic Indicators

What happened in the blockchain space over the weekend? 🚨Bybit CEO Ben Zhou (@benbybit) reported that after a $1.4 billion hack attributed to North Korea's Lazarus Group, 68.6% of the stolen funds remain traceable, while 27.6% have become untraceable, likely moved through mixers & bridges 🌁 🚨Dogecoin Community (@dogecoin) celebrates 'Dogeday' 🎉 Dogecoin holders celebrated "Dogeday" on April 20, anticipating potential approval of Dogecoin ETF applications by the U.S. SEC. Read more in the wikis below 👇

Digital Asset Update: MANTRA Founder Burns OM Tokens, Strategy Acquires Over 6,000 Bitcoins, 28% of Bybit Stolen Funds Untraceable

#Bybit Breach Breakdown 🔹The #Lazarus Group pulled off one of the largest #Crypto hacks in history, stealing around 500,000 $ETH. 🔹CEO #BenZhou revealed that most of the $1.4B stolen by the group was laundered through mixers and OTC platforms, with only 68.57% traceable and 3.84% frozen. #CoinPedia #CryptoNews #Blockchain #CryptoMarket

SoSo Daily Apr 21 | Vitalik Buterin proposed replacing the Ethereum EVM with RISC-V to enhance scalability.

🚨LATEST: Bybit CEO Ben Zhou posted an update on hacked funds. • Of $1.4B in stolen crypto, 68.57% remains traceable, 27.59% has gone dark, 3.84% frozen. • Most untraceable funds flowed into mixers then through bridges to P2P/OTC platforms. • 432,748 ETH ($1.21B) moved from Ethereum to BTC via Thorchain • 67.25% has been converted into BTC (10,003 BTC across 35,772 wallets) • 1.17% remains on the Ethereum blockchain (5,991 ETH across 12,490 wallets) • 944 BTC ($90.62M) went through Wasabi mixer • 531 BTC (18,206 ETH) has been transferred from BTC to Ethereum via Thorchain. • Bounties needed: Only 70 of 5,443 reports were valid 

🚨UPDATE: BYBIT CEO, BEN ZHOU, UPDATES ON $1.4B HACK: 68.57% OF STOLEN FUNDS TRACEABLE, 27.59% GONE DARK, 3.84% FROZEN

Bybit CEO Reveals: $1.4 Billion in Funds Stolen by Hackers, 68.57% Still Traceable According to Bybit CEO Ben Zhou, approximately 500,000 ETH (worth $1.4 billion) were stolen by hackers, of which 68.57% are still traceable, 3.84% have been frozen, and 27.59% are "missing." Most of the untraced assets flowed into P2P and OTC platforms through mixers such as Wasabi and Tornado Cash. Approximately 84.45% of the ETH has been exchanged for BTC via Thorchain. In the past 60 days, Bybit has received 5,443 bounty reports, of which 70 were valid.

🚨27.59% of Stolen Funds from Bybit Are Untraceable, 68.57% Still Traceable Bybit @Bybit_Official CEO Ben Zhou @benbybit has released the latest executive summary regarding the fund theft incident on March 20th: The total amount of stolen funds reached $1.4 billion (approximately 500,000 ETH). Of this, 68.57% is still traceable, 27.59% is untraceable, and 3.84% has been frozen. Fund Flow Analysis: The untraceable funds mainly flowed to mixers and then were transferred to P2P and over-the-counter (OTC) trading platforms via cross-chain bridges. Recent observations indicate that the North Korean hacking group (DPRK) primarily uses the Wasabi mixer. After being laundered by Wasabi, a small amount of #BTC is transferred to CryptoMixer, Tornado Cash, and Railgun, and subsequently exchanged via cross-chain platforms such as Thorchain, eXch, Lombard, LiFi, Stargate, and SunSwap. Ultimately, the funds enter over-the-counter (OTC) or peer-to-peer (P2P) fiat currency exchange services. ETH Destination: 432,748 ETH (84.45%, approximately $1.21 billion) was transferred from Ethereum to BTC via Thorchain. Among them, 67.25% (342,975 ETH, approximately $960 million) was exchanged for 10,003 BTC, dispersed across 35,772 wallets (averaging 0.28 BTC per wallet); 1.17% (5,991 ETH, approximately $16.77 million) remains on the Ethereum chain in 12,490 wallets (averaging 0.48 ETH per wallet). BTC Destination: 944 BTC (6.34%, approximately $90.62 million) entered the Wasabi mixer; 531 BTC (equivalent to 18,206 ETH, 3.57%) was transferred back to Ethereum from the BTC chain via Thorchain. 5,443 reports have been received in the past 60 days, with 70 being valid. There is a call for more bounty hunters who can crack mixers to join.

Wu Shuo learned that Bybit CEO Ben Zhou released a briefing on the tracking of stolen funds. The total amount of stolen crypto assets is approximately $1.4 billion (approximately 500,000 ETH), of which 68.57% is still traceable, 27.59% has been "de-linked" and cannot be traced, and 3.84% has been frozen. Most of the untraceable funds flowed into crypto mixers, and then flowed to P2P and OTC platforms through cross-chain bridges. On-chain data shows that approximately 432,748 ETH (accounting for 84.45%, approximately $1.21 billion) has been transferred to the Bitcoin chain through Thorchain, of which approximately 67.25% has been converted into 10,003 BTC, scattered in 35,772 addresses, and only approximately 1.17% of ETH remains on the Ethereum network. In addition, 944 BTC has flowed into Wasabi Mixer, and 531 BTC has been transferred back to the Ethereum network through Thorchain. https://t.co/sRgszczIcs

Wu Shuo learned that Bybit CEO Ben Zhou posted that the meeting with the Vietnamese Minister of Finance, Chairman of the State Securities Commission, and Minister of Foreign Trade was successful. The Vietnamese Minister of Finance elaborated on the goals of the new crypto framework, which aims to protect users and embrace blockchain technology, specifically mentioning Bybit's transparency and responsibility to users in handling hacking incidents. Bybit has pledged to assist the Vietnamese Ministry of Finance in advancing the new sandbox framework. https://t.co/Y4qrxlCvaM

Bybit CEO Meets with Vietnamese Minister: New Crypto Framework Focuses on User Protection, Aiding Sandbox Framework Development

Vietnam's Minister of Finance Meets with Bybit CEO to Support Cryptocurrency Regulatory Sandbox

According to Vietnam Investment Review, Bybit CEO Ben Zhou met with the Vietnamese Minister of Finance on April 17. The Vietnamese Ministry of Finance plans to submit a pilot plan for a crypto trading platform in May. Bybit expressed its willingness to provide technical and risk control support and participate in the regulatory sandbox mechanism. https://t.co/bVbRb3uSv8

According to Vietnam Investment Review, Bybit CEO Ben Zhou met with the Vietnamese Minister of Finance on April 17 to discuss digital asset regulatory cooperation. The Vietnamese Ministry of Finance plans to submit a pilot program for crypto trading platforms in May, and Bybit has expressed its willingness to provide technical and risk control support, as well as participate in the regulatory sandbox mechanism. The Ministry of Finance has instructed the State Securities Commission to further coordinate with them. https://t.co/vaVyn2mf9H

Bybit Meets with the Vietnamese Ministry of Finance to Discuss Collaboration on Digital Asset Regulation