Reports say Binance and Bybit temporarily halted withdrawals during a sharp crypto market sell-off on Feb 5, 2026. The pauses were reported as markets plunged, raising concerns about access to funds for traders.
Bybit has launched a Mastercard-powered payment card in Georgia, allowing residents to spend digital assets at any merchant that accepts Mastercard. The rollout, announced 29 Jan 2026, aims to simplify crypto-to-fiat spending for local users.
Bybit will roll out “My Bank” retail accounts in February, offering personal IBANs, instant fiat access, multi-currency transfers and the ability to trade crypto under users' own names. The offering folds traditional banking features into the exchange experience, improving fiat on- and off-ramps for retail customers.
Crypto losses fell to $76 million in December, down 60% from November, but the month still featured major incidents — including a $50 million address‑poisoning scam and the fallout from Bybit’s $1.4 billion hack. The events underscore persistent concentration and custody risks in crypto markets.
Bybit will gradually discontinue services for users in Japan beginning in 2026, following an earlier halt to new registrations. The move comes amid continued regulatory pressure on crypto platforms in the country.
Chainalysis reports North Korea–linked groups stole roughly $2 billion in crypto in 2025, continuing a shift toward fewer but larger attacks. The pattern echoes 2024’s $1.4 billion Bybit breach and increases pressure on exchanges and regulators.
Belarus has restored online access to major crypto exchanges including Bybit and Bitget after briefly blacklisting their sites over advertising practices. The reversal comes days after the platforms were added to the national list of prohibited online resources.
Belarusian regulators have banned major exchanges Bybit, OKX and KuCoin for failing to meet national advertising standards, citing 'indecent' promotional content. The move tightens oversight and could restrict local access to those platforms.
UAE-licensed exchange Bybit announced a strategic partnership with Circle to strengthen USDC liquidity and deliver regulatory-compliant digital asset services worldwide. The move is designed to broaden USDC’s reach and accessibility across global markets.
VeChain said on X that Bybit's allegation of a secret freeze or 'kill switch' in the network is false, clarifying a 2019 blocklist was never intended as a hidden control. The statement was published through VeChain's official account on Nov. 14, 2025.