Bybit Detects and Blocks Coordinated Fake Deposit Attacks, Preventing Over $1 Billion DOT in Potential Losses

DUBAI, UAE, April 8, 2026 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, today announced that its Group Risk Control team detected and blocked a series of coordinated fake deposit attacks across multiple blockchain networks, preventing potential losses exceeding 1 billion DOT. All attempts were identified and neutralized in real time. No funds were incorrectly credited, and no users were affected.