Bybit, a leading cryptocurrency exchange, is broadening its trading portfolio to include U.S. stocks and commodities, aiming to appeal to a wider investor base.
Crypto exchange Bybit revealed on Friday that it fell victim to a "sophisticated attack," resulting in the theft of Ethereum (ETH) valued at $1.4 billion from one of its offline wallets.
Bybit has hit over 30 million registered users globally expanding its market share in spot trading from 2% in 2023 to more than 12% in 2024.