Bybit, the world’s second-largest cryptocurrency exchange by trading volume, announced the launch of Bybit IPO Express. The platform has become one of the first centralised crypto exchanges in the world to offer tokenised IPOs, or initial public offerings, at the offering price, the company said.

Bybit has added support for USDPT, Western Union’s dollar stablecoin. For the payments company, this is the token’s first appearance on a major crypto exchange, where it can be held, transferred and used in trading.

In May, crypto exchanges Binance and Bybit will carry out major delistings affecting multiple cryptocurrency trading pairs and tokens. On May 8, 2026, Binance will remove the following 12 spot trading pairs: AVA/$BTC, BCH/$BNB, CFX/$BTC, ENA/$BTC, HBAR/$FDUSD, LA/$BNB, MAGIC/$BTC, OP/$BTC, PUNDIX/USDC, STEEM/ETH, WIN/TRX, and XPL/$FDUSD.

Cryptocurrency exchange Bybit stated that its Group Risk Control team detected and blocked a series of coordinated fake deposit attacks across multiple blockchains. Potential losses were estimated at more than 1 billion DOT (approximately $1.3 billion at the time of writing). All incidents were neutralized in real time — no erroneous fund credits were recorded.

Cryptocurrency exchange Bybit has started blocking accounts of users from Russia. The restrictions affected around ten addresses holding a total of more than 50 million rubles. The largest blocked account contains over 500,000 USDT.

In an official statement, the platform announced the start of sending notifications to users whom the system has identified as residents of Japan. The notice states that services for Japanese users will be discontinued, and starting in 2026, phased restrictions on access to accounts and exchange services will be applied to them.

A new report from Bybit’s Lazarus Security Lab showed that many major blockchains are not fully decentralized and trustworthy. According to the analysis, 16 leading blockchains, including Ethereum (ETH), Solana (SOL), BNB Chain (BNB), and Polygon (POL), contain code that allows developers or governing bodies to freeze users’ funds.

Trading platform Bybit is reportedly considering the acquisition of Korbit, the fourth-largest cryptocurrency exchange in South Korea. Several sources, including South Korean outlet Maeil Business, claim that representatives of the company have met with Korbit’s management to initiate the acquisition process.

The world’s second-largest cryptocurrency exchange by trading volume, Bybit, announced that starting October 31, it will suspend new user registrations in Japan to align with new regulations introduced by the country’s Financial Services Agency (FSA).

Crypto exchange Bybit has entered into an agreement with Tether, the issuer of the USDT stablecoin, to promote cryptocurrency adoption in Brazil.

Exchanges

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has formed a strategic partnership with Tether to accelerate cryptocurrency adoption in Brazil through institutional collaboration, event sponsorships, and educational initiatives.

Exchanges

According to TokenInsight, trading platforms Binance, OKX, Bybit, and Bitget were the market leaders among crypto exchanges in the second quarter of 2025. The total trading volume on the 10 largest exchanges reached $21.6 trillion, which is 6.16% lower than in the first quarter.