Bybit, the world's second-largest cryptocurrency exchange based in Dubai, places a high priority on its security and transparency. CEO Ben Zhou has denied reports of a $1.5 billion security breach, assuring customers that their assets are fully protected.
Among the plans to improve security and transparency, Bybit has introduced a proof-of-stake page to verify the backing of customer assets and increase transparency.
Additionally, Bybit has implemented stricter restrictions for users who do not complete KYC in an effort to protect customer interests and comply with regulations.
Bybit places great importance on customer security and trust, and continues to implement initiatives to enhance security and transparency.