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How Bybit Blocked $1B Fake Deposit Scam in Real Time

Bybit blocked coordinated fake deposit attacks, preventing over 1 billion DOT in potential losses across multiple blockchains. Attackers used batch and multi-step transactions to simulate deposits without real balance changes. Bybit’s multi-layer validation system detected and stopped all attacks in real time with no user impact. Bybit, the world’s second-largest...