Bybit Shrugs Off Historic Hack!

Here's what we've got for you today:

• Bybit Stages Strong Comeback Following Historic $1.5B Hack

• Metaplanet Shares Drop 4% After Announcing $137M Bitcoin Buy

• Coinbase Integrates Jupiter to Expand On-chain Solana Trading

• KuCoin Unveils Strategic Partnership With Cycling Superstar Tadej Pogacar

🏆️ Bybit Stages Strong Comeback Following Historic $1.5B Hack

Bybit ranked second globally by trading volume in 2025, despite suffering the largest crypto hack in history.

• Bybit staged a strong recovery in 2025, and ranked second globally by trading volume with roughly $1.5 trillion processed, despite suffering the largest crypto hack on record earlier in the year.

• The February 2025 hack resulted in the loss of around $1.5 billion in Ethereum and was linked to North Korean hackers.

• Bybit’s response set it apart from most hacked platforms. Withdrawals remained open, all user transactions were honored, communication stayed transparent, and CEO Ben Zhou publicly reassured users while securing external liquidity to cover losses.

📉 Metaplanet Shares Drop 4% After Announcing $137M Bitcoin Buy

Metaplanet detailed a 21 billion yen private capital raise using new shares and fixed-price warrants, giving investors upside exposure while balancing dilution risk.

• Metaplanet plans to raise up to 21 billion yen (about $137 million) through a private placement, issuing 24.53 million new shares at 499 yen each, a roughly 5% premium to the prior close, generating about 12.24 billion yen upfront.

• The deal includes 0.65 stock acquisition rights per share, creating up to 15.94 million potential additional shares via warrants with a fixed exercise price of 547 yen and a one-year exercise window.

• Full warrant exercise would add around 8.9 billion yen, bringing total proceeds close to the 21 billion yen target.

📣 Coinbase Integrates Jupiter to Expand On-chain Solana Trading

Coinbase integrated Jupiter to enable on-chain trading of Solana-native tokens.

• Coinbase integrated Jupiter into its trading infrastructure, making it possible for users to trade a wide range of Solana-native tokens directly in the Coinbase app using on-chain liquidity.

• The integration bypasses traditional exchange listings and centralized order books, giving users faster access to Solana ecosystem assets while using existing Coinbase balances and payment methods.

• The move combines centralized app convenience with self-custodial, on-chain execution, and forms part of an industry shift toward on-chain routing.

🚲️ KuCoin Unveils Strategic Partnership With Cycling Superstar Tadej Pogacar

KuCoin partnered with Tour de France champion Tadej Pogačar in a value-driven collaboration focused on trust, performance, and disciplined risk management.

• KuCoin announced a strategic partnership with elite cyclist Tadej Pogačar in a value-driven alignment rather than a conventional sponsorship.

• Unveiled in Vienna under the theme “Trust, Proven by Performance,” the partnership places a lot of emphasis on shared principles between high-performance cycling and responsible digital finance innovation.

• Pogačar explained that trust in elite cycling is built through preparation, consistency, and disciplined decision-making under pressure, values he said closely mirror KuCoin’s approach to security and risk management.

👀 QUICK NEWS

• President Trump to Meet Crypto and Banking Titans to Push the Landmark Digital Asset Bill on Monday

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• UAE Approves First USD-Pegged Stablecoin Under Central Bank Framework

• Bitcoin Crashes Below $85K as Gold and Stocks Take the Lead

• MSFT Stock Forecast: 12% Crash Amid AI Cash Burn

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