Bybit says AI saved $700 million a year after its $1.46 billion hack loss

Bybit says artificial intelligence helped it save $700 million, one year after the exchange lost $1.46 billion to North Korean hackers. According to CoinDesk, the claim matters because it is the first time a large centralized firm has attached a specific figure to an argument that bitcoin developers have been making throughout the month. The report frames Bybit’s number as a concrete benchmark in a debate that, until now, had largely been discussed without a disclosed amount from a major centralized company. The exchange’s statement links a $700 million saving to AI, while the earlier loss tied to North Korean hackers remains the reference point for the scale of the claim.