While the license strengthens Bybit’s position in Europe, the exchange is still grappling with the fallout of a massive February security breach that resulted in $1.4 billion in losses.
Quote
Sources
Bybit earns MiCA license as hackers keep $644M from its $1.4B exploit out of reach
Referenced by
Bybit, in February 2025, suffered a record-breaking $1.5 billion security breach but managed to recover liquidity and restore market confidence within a month
Crypto news
Claim
News event