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

Event date

February 28, 2025

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The regulatory win comes after Bybit suffered a massive breach in February 2025. The attack led to the loss of $1.5 billion in assets, making it the largest crypto theft on record.

In February 2025, the exchange was hacked resulting in the loss of $1.5 billion in assets in the largest cryptocurrency theft on record.

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.

Despite facing a major setback earlier in the year with a $1.5 billion security breach, Bybit has demonstrated resilience by regaining market confidence and recovering liquidity within just 30 days.

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Week 09 of 2025