Bybit | Crypto

Bybit has received regulatory approval under the EU's MiCA framework and has opened its European headquarters in Vienna. Bybit has obtained a Markets in Crypto-Assets Regulation (MiCA) license from Austria’s Financial Market Authority (FMA), allowing the exchange to expand into the European market. The approval allows Bybit EU, registered under commercial number 636180i, to operate as a regulated crypto asset service provider (CASP) and extend its services across all 29 European Economic Area member states. As part of its expansion, Bybit has officially established its European headquarters in Vienna, Austria, according to a May 29 news release shared with Cointelegraph. Read more

ETH leads Majors, SOL ETFs Delayed, Bybit allows Stock Trading FOMO HOUR EP361 BTC pulls back from 106k, ETH leads majors. BTC becomes 6th most valuable asset in the world. BTC ETF inflows surge as basis trade nears 9%. SEC delays SOL ETFs, cites various issues. AAVE leads altcoins as TVL breaks $30bn. Bybit allows users to trade top stocks with USDT. GENIUS Act moves to full vote in senate. Strategy buys $765m more BTC. Lawsuit alleging deception filed against Strategy. DigiAsia to raise $100m to buy BTC. JPM will not hold BTC in custody: Dimon. Cramer recommends BTC as a hedge for US debt. DoJ investigating Coinbase on data theft. Circle shopping itself to Coinbase and Ripple pre-IPO. SOL made up 50%+ of all L1 revenue in past week. Alpenglow to bring 100x latency improvement to SOL. Dorsey wants BTC to be valued in Satoshis. Revolut to invest EUR 1b in France. Binance seeks to dismiss $1.7bn FTX lawsuit. FOMO HOUR brings you the biggest daily news, updates and events from inside and outside of the crypto a...

The $38 million crypto seizure from Bybit hack-linked eXch was the third-largest crypto confiscation in the history of Germany’s federal criminal police. German law enforcement seized 34 million euros ($38 million) in cryptocurrency from eXch, a cryptocurrency platform allegedly used to launder funds stolen after Bybit’s record-breaking $1.4 billion hack. The seizure, announced on May 9 by Germany’s Federal Criminal Police Office (BKA) and Frankfurt’s main prosecutor’s office, involved multiple crypto assets, including Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and Dash (DASH). The move marks the third-largest crypto confiscation in the BKA’s history. The authorities also seized eXch’s German server infrastructure with over eight terabytes of data and shut down the platform, the announcement added. Read more

Bybit is the second-largest cryptocurrency exchange by trading volume in the world, behind only the Binance exchange. The Bybit exchange has recovered its liquidity to pre-hack levels just 30 days following the February 2025 attack that drained nearly $1.5 billion in funds. According to a report from crypto research and analytics firm Kaiko, Bitcoin's (BTC) 1% market depth, a measure of liquidity, returned to pre-hack levels of around $13 million per day in March 2025. Altcoin liquidity levels on the exchange have been slower to recover than Bitcoin but have rebounded to around 80% of the pre-hack levels. The authors of the Kaiko report added: Read more