Mantle (MNT) Soars to New Heights: Can Bybit Traders Capitalize on the $3.15 Breakout?
Mantle (MNT) has skyrocketed to an all-time high of $2.85, delivering a staggering 20.13% gain in just 24 hours and a 44% weekly surge. With its market cap now at $8.99 billion and trading volume hitting $817 million, the project is gaining significant traction. Institutional interest is spiking following Mantle's launch of a compliance-friendly RWA tokenization platform at Token2049, alongside the addition of $2.6 billion in liquidity via its USD1 stablecoin. As the crypto community eyes the $3.15 milestone, Bybit traders are poised to leverage this momentum. Will MNT's bullish momentum hold, or is a correction on the horizon? Dive into the details below.
Mantle Price Rockets to ATH, Can it Hit $3.15?
Mantle (MNT) has surged to a new all-time high of $2.85, marking a 20.13% gain in the past 24 hours and a 44% weekly increase. The rally has propelled its market capitalization to $8.99 billion, fueled by $817 million in trading volume.
Institutional interest is mounting following Mantle's launch of a compliance-friendly RWA tokenization platform at Token2049. The project's USD1 stablecoin has added $2.6 billion in liquidity, expanding its DeFi footprint.
Bybit's integration of MNT has significantly boosted trading activity, with volume jumping from $125 million to $612 million. Derivatives interest spiked 26% in a single day as the token gained utility across trading pairs and collateral options.
North Korea-Linked Crypto Thefts Surpass $2B in 2025, Experts Recommend Mutuum Finance as Safe Haven
North Korean hackers have orchestrated over 30 cryptocurrency thefts in 2025, stealing a record $2 billion—tripling their 2024 haul. The attacks now fund nearly half of the regime's missile program, accounting for 13% of the country's GDP.
A $1.46 billion ethereum heist from Bybit's cold wallets in February marked the year's largest breach. Blockchain analysts warn stolen funds are being actively laundered, causing market volatility as investors flee compromised assets.
Amid the chaos, security experts spotlight Mutuum Finance (MUTM) as a structurally secure altcoin. The recommendation comes as social engineering attacks—dubbed "TraderTraitor" by the FBI—displace technical exploits as hackers' primary tactic.
Bybit Secures Full Virtual Asset License in UAE, Expanding Regional Operations
Bybit has become the first cryptocurrency exchange to obtain a full Virtual Asset Platform Operator License from the UAE's Securities and Commodities Authority. The license allows Bybit to offer trading, custody, and fiat conversion services across the Emirates, marking a significant regulatory milestone.
The Dubai-based exchange plans to establish a regional hub in Abu Dhabi, hiring over 500 employees and expanding compliance and customer service operations. This follows Bybit's provisional approval under the VARA framework earlier this year.
Regulatory clarity in the UAE continues to attract major crypto players, with Bybit's SCA license covering broader jurisdiction than Dubai-specific VARA approvals. The exchange's expansion signals growing institutional adoption in Middle Eastern markets.
Bybit Secures UAE's First Full Crypto Exchange License
Bybit, the world's second-largest cryptocurrency exchange by trading volume, has obtained the first full VIRTUAL Asset Platform Operator License in the United Arab Emirates. The regulatory approval from the Securities and Commodities Authority marks a significant milestone for the platform.
The license follows an initial In-Principle Approval granted in February 2025. Bybit's compliance with stringent security, transparency, and operational requirements underscores its commitment to regulatory standards. "This recognition highlights our governance strength in a jurisdiction emerging as a global leader in digital asset regulation," said CEO Ben Zhou.
