Bybit’s Strategic 2025 European Expansion: MiCA Compliance Meets Global Liquidity

Bybit EU has solidified its position as a key player in Europe's cryptocurrency market with the successful launch of its Vienna-based platform. The exchange uniquely combines MiCA regulatory compliance with access to deep global liquidity pools, offering both institutional and retail traders unparalleled market access. As of August 2025, Bybit continues to demonstrate strong performance, with its spot volumes ranking among the highest in the industry and its derivatives trading dominating with exceptional order book depth.

Bybit's 2025 European Expansion: MiCA Compliance and Liquidity Integration

Bybit EU has emerged as a pivotal player in Europe's crypto landscape following its Vienna-based platform launch. The exchange now merges MiCA regulatory compliance with deep global liquidity pools—a dual advantage for institutional and retail traders seeking robust market access.

Spot volumes consistently rank among the industry's highest, while derivatives trading dominates with exceptional order book depth. Third-party analytics confirm Bybit's ascent since 2024, positioning it firmly within the top tier of crypto exchanges.

Transparency measures include regular Proof-of-Reserves audits under MiCA's stringent framework. This operational rigor, combined with cross-border liquidity bridges, creates a compelling value proposition for EEA traders navigating the regulated digital asset era.

Arkham Uncovers $3.5B Bitcoin Heist from Chinese Mining Pool Lubian

A previously undisclosed Bitcoin theft from late 2020 has emerged as the largest crypto hack in history. Blockchain intelligence firm Arkham revealed that 127,000 BTC—worth $3.5 billion at the time—was stolen from Chinese mining pool Lubian on December 28, 2020. The breach went undetected for over four years, surpassing even the recent $1.5 billion Bybit incident.

Lubian, once a top-10 bitcoin mining pool controlling 6% of global hash rate, abruptly shuttered in early 2021. While initial speculation pointed to regulatory crackdowns in China and Iran, Arkham's analysis suggests the collapse stemmed from catastrophic security failures in private key generation.

The silent aftermath proves most striking. Neither Lubian nor the hacker publicized the theft, with the mining pool attempting to recover through 1,500 small Bitcoin transactions. The incident exposes critical vulnerabilities in crypto infrastructure oversight—particularly among opaque mining operations.