Bybit Expands User Base to 80 Million, Enhances Security Post-Cyberattack
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Significant User Growth: Bybit expanded its registered user base from 50 million to 80 million in 2025, reflecting strong market appeal and user trust, further solidifying its position as the world's second-largest exchange.
- Compliance Advancements: In 2025, Bybit secured the UAE's first SCA Virtual Asset Platform Operator License and achieved MiCA compliance in the EU, ensuring legal operations in global markets and enhancing user trust and competitive edge.
- Enhanced Security: Despite a cyberattack in February 2025 that resulted in approximately $1.4 billion in ETH theft, Bybit ensured zero loss of client funds through its 1:1 reserve guarantee and restored reserves within 72 hours, demonstrating robust crisis management capabilities.
- Record Trading Volume: On December 22, 2025, Bybit recorded a 24-hour spot trading volume of $9.1 billion, maintaining its second position in trading volume despite overall market downturns, showcasing its ongoing appeal and market vitality.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
