PANews reported on August 7 that the cryptocurrency exchange Bybit held a live broadcast on the evening of August 6 with the theme of "Reshaping the Future". Co-founder and CEO Ben Zhou reviewed Bybit's various progress towards 2025 during the live broadcast.
- Bybit is fully compliant with the EU's Markets in Crypto-Assets Regulation (MiCAR) and will be registered with India's Financial Intelligence Unit (FIU) in the first half of 2025.
- After suffering the largest hacker attack in the history of the crypto industry in February this year, Bybit has comprehensively upgraded its security standards: although its own infrastructure was not affected, it still completed 9 rounds of comprehensive security audits (combined by internal and external experts) within a few weeks and implemented more than 50 enhanced protection measures;
- The upgraded matching engine now supports 3.5 million transactions per second and processes nearly 200 billion orders per day, a 75% year-on-year increase compared to the first half of 2025;
- The newly launched wealth management platform has exceeded US$150 million in assets under management and provides customized investment portfolio and strategy services;
Another highlight of the presentation was the newly upgraded Bybit Card, a true "crypto-native universal card" that seamlessly integrates with both business and personal spending scenarios. It supports Visa and Mastercard networks and features intelligent security features and real-time spending tracking. The Bybit Card is expected to launch in the EU in August, with launches in Peru and Colombia in the fourth quarter.
Ben also showcased the newly upgraded Bybit app, a unified platform for active trading and passive income. Bybit Lite has been redesigned for the average user, with a refreshed Earn section offering personalized strategies and a simple way to turn idle assets into active capital.
In conjunction with the launch of Mantle 2.0 and the deepening strategic partnership with Bybit, Bybit's Co-CEO Helen Liu and Emily Bao, current Head of Spot and Web3, will join Mantle as key advisors. While enhancing scalability and compliance, the two parties will work together to set new benchmarks in liquidity and governance, meeting the exploding market demand for trust-driven DeFi solutions.
