A staggering $1.7 billion crypto heist in Q1 2025 involving the Bybit exchange has ignited a renewed conversation about compliance within the cryptocurrency industry. Key takeaways include increased market scrutiny on security, highlighting the importance of robust regulatory frameworks to regain investor confidence. Slava Demchuk, a prominent voice in cryptocurrency compliance, emphasizes the urgency for regulations like MiCA to bolster trust and transparency. The event underscores vulnerabilities exposed by this attack, prompting experts to advocate for improved technology-enabled regulations. 2025 saw significant market volatility following the incident, with Bitcoin facing pressure amidst broader market conditions.