This week was eventful in the DeFi and crypto world, from the biggest hack on the Bybit exchange to Japan's Web3 game launch.
The Biggest Bybit’s $1.4B Crypto Hack: How It Happened & What’s Next
On February 21, 2025, Bybit cryptocurrency exchange suffered a major attack, losing $1.4 billion in digital assets. Hackers exploited a vulnerability during an Ethereum (ETH) transfer from the exchange’s cold wallet. Blockchain analysts, including ZachXBT and Arkham Intelligence, linked the attack to North Korea’s Lazarus Group, known for high-profile crypto thefts.
MetaMask 2025 Roadmap Overview
MetaMask is set to support Bitcoin (BTC) and Solana (SOL), expanding beyond Ethereum-based assets. Co-founder Dan Finlay announced the update at an industry event in Denver. The announcements include a redesigned mobile app, a MetaMask-linked Mastercard, and a gas-free transaction feature.
Uniswap Simplifies Crypto-to-fiat Transactions
Uniswap has teamed up with Robinhood, MoonPay, and Transak to enable crypto-to-fiat withdrawals in over 180 countries. Users can now sell crypto and receive funds directly into their bank accounts. The feature, launched on February 27, is currently available in Uniswap’s mobile wallet.
These events highlight the inevitable changes and growth in the global crypto space.
