The crypto space continues to evolve rapidly. This week, several notable events occurred in the world of cryptocurrencies and DeFi.
The Biggest $1.4B Crypto Hack on Bybit
On February 21, 2025, the exchange Bybit suffered a major hack, resulting in the theft of $1.4 billion in digital assets. Hackers exploited a vulnerability during an Ethereum-based cold wallet transfer. Analysts, including ZachXBT and Arkham Intelligence, have linked the attack to the Lazarus Group from North Korea, known for its crypto heists.
MetaMask 2025 Roadmap Overview
MetaMask is set to support Bitcoin (BTC) and Solana (SOL), expanding beyond Ethereum-based assets. This update was announced by co-founder Dan Finlay at an industry event in Denver. The event also unveiled 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 in their bank accounts. The feature, launched on February 27, is available on Uniswap’s mobile wallet, with web and browser support coming soon.
This week, the crypto community witnessed significant events ranging from the Bybit hack to new features from MetaMask and Uniswap. Stay tuned for further updates and changes in the industry.
