The DeFi and crypto space is rapidly evolving, and it is essential to stay informed about the latest developments. Our weekly recap covers the most significant news and trends in this field.
The Biggest Bybit’s $1.4B Crypto Hack: How It Happened & What’s Next
On February 21, 2025, Bybit experienced a major security breach, losing $1.4 billion in digital assets. Hackers exploited a vulnerability during an Ethereum 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 and Solana, expanding beyond Ethereum-based assets. Co-founder Dan Finlay announced this update at an industry event in Denver. The roadmap also includes a redesigned mobile app, a MetaMask-linked Mastercard, and a gas-free transaction feature.
Uniswap Simplifies Crypto-to-fiat Transactions With New Feature
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 was launched on February 27 on Uniswap’s mobile wallet.
This week in the crypto and DeFi world saw significant events—from the biggest Bybit hack to key updates from MetaMask and Uniswap. Stay tuned to remain informed about all the developments.
