The DeFi and crypto space continues to evolve rapidly. Here’s a brief overview of the most significant news and trends to help you stay updated.
The Biggest Bybit’s $1.4B Crypto Hack
Bybit suffered a major security breach on February 21, 2025, losing $1.4 billion in a cyber attack, marking it the largest crypto hack. Hackers exploited a vulnerability during an Ethereum (ETH) transfer from the exchange’s cold wallet. Analysts, including ZachXBT and Arkham Intelligence, suggest links to North Korea’s Lazarus Group, notorious for high-profile crypto thefts.
MetaMask 2025 Roadmap Overview
MetaMask is set to support Bitcoin (BTC) and Solana (SOL), expanding beyond Ethereum. Co-founder Dan Finlay announced this update at an industry event in Denver, alongside a redesigned mobile app, a MetaMask-linked Mastercard, and a gas-free transaction feature.
Uniswap Simplifies Crypto-to-fiat Transactions
Uniswap has partnered 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. This feature launched on February 27 and is currently available on Uniswap’s mobile wallet, with web and browser support coming soon.
Staying informed about developments in the DeFi and crypto sphere improves understanding of market dynamics and key events. Keeping up-to-date with the latest news is crucial for those interested in this field.
