Weekly Article Recap: 2/24-2/28

The Stories that You Can’t Afford to Miss This Week

As the DeFi and crypto space continues to evolve at a rapid pace, it's essential to stay informed 

about the latest developments and trends. Our weekly recap provides a concise yet comprehensive overview of the most significant news and trends in the DeFi and crypto space, helping you stay informed and up-to-date with the latest happenings.

The Biggest Bybit’s $1.4B Crypto Hack: How It Happened & What’s Next

Bybit suffered a massive security breach on Feb. 21, 2025, losing $1.4 billion in digital assets—the largest crypto hack ever. 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.

Learn how it all happened here. 

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, alongside a redesigned mobile app, a MetaMask-linked Mastercard, and a gas-free transaction feature. 

Read the full story. 

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, launched on February 27, is currently available on Uniswap’s mobile wallet, with web and browser support coming soon.

Learn more. 

OKX to Pay $500M+ to Settle DOJ Charges – What Went Wrong?

Crypto exchange OKX will pay over $500 million in penalties after pleading guilty to running an unlicensed money-transmitting business in the U.S. Authorities say the Seychelles-based firm targeted U.S. users without complying with anti-money laundering laws. The settlement includes a $420.3 million forfeiture, an $84.4 million fine, and a mandate to retain a compliance consultant until 2027.

Details in the article. 

Japan’s Biggest Mobile Gaming Developer to Launch Web3 Game on Immutable: Details

Japan’s leading mobile game developer is bringing Tokyo Beast to Immutable, a top Ethereum gaming platform. This marks Immutable’s third unicorn developer deal, strengthening its position in Asia’s Web3 gaming market. The company has secured over 235 gaming partnerships across the region, including South Korea’s MARBLEX.

Find more information here.