Here’s a quick crypto news update as of February 28, 2025:

North Korean Hackers Steal $1.5B: The Lazarus Group stole Ethereum from Bybit, surpassing North Korea’s 2023 defense budget. Bybit is offering a $140M reward for recovery.

Market Crash: Bitcoin is down 21% from its peak, Ethereum over 40%. Hopes for a pro-crypto Trump administration fade.

Crypto Fraud Conviction: A New Yorker convicted for a $7M crypto scam faces up to 20 years in prison.

SEC Drops Coinbase Lawsuit: The SEC’s reversal may indicate a more relaxed crypto regulatory approach.