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Over $2 billion was lost to cryptocurrency hacks in the first quarter of 2025. According to a report shared with Cointelegraph by crypto cybersecurity firm Hacken, in Q1 2025, nearly $1.63 billion ...
PeckShield reported that over $87 million in crypto was lost to hacks in January, while February saw a dramatic spike to $1.53 billion, largely due to the Bybit attack.
The first quarter of 2025 was the worst quarter ever in the history of crypto hacks. We saw crypto assets worth $1.64 billion stolen by bad actors during Q1 2025.
Hackers stole $1.63 billion in cryptocurrency in the first quarter of 2025, a 131% increase from Q1 2024’s $706 million, according to blockchain security firms PeckShield and Immunefi.
Q1 Records $1.64B in Hacks. The crypto industry is closing out its worst quarter for hacks, with $1.64 billion in losses across 40 incidents, Immunefi said. This marks a 4.7 times increase from the ...
The three largest hacks were the $1.45 billion loss suffered by Bybit, $71 million Phemex heist and the $49.5 million Infini exploit. CertiK analyzed 197 hacking incidents in Q1, 98 of which ...
Trump admin takes positive crypto steps Q1 brought various developments in cryptocurrency regulation and policy in the US. ... Volatility, manipulation, hacks create crypto headwinds.
Cyber insurance policies covering crypto exchange hacks now account for 18% of all cyber insurance premiums in 2025, up from ...
Crypto hacks in Q1 2025 exceeded $2 billion, with Bybit’s $1.4 billion breach fueling record losses. Hackers exploited access controls and multisig wallets.
Crypto hacks totaled $1.63 billion in Q1 2025, up 131% year over year, with the Bybit breach alone accounting for 92% of the losses. 3102 Total views . 2 Total shares . Listen to article .
Due to the Bybit hack worth $1.4 billion, Q1 2025 has proven to be the worst quarter ever in the history of crypto hacks.