Crypto Hacks Total $2.935 Billion in 2025 Amid Fewer Incidents

The crypto sector faced significant security challenges in 2025, with losses nearing $3 billion due to increased hacks and evolving attack methods.

Key Points

  • Crypto theft rose by 46% in 2025, with total losses reaching approximately $2.935 billion, up from $2.013 billion in 2024.
  • The number of incidents dropped by 51%, indicating fewer but larger-scale heists.
  • DeFi was the most targeted sector, suffering 126 incidents and $649 million in losses, showing a decline from 2024's figures.
  • Centralized exchanges reported 22 incidents, with Bybit experiencing the largest single hack, resulting in $1.46 billion stolen.
  • Phishing and scams evolved into more complex attacks, combining multiple tactics like social engineering and browser exploitation.
  • Regulatory enforcement actions intensified globally, addressing money laundering and fraud within the crypto space.
  • 18 incidents saw recovery efforts, with $387 million successfully returned or frozen from $1.95 billion stolen funds.

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SlowMist emphasizes the need for stronger internal security controls and transparent governance to build resilience in the Web3 industry.

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