Crypto Investors Lose Over $2.1 Billion to Hacks in H1 2025

In the first half of 2025, crypto investors lost over $2.1 billion due to hacks and exploits, marking a record for security breaches in the sector.

75 incidents were reported, surpassing the previous high from 2022 by approximately 10%.
The losses approached the total for all of 2024.
North Korean-linked groups accounted for $1.6 billion or 70% of stolen funds this year.
The largest theft was a $1.5 billion hack of Bybit in February, attributed to North Korea.
A group linked to Israel stole $90 million from Iranian exchange Nobitex on June 18, suggesting a political motive.
Over 80% of stolen funds resulted from infrastructure-level breaches, including private key thefts and front-end hijacks.
These attacks are ten times more lucrative than traditional smart contract exploits, which made up only 12% of losses.