According to PANews, a recent report by security service platform Immunefi reveals a significant increase in cryptocurrency thefts in February 2025, largely due to a record-breaking hack on Bybit. The month witnessed nine hacking incidents resulting in a total loss of $1.53 billion, marking a 20-fold increase compared to the previous month. This figure is 18 times higher than the $81.6 million recorded in February 2024. So far this year, losses have reached $1.6 billion, an eightfold rise from the same period last year.