Over $2 Billion Lost to Crypto Hacks in Q1 2025: Is Your Wallet Safe? šØ
2025 kicked off with a security shocker: more than $2 billion was stolen in crypto hacks in just the first quarter, nearly matching all of 2024ās losses. The Bybit breach alone saw $1.4 billion vanish, with North Korean hackers exploiting access control flaws across 11,000+ wallets.
Whatās scarier? Most attacks used old tricks-weak passwords, poor access controls, and social engineering. Even major exchanges and DeFi platforms werenāt safe. This proves: on-chain code isnāt enough. Your entire setup, from wallets to internal processes, needs fortification.
My tip:
ā¢ Use hardware wallets for large holdings
ā¢ Enable 2FA everywhere
ā¢ Regularly update passwords and audit your access points
Have you tightened your security after these hacks? Whatās your #1 tip for staying safe?
