In the first half of 2025, the crypto industry suffered record losses of $2.1 billion due to hacking attacks, which is 10% higher than the previous record in 2022. According to a report by TRM Labs, at least 75 attacks were recorded, with the largest being the hack of the Bybit exchange in February, when hackers, likely linked to North Korea, stole $1.5 billion. This attack accounts for nearly 70% of all losses. The average size of a single theft increased to $30 million, which is double compared to last year. North Korean hackers, according to experts, stole about $1.6 billion, using these funds to evade sanctions and finance state programs.
The main targets of attacks were centralized exchanges, which accounted for 79.56% of stolen assets, as well as vulnerabilities in smart contracts. Analyst ZachXBT warns of a 'supercycle of crime' caused by weak regulation and speculative mania, particularly around meme coins. To protect assets, exchanges are advised to enhance the security of private keys and counter phishing.
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