Crypto Hacks Surge to $1.6 Billion in Q1 2025, Driven by Bybit Exploit

Hackers stole more than $1.63 billion in cryptocurrency in the first quarter of 2025, according to blockchain

Blockchain

Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of ...

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security firm PeckShield. The Bybit exploit accounted for over 92% of total losses

Other February hacks resulted in $126 million in losses. These included a $50 million exploit targeting Infini, a $9.5 million hack on zkLend, and an $8.5 million loss from Ionic.

March saw a sharp decline in crypto-related hacks. PeckShield reported $33 million in stolen assets, a 97% drop from February. Some funds were recovered, partially offsetting losses.

Quelle: https://www.financemagnates.com/cryptocurrency/crypto-hacks-surge-to-16-billion-in-q1-2025-driven-by-bybit-exploit/