Cyberattacks have taken a serious toll on the crypto space in 2025, with total losses already hitting $1.74 billion — more than four times the $420 million stolen by this point last year, according to a recent report by Immunefi.
April 2025: A Costly Month for Crypto
The report highlights an alarming trend, showing just how much the industry has lost this year — especially in April. So far in 2025, malicious actors have drained an eye-watering $1.74B from crypto platforms, surpassing the entire total stolen in 2024, which was $1.49B.
In April alone, hackers made off with $92.5 million, a 27% jump compared to April 2024’s $72.6M — and more than double March 2025’s $41.4M.
Top Targets of 2025’s Crypto Heists
Ten major projects were targeted, but two suffered the heaviest blows:
UPCX lost a staggering $70M
KiloEx lost $7.5M
Other impacted platforms included Loopscale, ZKsync, and Term Labs, with losses ranging from $84K to $5.8M. Thanks to efforts from on-chain investigators like ZachXBT, some stolen assets have been recovered.
Hacks, Not Frauds
Interestingly, all the losses reported were due to hacks — no fraud cases were documented.
Which Chains Were Affected?
The most targeted chains were:
Ethereum (5 hacks)
BNB Chain (4 hacks)
Together, these two accounted for 60% of April’s losses. Other chains like Base, Arbitrum, Solana, Sonic, and ZKsync also suffered attacks, but less frequently.
DeFi Takes the Hit — CeFi Stays Safe
All stolen funds came from the DeFi sector, with no reported losses from centralized finance (CeFi) platforms in April.
Coming Soon from Shaiz Crypto ♥️
Unlock new ways to earn passive income with DeFi in 2025. Stay tuned for more updates!
