Cumulatively, the first four months of 2025 have already seen $1.74 billion in crypto losses—more than all of 2024, which totaled $1.49 billion.

Hackers stole over $92.4 million from crypto projects in April 2025 alone, according to blockchain security firm Immunefi.

The figure represents a 27.3% year-over-year increase and more than double the losses reported in March.

April’s attacks occurred across 15 incidents, with two major exploits accounting for the bulk of the damage.

UPCX, an open-source platform, lost $70 million in a single attack, while decentralized exchange KiloEx was hit for $7.5 million.