$181M Recovered From Hackers, But Crypto Still Lost $620M in Q2
Main Idea
Crypto and Web3 security incidents resulted in over $801.3 million in losses across 144 incidents in Q2 2025, with phishing being the most damaging attack vector and Ethereum the most affected network.
Key Points
1. Total losses in Q2 2025 were $801.3 million across 144 incidents, a 52.1% decrease from the previous quarter.
2. Phishing was the most damaging attack vector, causing $395 million in losses across 47 incidents.
3. Ethereum recorded the highest number of incidents (70), resulting in $65.4 million in losses, with $181 million recovered.
4. Wallet compromises were the costliest in H1 2025, accounting for $1.71 billion in losses across 34 incidents.
5. Two major hacks—Bybit ($1.5 billion) and Cetus Protocol ($225 million)—accounted for $1.78 billion of 2025’s losses.
Description
Crypto and Web3 security incidents led to over $801.3 million in losses across 144 incidents in Q2 2025. CertiK reported that this reflects a 52.1% decrease in value lost from the previous quarter. The quarter also saw 59 fewer incidents during this period. Ethereum Hit Hardest Again Phishing was the most damaging attack vector, as it saw $395 million being stolen across 52 incidents. Code vulnerabilities followed suit and recorded $235.8 million in losses across 47 incidents. In its latest repo...
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