$3.1 Billion in Crypto Lost in 2025’s Painful First Half: Hacken
Main Idea
The crypto industry has suffered over $3.1 billion in losses from hacks, scams, and exploitations in the first half of 2025, with DeFi experiencing its worst quarter since 2023.
Key Points
1. The crypto industry lost over $3.1 billion in the first half of 2025, surpassing last year's $2.85 billion by over 6%.
2. Access-control exploits dominated losses, accounting for 83% of Q1's total losses and approximately $1.83 billion across DeFi.
3. DeFi suffered its worst quarter since early 2023, with $300 million drained in Q2, representing 8% of total crypto losses.
4. Phishing and social-engineering scams resulted in $330 million lost in Bitcoin, while phone-based scams mimicking Coinbase support drained over $100 million.
5. Q2 was comparatively quieter than Q1, with under $200 million lost to similar exploits.
Description
Halfway through 2025, the crypto industry has already suffered over $3.1 billion in losses from hacks, scams, and exploitations. According to Hacken’s latest report, this year has emerged as one of the most damaging in recent memory. Access-Control Exploits Dominate Losses The latest figure surpasses last year’s $2.85 billion by over 6%, as security lapses across the sector continue. In a statement, Hacken Co-Founder and CBDO Yevheniia Broshevan said , “2025 has been a wake-up call. In just two ...
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