Crypto Hacks in H1 2025 Exceed $2.2B

Key Points

1. CertiK’s H1 2025 report recorded 344 on-chain incidents, with wallet breaches accounting for $1.7 billion in 34 cases and phishing scams causing $410 million across 132 incidents.

2. The largest exploit was a $1.5 billion wallet breach at Bybit in February involving staked ETH, followed by a $225 million smart contract bug exploit at Cetus Protocol in May.

3. Ethereum was the most attacked blockchain, with 175 incidents leading to $1.6 billion in losses, up sharply from $5 million in April.

4. Approximately $187 million was recovered, but attacks are becoming more complex and violent, highlighting the need for stronger security measures.

5. Major 2025 hacks include $400 million from Coinbase, $220 million from Cetus, and millions more from BSC, Phemex, and UPCX exploits.