Crypto Thefts Soar To $2 Billion In 2025, Breaking Records And Trust–Report
2025-07-02 18:59:40
Main Idea
Crypto theft reached a record $2.1 billion in the first half of 2025, with state-backed actors like North Korea-linked groups responsible for a significant portion of the losses.
Key Points
1. Crypto theft hit $2.1 billion in H1 2025 across 75 hacks, surpassing the previous H1 2022 record by 10%.
2. The largest single theft was a $1.5 billion breach at Dubai-based Bybit exchange, accounting for nearly 70% of total losses.
3. North Korea-linked groups were behind approximately $1.6 billion (70%) of stolen funds, while Iran's Nobitex exchange suffered a $90 million hack linked to Israel-affiliated Predatory Sparrow.
4. Infrastructure hacks (private-key thefts, insider jobs, front-end attacks) made up over 80% of stolen funds, while smart contract exploits accounted for 12%.
5. The rise in state-backed thefts highlights the need for stronger security measures and faster threat intelligence sharing among firms.
Description
Crypto theft has hit a record in the first half of 2025. Over $2.1 billion vanished in at least 75 hacks and exploits. That total tops the previous H1 high set in 2022 by about 10% and almost matches every dollar stolen in all of 2024. Major Theft Figures Revealed According to a TRM Labs report , hackers walked off with roughly $2.1 billion between January and June. They struck 75 separate times. That breaches the H1 2022 mark by about 10% and nearly equals the full‑year haul from 2024. Losses h...
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