Hackers stole greater than $2.47 billion price of cryptocurrency within the first half of 2025, already exceeding final 12 months’s complete of $2.42 billion, in response to Certik’s Hack3d Report.
Nearly all of that determine might be attributed to 2 incidents; the Bybit breach and the Cetus Protocol exploit that mixed had been price $1.78 billion.
Pockets compromise was the important thing assault vectors for hackers within the first half of this 12 months, contributing to $1.7 billion price of losses, whereas phishing was nonetheless rampant leading to $410 million stolen throughout 132 incidents.
Phishing is a way hackers use to steal a sufferer’s password or credentials so as to entry an account.
“Whereas the general figures are alarming, it is very important level out that almost all of the funds misplaced in H1 had been attributable to 2 concentrated, high-impact occasions,” stated CertiK co-founder Ronghui Gu.
“However regardless, the outcomes function one other reminder to the business that there’s nonetheless a lot work to be executed,” Gu added.
The report additionally discovered that $801 million was misplaced in Q2 alone, a 52% lower from the earlier quarter. Nearly all of hacks befell on Ethereum, with $1.5 billion stolen throughout 164 incidents, adopted by Bitcoin with $373 million stolen throughout 10 incidents.