Crypto hacks hit $2B in Q1 2025, $1.63B from access control flaws | CryptoTvplus
Crypto hacks led to $2 billion in losses in Q1 2025, with $1.63 billion of that amount linked to flaws in access control.
The first quarter of 2025 saw more than $2 billion lost to crypto hacks, with Bybit’s $1.4 billion exploit driving the surge in access control breaches.
Hacken, a crypto cybersecurity firm, reported that access control exploits caused almost $1.63 billion in losses during Q1 2025.
Anmol Jain, vice president of investigations at crypto forensics firm AMLBot, attributed the exceptionally high figure to the recent Bybit hack.
Crypto cybersecurity firm PeckShield released similar data recently.
Excluding scams, PeckShield’s report indicated that crypto hacks in Q1 2025 amounted to $1.6 billion.
Reports from late…
