Hackers stole more than $2.47 billion worth of cryptocurrency in the first half of 2025, already exceeding last year’s total of $2.42 billion, according to Certik’s Hack3d Report.

The majority of that figure can be attributed to two incidents; the Bybit breach and the Cetus Protocol exploit that combined were worth $1.78 billion.

Wallet compromise was the key attack vectors for hackers in the first half of this year, contributing to $1.7 billion worth of losses, while phishing was still rampant resulting in $410 million stolen across 132 incidents.

Phishing is a technique hackers use to steal a victim’s password or credentials in order to access an account.

“While the overall figures are alarming, it is important to point out that the…