In brief
- Total crypto hack losses reached $2.72 billion in 2025, surpassing last year’s record despite subdued market conditions.
- The Bybit breach in February marked the year’s largest exploit, with North Korean actors suspected of stealing up to $1.5 billion.
- Major exchanges and DeFi platforms, including Coinbase, Cetus Protocol, Nobitex, UPCX, BtcTurk, and Upbit, reported significant compromises across the year.
This year was a record for hacks in the crypto sector, with over $2.72 billion stolen, according to data from TRM Labs.
Yes, with depressed crypto prices getting investors down, 2025 was a particularly bad year for exploits—even after 2024 broke records.
The year got off to a terrible start with a $1.5 billion loss in…
