Crypto hacks in Q1 soar 131% YoY as losses hit $1.63b, data shows
The crypto market witnessed over 60 crypto hacks in Q1 resulted in $1.63 billion in losses, more than doubling from $706 million a year earlier.
Crypto hacks in the first quarter of 2025 resulted in more than $1.6 billion in losses, making it the worst quarter for crypto security breaches to date, per data from Immunefi’s latest research report.
Data from PeckShield also shows that crypto losses from hacks in Q1 more than doubled from $706 million in Q1 2024.
