Crypto Losses Surge 125% in 2025 First Half to $2.47 Billion
Crypto investors faced significant losses in the first half of 2025, with a total of $2.47 billion lost across 344 incidents, according to a report by blockchain security firm CertiK. The report, titled “Hack3d: Web3 Security Report for Q2 + H1 2025,” highlights a shifting threat environment where wallet compromises and phishing attacks were the most prevalent threats. Wallet-related breaches alone accounted for $1.7 billion across just 34 attacks, while phishing scams resulted in over $410 million stolen in 132 incidents.
Two major incidents, the Bybit and Cetus Protocol hacks, significantly skewed the data. The Bybit hack in February resulted in the theft of more than $1.5 billion in liquid-staked ETH and MegaETH, making it the…
