Hackers already bagged a record $2.1bn in stolen crypto this year, says TRM Labs – DL News

  • It’s the worst start to the year ever for hacks and exploits.
  • Infrastructure attacks account for the most losses.
  • Some exploited DeFi protocols never recover.

Despite money spent on audits, war rooms, and white-hat bounties, cybercriminals still ransacked the crypto industry for $2.1 billion in the first half of 2025.

That’s according to TRM Labs, a blockchain forensics company, in a report on Friday.

The losses mark the worst start to any year in crypto’s history and mark a 10% jump from the previous record in 2022.

The vast majority of this year’s figure comes from the $1.4 billion stolen from crypto exchange Bybit by hackers linked to North Korea in February.

Indeed, hacks targeting backend systems to access wallet keys and…

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