North Korean hackers blamed for record spike in crypto thefts in 2025
Hackers have stolen more than $2 billion in crypto during the first half of 2025, according to new data from crypto analysis firm Chainalysis, marking the worst year-to-date on record for crypto thefts.
The blockchain analysis company said Thursday in a new report that the $2.17 billion stolen during the first half of 2025 has already surpassed the amount of crypto lost last year. Not only that, the amount of cryptocurrency stolen during the first six months of 2025 was about 17% higher than the same period in 2022, which was previously the worst year on record for stolen crypto.
Much of the stolen crypto this year was attributed to a single breach at crypto exchange Bybit, which saw North Korean hackers steal more than $1.4…