The Crypto Hacking Landscape: What’s New?
With the crypto market maturing, hackers are also upping their game. In Q3 2025, we saw them swipe $509 million, which is a 37% drop from Q2 and over 70% less than the almost $1.7 billion they made off in Q1. Good news, right? But hold on, because September 2025 hit hard with 16 million-dollar hacks, and that’s a massive red flag.
Shifting tactics are the name of the game. Losses from smart contract exploits fell to $78 million, suggesting DeFi projects have gotten tougher. Centralized exchanges, however, took a big hit, losing $182 million. North Korean groups were behind nearly half of Q3’s thefts, hinting at a shift towards wallet hacks and operational breaches. The digital bag snatchers seem to prefer the path of least resistance,…
