According to a report by Swiss blockchain analytics firm Global Ledger, over $3 billion was stolen through 119 crypto hacks in the first half of 2025, primarily targeting centralized exchanges.
Overview of Cyber Attacks
In the first half of 2025 alone, there were 119 crypto hacks resulting in $3.01 billion in losses. These attacks pose serious challenges for existing anti-money laundering measures, impacting major cryptocurrencies like ETH, BTC, and BNB.
Shifts in Target Platforms
Global Ledger’s report indicates that hackers primarily targeted centralized exchanges, which accounted for over half of the reported losses, marking a shift towards more vulnerable platforms.
Money Laundering Challenges
The accelerated pace of money laundering activities poses significant regulatory challenges. Data shows that modern laundering methods allow transactions to be completed in mere minutes, jeopardizing market stability and investor confidence.
The crypto industry faces significant challenges in combating cybercrime as centralized exchanges become increasingly vulnerable. The need for greater transparency and enhanced protective measures is more important than ever.
