According to TRM Labs, crypto hacks in the first half of 2025 totaled $2.1 billion. These incidents impacted major exchanges globally.
Total Losses from Hacks
In the first half of 2025, over $2.1 billion was reportedly lost in crypto hacks. Key actors, including North Korea-linked entities, contributed to significant breaches across global exchanges, impacting BTC and ETH assets. In over 75 incidents, losses stemmed largely from infrastructure exploits, with the largest, a $1.5 billion hack, attributed to North Korean hackers targeting Bybit. These attacks surpassed all previous records.
Impact on the Crypto Market
The first half of 2025 saw significant impacts on the global crypto market. The breaches affected user confidence and resulted in calls for enhanced security measures across digital platforms. Infrastructure and protocol vulnerabilities have been identified as pivotal weaknesses. They require urgent attention to mitigate threats to major cryptocurrencies and exchanges worldwide.
North Korean Involvement and Protocol Vulnerabilities
North Korean involvement and protocol-level vulnerabilities continue to plague the crypto landscape. TRM Labs' insights reveal an urgent need for focused security enhancements.
Ongoing trends of sophisticated attacks suggest a proactive approach by regulators. Historical patterns highlight increased losses, urging the adoption of stronger technological defenses and governance strategies.
