The crypto industry faced serious security issues, losing $2.1 billion to hackers in the first half of 2025. Most attacks stemmed from infrastructure vulnerabilities.
North Korean Cyberattacks Exploit Infrastructure Weaknesses
According to the report by TRM Labs, North Korean hackers were responsible for 70% of the stolen funds in the crypto sector. Vulnerabilities such as private key theft and interface manipulation significantly contributed to these losses. *TRM Labs*, an expert in blockchain technologies, noted: "These methods exploit foundational weaknesses in cryptosystems and are often amplified by social engineering."
$1.5 Billion Bybit Hack Highlights Industry Vulnerabilities
In February 2025, Bybit suffered a hack that resulted in a loss of $1.5 billion. This event marks the largest theft of funds to date and emphasizes serious security issues within the crypto industry.
Need for Mandatory Security Measures
Industry leaders are calling for enhanced security measures, including the adoption of multi-factor authentication and increased cold wallet usage. The importance of international cooperation in addressing these threats is also emphasized. Despite rising concerns, the community's response has been muted, possibly due to a lack of direct statements from key opinion leaders.
The losses in the crypto industry from hacker attacks in H1 2025 illustrate the need for increased focus on security measures and international cooperation to protect against cyber threats.
