According to CertiK, a blockchain security firm, over $2.47 billion in cryptocurrency assets were stolen in the first half of 2025. This event highlights serious issues in the crypto industry's security.
Overview of Hacking Incidents
CertiK's report indicates that during the first half of 2025, more than $2.47 billion in cryptocurrency assets were stolen due to hacks and scams. These incidents have had a significant impact on security and financial stability in the crypto industry.
The Bybit Hack
The largest incident was the Bybit exchange hack in February, resulting in losses of $1.5 billion. This theft marks the most significant in crypto history.
Market Impacts
The hacking incidents led to a sharp decline in Total Value Locked (TVL) on affected protocols. Ethereum suffered 175 attacks resulting in a loss of $1.63 billion, creating widespread market disruptions. So far, only $187 million has been recovered, leaving a net loss of $2.29 billion.
The hacking incidents in 2025 have resulted in significant losses for the crypto industry, emphasizing the need for stronger security measures. Experts call for stricter key management and thorough security audits to protect centralized exchanges and DeFi protocols.
