According to TRM Labs, crypto losses could total $2.1 billion in the first half of 2025 due to infrastructure attacks.
Expected Losses from Infrastructure Attacks
TRM Labs reports that cryptocurrency losses could reach $2.1 billion in the first half of 2025. Of the 75 hacking incidents this year, over 80% of the stolen funds are related to infrastructure attacks, which significantly affect the technical backbone of crypto systems.
Increased Risks in the Crypto Market
Infrastructure attacks involve private key leaks and front-end intrusions, resulting in much larger losses than other methods. These attacks often compromise wallets, smart contracts, and user interfaces across the globe, leading to substantial financial losses and disruptions.
Impact on Regulation and Market Confidence
With the increasing number of attacks, experts and analysts express concerns about the resilience of security infrastructure. The lack of specific public statements from industry leaders may necessitate enhanced communication and strategic responses to these challenges. This could lead to stricter regulation and a reassessment of technological solutions, impacting financial markets and institutional investor confidence.
The projected $2.1 billion losses highlight the urgent need for enhanced security measures in cryptocurrency infrastructure to prevent further losses and strengthen market confidence.