Crypto hacks surged by 303% in Q1 2025, totaling over $1.67 billion in stolen funds.Bybit hack accounted for a staggering $1.45 billion loss, highlighting the vulnerability of centralized exchanges.Ethereum remained the most targeted blockchain, with $1.54 billion stolen across 98 incidents.Efforts to recover stolen funds were largely unsuccessful, with only 0.38% of assets recovered.