<ul data-eligibleForWebStory="false"><li>In the first six months of 2025, the crypto industry suffered over US$2.1 billion in losses due to hacks and exploits across 75 incidents.</li><li>State-sponsored actors are increasingly targeting critical financial infrastructure in the crypto space, exploiting its borderless and currently unregulated nature.</li><li>The Bybit breach, attributed to North Korean hackers, resulted in over US$1.5 billion in losses, showcasing the intensity and speed of cyberattacks in the crypto realm.</li><li>Crypto crime is evolving into a geopolitical tool, with state-aligned groups like Gonjeshke Darande from Iran using digital asset theft for symbolic or political motives.</li></ul>

Crypto Hacks Already Cost US$2.1 Billion in 2025 as State Attacks Rise

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