<ul><li>Hackers stole more than $1.63 billion in cryptocurrency in the first quarter of 2025, with Bybit exploit accounting for over 92% of total losses.</li><li>Losses surged to $1.53 billion in February, mainly due to the Bybit attack, making it one of the largest crypto thefts recorded.</li><li>March saw a sharp decline in crypto-related hacks with PeckShield reporting $33 million in stolen assets, a 97% drop from February.</li><li>Despite the losses, some stolen funds were returned, such as $4.5 million returned by a hacker who stole $5 million from decentralized exchange 1inch.</li></ul>

Crypto Hacks Surge to $1.6 Billion in Q1 2025, Driven by Bybit Exploit

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