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Image Credit: Coin Telegraph

Crypto hacks top $1.6B in Q1 2025 — PeckShield

  • Hackers stole over $1.63 billion in crypto in Q1 2025, with Bybit exploit accounting for 92% of losses
  • February saw a massive spike in losses due to the Bybit hack, one of the largest crypto thefts
  • March experienced a significant decrease in hack-related losses, dropping by 97%
  • First quarter of 2025 had a 131% YoY increase in crypto hacks, reaching $1.63 billion

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