Hackers stole over $1.63 billion in crypto in Q1 2025, with Bybit exploit accounting for 92% of lossesFebruary saw a massive spike in losses due to the Bybit hack, one of the largest crypto theftsMarch 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