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Crypto Thefts Soar To $2 Billion In 2025, Breaking Records And Trust–Report

  • Crypto thefts reached a new high in the first half of 2025, surpassing $2.1 billion in 75 hacks and exploits.
  • A single $1.5 billion breach at Bybit exchange accounted for almost 70% of the total losses this year, with an average hack size of nearly $30 million.
  • State actors, particularly North Korea-linked groups, are responsible for about $1.6 billion of the stolen funds, aiding in sanction-evasion schemes and weapons programs.
  • Security measures like cold storage, multi-factor authentication, and frequent audits are recommended to combat the rise in large-scale crypto thefts linked to state-backed actors.

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