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Report: 75 cryptocurrency thefts in the first half of the year resulted in a total of $2.1 billion stolen, exceeding the first half record set in 2022

2025-06-29 05:23

Odaily News The latest TRM Crypto Crime Report shows a surge in cryptocurrency thefts in the first half of 2025, with at least 75 attacks resulting in more than $2.1 billion stolen, almost matching the total for 2024 and surpassing the previous record for the first half of 2022. However, the report shows that the $1.5 billion Bybit hack in February accounted for nearly 70% of the total losses. In addition to the huge losses in February, January, April, May and June were the only four months with losses exceeding $100 million. Only March saw losses below $100 million.
The report concluded: "In the first half of 2025, crimes committed by groups associated with North Korea accounted for $1.6 billion of the total stolen funds, accounting for about 70% of all stolen funds." At the same time, the TRM team found that infrastructure attacks such as private key and mnemonic theft or front-end intrusions accounted for more than 80% of the stolen funds in the first half of 2025. On the other hand, protocol vulnerabilities accounted for another 12%, highlighting the continued existence of vulnerabilities in DeFi smart contracts. (News.bitcoin)