Odaily News Data released by Immunefi, a Web3 bug bounty platform, shows that there were 40 hacker attacks in the first quarter of 2025, resulting in cryptocurrency losses of $1.64 billion, a record high. In contrast, the first quarter of 2024 increased by 4.7 times, when hackers stole about $348.3 million, although the number of attacks decreased by 36%, from 63 to 40. Most of the losses came from Bybit's $1.46 billion hacker attack, while losses from other attacks were about $176 million, a year-on-year decrease of nearly 50%. (The Block)