Crypto Hacks Soar in 2025, Exceeding Last Year’s Total

A new report from CertiK reveals alarming figures: crypto hacks exceeded $2.47 billion by mid-2025, surpassing the 2024 totals. Key contributors to these losses include the Bybit hack, which alone accounted for nearly $1.5 billion in stolen funds in February 2025. The report highlights the vulnerability of Ethereum and Lido Staked Ether as significant attack vectors, with wallet compromises and phishing scams posing major challenges.