A new report by blockchain security firm CertiK reveals a staggering $2.47 billion in crypto stolen through hacks during the first half of 2025, primarily impacting Ethereum and major exchanges like Bybit. The report paints a stark picture of escalating attacks targeting wallet vulnerabilities, highlighting the urgent need for improved security practices across the industry. This massive theft has already caused significant financial losses, with Bybit losing an estimated $1.5 billion in a single attack. CertiK’s Ronghui Gu and investigator ZachXBT are leading the investigation, tracing these attacks back to phishing schemes targeting wallet users. The crypto community is facing heightened risks as exchanges grapple with public accusations, sparking calls for greater transparency and robust security measures.