- Main event, leadership changes, market impact, financial shifts, or expert insights.
- Highest crypto thefts, $2.47 billion YTD in 2025.
- Bybit breach, largest hack, caused $1.5 billion loss.
CertiK reveals $2.47 billion in crypto thefts in 2025, with Bybit experiencing a $1.5 billion breach in February, mainly impacting Ethereum and Lido Staked Ether.
The surge in crypto hacks underscores vulnerabilities in security protocols, emphasizing the need for enhanced measures and user education amid rising phishing and wallet compromise incidents.
Over $2.47 billion in cryptocurrency has been stolen in 2025, primarily impacting Ethereum stakeholders. The largest single event occurred in February when Bybit endured a $1.5 billion breach. The shift has moved to social engineering attacks.
CertiK reports that technical exploits have given way to phishing, primarily targeting Ethereum and Lido Staked Ether. Attacks on Bybit, which constituted a significant portion, were conducted through these methods.
“The industry’s ongoing battle against increasingly sophisticated crypto hackers remains relentless. Enhanced security measures and user awareness are urgently needed for meaningful change.” — Ronghui Gu, Co-founder, CertiK CertiK Blog
The thefts have had immediate repercussions on both industry and market landscapes. Financial losses remain large, with only $187 million recovered or frozen. Ethereum remains the most targeted, as highlighted in the latest insights from ForkLog.
These incidents have prompted financial and market fluctuations, with plummeting Total Value Locked in affected platforms. This highlights industry vulnerabilities and the pressing need for advancement in security measures.
While Bybit has not released official comments, increased security discussions are evident. Regulatory responses remain minimal, despite increased developer activity on enhancing security features as reported by The Daily Hodl.
Insights suggest a future emphasis on enhancing blockchain security practices. Historical trends indicate a worsening of financial threats within the crypto ecosystem, urging rapid improvement in user education and security protocols.
