tldr; The Finbold H1 2025 Cryptocurrency Report reveals $2.24 billion was stolen in crypto hacks during the first half of 2025, with $1.5 billion lost in a Bybit wallet breach alone. Other major incidents included vulnerabilities at Cetus Protocol ($230M), LIBRA ($100M), Nobitex ($90M), and UPCX ($70M). Most losses occurred in Q1 ($1.77B), while Q2 saw a decline to $465M, possibly due to improved security or delayed reporting. Analysts caution that systemic vulnerabilities in DeFi and exchanges persist, emphasizing the need for heightened security measures.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
MichaelAischmann on
Would be nice to have a comparison with theft/hacks in the TradFi system.
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tldr; The Finbold H1 2025 Cryptocurrency Report reveals $2.24 billion was stolen in crypto hacks during the first half of 2025, with $1.5 billion lost in a Bybit wallet breach alone. Other major incidents included vulnerabilities at Cetus Protocol ($230M), LIBRA ($100M), Nobitex ($90M), and UPCX ($70M). Most losses occurred in Q1 ($1.77B), while Q2 saw a decline to $465M, possibly due to improved security or delayed reporting. Analysts caution that systemic vulnerabilities in DeFi and exchanges persist, emphasizing the need for heightened security measures.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Would be nice to have a comparison with theft/hacks in the TradFi system.