Investors Have Lost Nearly $2.5B on Crypto Scams, Hacks So Far in 2025: Report
- July 1, 2025
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Cryptocurrency hacks and scams cost nvestors just shy of $2.5 billion in the first half of 2025, according to a new report.
Blockchain security company Certik reported Monday that 144 hacking or scam incidents occurred in the second quarter of this year, bringing the year-to-date total to 344, with a dollar value of $2.47 billion.
After accounting for assets that were eventually returned or frozen by trading platforms, the total is a slightly lower $2.29 billion, up from the $1.98 billion that Certik estimated was stolen last year.
Certik reported that the majority of funds were stolen by compromising crypto wallets , at $1.71 billion, while another $410.75 million was stolen through phishing attacks .
Two incidents accounted for nearly $1.8 billion of this year's losses, Certik noted in its report. In one,
hackers in North Korea
stole roughly $1.5 billion in assets from Bybit, one of the world's largest exchanges. The other was a $220 million theft from Cetus.
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