Overview
- Data from Chainalysis, TRM Labs and the REKT database independently put 2025 losses at about $2.7 billion.
- The February breach of Dubai-based exchange Bybit accounted for roughly $1.4–$1.5 billion, the largest crypto heist on record.
- North Korea–linked groups were blamed for about $2.0 billion this year, with an estimated $6 billion stolen since 2017.
- Attackers increasingly targeted centralized exchanges and cross-chain infrastructure using social engineering and private-key compromises.
- Exchanges and law enforcement reported limited success tracing flows and freezing portions of stolen funds shortly after movement.