Crypto hacks drained $2.78 billion in 2025 – Finbold report

Crypto hacks resulted in $2.78 billion in stolen funds in 2025, according to Finbold’s 2025 Cryptocurrency Market Report , based on incident data tracked by blockchain security firm SlowMist. While the headline figure places 2025 among the costliest years for crypto security breaches, a closer look at the data reveals that losses were heavily concentrated in the early part of the year, with a clear slowdown emerging as the year progressed. !function(e,n,i,s){var d="InfogramEmbeds";var o=e.getElementsByTagName(n)[0];if(window[d]&&window[d].initialized)window[d].process&&window[d].process();else if(!e.getElementById(i)){var r=e.createElement(n);r.async=1,r.id=i,r.src=s,o.parentNode.insertBefore(r,o)}}(document,"script","infogram-async","https://e.infogram.com/js/dist/embed-loader-min.js"); Bybit breach shaped the entire risk profile of 2025 The defining event of the year was the Bybit hack, which alone accounted for $1.5 billion in losses. That single incident represented more than half of all known crypto funds stolen in 2025 and dramatically skewed the annual total. The breach stemmed from a wallet compromise, underscoring that custody and key management remain among the most critical points of failure in the digital asset ecosystem....

https://finbold.com/crypto-hacks-drained-2-78-billion-in-2025-finbold-report/