Blockchain security company Certik revealed that $1.67 billion worth of crypto was stolen by hackers in the first quarter of 2025, up 303% in the last quarter.
This figure is two-thirds of the total stolen in 2024, but it is worth noting that the majority of first quarter losses are attributed to the $1.45 billion BYBIT hack.
Separately, Certik analyzed 197 hacking incidents in the first quarter. Of these, 98 occurred in Ethereum.
The two biggest hacks after Bybit were the $71 million Femex robbery in January and the $49.5 million exploits that Crypto Neobank Infini suffered.
Phishing attacks that involve stealing victims' qualifications to gain access to personal accounts remain the highest attack vector, accounting for 81 cases. There were also 15 incidents of compromise on private keys.
Just 0.38% of stolen funds were returned in the first quarter, compared to 42.09% in the last quarter, with a much higher adjusted loss. In February, no stolen funds were returned at all.
Arabic
Chinese (Simplified)
Dutch
English
French
German
Italian
Portuguese
Russian
Spanish