Close Menu
Cryprovideos
    What's Hot

    Bitget Launches ESPORTSUSDT Perpetual Futures with Buying and selling Bot Integration | UseTheBitcoin

    July 29, 2025

    Rally Stalls for Bitcoin, Ethereum, and XRP—Analysts Cut up on What’s Subsequent – Decrypt

    July 29, 2025

    US seeks to assert $2.4M in Bitcoin seized from ransomware group

    July 29, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Crypto News»Crypto Hacks Practically Match 2024 Whole Due to $1.4 Billion Bybit Theft – Decrypt
    Crypto Hacks Practically Match 2024 Whole Due to .4 Billion Bybit Theft – Decrypt
    Crypto News

    Crypto Hacks Practically Match 2024 Whole Due to $1.4 Billion Bybit Theft – Decrypt

    By Crypto EditorMarch 2, 2025No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email



    Crypto Hacks Practically Match 2024 Whole Due to $1.4 Billion Bybit Theft – Decrypt

    This yr is shaping up ominously for the crypto house–and it’s solely February. 

    Knowledge from Blockchain safety agency Immunefi exhibits that the entire cash misplaced in hacks for 2025 is already nearing final yr’s whole of $2.2 billion. 

    With final week’s file Bybit exploit, the quantity for 2025 stands at $1.6 billion. 

    2/ 🚀 Losses skyrocketed in February 2025, reaching a staggering whole of $1.53B from hacks alone. We will’t cease repeating “enhance” this time, so right here it goes: this marks an 18x enhance from February 2024 and a 20x surge MoM 🤯

    — Immunefi (@immunefi) February 27, 2025

    Hackers on Friday stole over $1.4 billion value of Ethereum and Ethereum-related belongings in a fancy operation. Feds now hyperlink the assault to the infamous North Korea state-sponsored Lazarus Group. 

    “The crypto ecosystem has witnessed $1,602,258,100 in whole losses in 2025 year-to-date, representing an 8x enhance in comparison with $200 million throughout the identical interval final yr,” Immunefi mentioned. 

    It added that losses in February have been 20x greater than they have been in January, when hackers received away with $73.9 million. 

    Final week’s Bybit exploit was the largest crypto hack in historical past. Criminals Lazarus focused the centralized trade and took management of an Ethereum chilly pockets throughout a routine switch operation. 

    They then laundered the stolen funds by decentralized exchanges and different obfuscating apps—typical of Lazarus, which has been linked to a number of different assaults—in a bid to cover their tracks and swap the stolen Ethereum for Bitcoin, blockchain analysts have mentioned. 

    Final yr was harmful in crypto, with criminals not solely focusing on the experimental and mistake-prone DeFi world, however more and more attacking centralized platforms—beforehand considered secure. 

    Centralized exchanges are run by corporations whereas apps and DEXs operate robotically—and are due to this fact liable to bugs and hacks. 

    Japanese crypto trade DMM Bitcoin misplaced over 4,500 Bitcoins—value $308 million on the time—to hackers in Could final yr.

    Hackers have already hit two centralized platforms with huge exploits: Bybit and Crypto neo-bank Infini—which misplaced almost $50 million on Monday—compensating for many of 2025’s losses.

    Edited by James Rubin

    Each day Debrief E-newsletter

    Begin each day with the highest information tales proper now, plus authentic options, a podcast, movies and extra.





    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    OKX Introduces Regulated Crypto Derivatives in UAE

    July 29, 2025

    CryptoPunks Ground Value Jumps 8% Amid NFT Revival Buzz

    July 29, 2025

    PayPal's new crypto cost service slashes worldwide transaction charges by 90%

    July 29, 2025

    CryptoPunks Rally Previous $200K Ground for First Time in Over a 12 months Amid NFT Rebound – Decrypt

    July 29, 2025
    Latest Posts

    Rally Stalls for Bitcoin, Ethereum, and XRP—Analysts Cut up on What’s Subsequent – Decrypt

    July 29, 2025

    US seeks to assert $2.4M in Bitcoin seized from ransomware group

    July 29, 2025

    Matrixport Warns of Bitcoin Dip After Hitting This Goal

    July 29, 2025

    MARA Holdings Concludes $950 Million Elevate To Improve Bitcoin Publicity – Particulars | Bitcoinist.com

    July 29, 2025

    Primary XRP Worth Situation Revealed by Bollinger Bands, Bitcoin's Most Harmful Month About to Begin, Stellar (XLM) May Grow to be 'Rock Star’: Crypto Information Digest

    July 29, 2025

    Bitcoin value steadies however fragility danger rises as leverage climbs

    July 29, 2025

    Finish of Bitcoin’s 4-Yr Cycle? Bitwise CIO Sees Safer Market Forward Amid Rising Inflows and Altcoin Momentum | Bitcoinist.com

    July 29, 2025

    SEC Delays Determination on Trump-Linked Bitcoin, Grayscale Solana ETFs – Decrypt

    July 29, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Trump’s Commerce Decide Needs Tether Audited – Will This Shake Up Crypto?

    January 30, 2025

    Switzerland to Share Crypto Knowledge with 74 International locations

    June 7, 2025

    High Performing Crypto to Watch in 2025 – Chilly Pockets, Hedera, VeChain, and Render

    May 1, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.