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    Home»Crypto News»Crypto hacks high $1.6B in Q1 2025 — PeckShield
    Crypto hacks high .6B in Q1 2025 — PeckShield
    Crypto News

    Crypto hacks high $1.6B in Q1 2025 — PeckShield

    By Crypto EditorApril 1, 2025No Comments2 Mins Read
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    Hackers stole greater than $1.63 billion in cryptocurrency through the first quarter of 2025, with the Bybit exploit accounting for greater than 92% of complete losses, in keeping with blockchain safety agency PeckShield.

    PeckShield reported that over $87 million in crypto was misplaced to hacks in January, whereas February noticed a dramatic spike to $1.53 billion, largely because of the Bybit assault. That incident was one of many largest crypto thefts thus far.

    Along with the Bybit hack, different assaults in February induced $126 million in losses. This included a $50-million exploit focusing on Infini, a $9.5-million hack on zkLend and an $8.5-million loss from Ionic.  

    Hack-related losses dropped considerably in March, reducing by 97% from February. PeckShield reported solely $33 million in crypto property had been stolen final month. Some funds had been even recovered, serving to offset harm to customers and protocols.