Record $1.4 Billion Bybit Theft Highlights 2025 Crypto Hack Surge
- Total crypto losses in 2025 have reached $1.6 billion, nearing last year’s $2.2 billion.
- February 2025 saw a record $1.53 billion lost to hacks, an 18x increase from February 2024.
- The Bybit hack resulted in over $1.4 billion worth of Ethereum being stolen.
- The attack is linked to North Korea’s Lazarus Group, known for previous cybercrimes.
- February losses were 20 times higher than January’s $73.9 million loss.
This year’s crypto losses have soared due to the Bybit exploit, with hackers stealing over $1.4 billion in Ethereum-related assets and contributing to a total loss of $1.6 billion so far in 2025.
Source (2.6)https://decrypt.co/308115/crypto-hackers-nearing-2024-exploits-bybit-theft?rand=52368
