ByBit Crypto Heist: First Half of 2025 Records All-time High Crypto Theft

ByBit Crypto Heist: First Half of 2025 Records All-time High Crypto Theft

2025 H1 records all-time crypto theft

In the first half of 2025, hackers stole a record $2.1 billion in cryptocurrency, marking an all-time high. The data highlights the vulnerable state of the cryptocurrency industry. North Korean state-sponsored hackers accounted for 70% of the losses, responsible for USD 1.6 billion, rising as the most notorious nation-state actor in the crypto space, according to a report by TRM Labs

This indicates a significant increase in illegal operations, surpassing the 2022 H1 record by 10% and nearly matching the total amount stolen for the entire 2022 year, highlighting the danger to digital assets. 

Implications of nation-state actors in crypto attacks

The biggest cryptocurrency attack has redefined the H1 2025 narrative, the attack on Dubai-based crypto exchange Bybit. TRM believes the attack highlights a rising effort by the Democratic People’s Republic of Korea (DPRK) for cryptocurrency profits that can h

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This article has been indexed from CySecurity News – Latest Information Security and Hacking Incidents

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