Global cryptocurrency theft surged in 2025 as fewer but larger attacks caused record losses across major platforms worldwide.
The global cryptocurrency market suffered another difficult year in 2025, with stolen digital assets rising to over $3.4 billion, according to a new report by Chainalysis. This represents a 54% increase from the $2.2 billion lost to hacks in 2024.
The report highlights a shift in crypto crime, marked by fewer but far more damaging attacks. A single incident, the February 2025 hack of crypto exchange Bybit, accounted for about $1.5 billion, making it the largest crypto theft in history. Overall, the top three hacks caused 69% of total losses, showing how concentrated the damage has become.
North Korea remained the biggest threat actor, with hackers linked to the country stealing at least $2.02 billion, or 76% of service-related losses. Chainalysis also noted a sharp rise in personal wallet compromises and increasingly sophisticated social engineering tactics, raising serious concerns about systemic risks in the crypto industry.
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