Core Insights - Cybercriminals stole a record $2.7 billion in cryptocurrency in 2025, marking the highest amount ever recorded for crypto thefts [1][4] - The largest single hack occurred at the Dubai-based exchange Bybit, where approximately $1.4 billion was stolen, attributed to North Korean government hackers [2][3] - North Korean hackers have been identified as the most prolific crypto thieves, having stolen at least $2 billion in 2025 and around $6 billion since 2017, using these funds to support their nuclear weapons program [5] Industry Trends - The trend of crypto thefts is increasing, with $2.2 billion stolen in 2024 and $2 billion in 2023, indicating a growing threat to cryptocurrency exchanges and DeFi projects [6][7] - Other notable hacks in 2025 included $223 million from the decentralized exchange Cetus, $128 million from the Balancer protocol, and over $73 million from the exchange Phemex [6]
Hackers stole over $2.7B in crypto in 2025, data shows
Yahoo Finance·2025-12-23 19:00