Crypto Hacks Surge in 2025: Is Your Exchange Safe?

Cyberattacks in the crypto market are increasing, raising concerns among investors. In the first half of 2025, the total value of stolen assets exceeded $2 billion, pushing investors toward self-custody solutions such as hardware wallets.

According to Chainalysis, the total cryptocurrency stolen from individual wallets and exchanges reached $2.17 billion during the same period. This represents a 35% increase compared to the same period last year. Moreover, around 23% of the stolen assets came from individual wallets, highlighting the growing security risks for personal crypto holdings.

Crypto Thefts in the First Half of 2025

During the first six months of 2025, cyberattacks on cryptocurrency exchanges resulted in significant losses. Financial Times reported on November 9, 2025, that the total stolen assets exceeded $2 billion. The largest single incident, the Bybit hack, attributed to North Korean-linked groups, involved approximately $1.5 billion in stolen funds. These figures underscore the need for investors to adopt stricter security measures.

Why Investors Are Moving to Their Own Wallets

Centralized exchange custody solutions carry significant risks due to high-volume attacks. Hardware wallets provide protection by keeping private keys under user control, reducing vulnerability to hacks.

Additionally, self-custody solutions help minimize the risks associated with centralized exchanges and increase the overall security of crypto assets.

The Importance of Self-Custody Solutions

Hardware wallets and cold storage systems are critical for investors. By storing crypto assets offline, these solutions prevent potential hacking attempts. Experts predict that self-custody practices will become increasingly popular in the future.

Hardware wallet manufacturers report a significant increase in sales due to growing security concerns. Ledger, Trezor, and Tangem stand out in the market. Analysts note that both individual and institutional users are turning toward secure storage solutions.

Benefits of Self-Custody:

• Full control over assets

• High protection against cyberattacks

• Reduced centralized exchange risk

• Long-term investment security

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