{"id":39418,"date":"2025-04-01T14:30:05","date_gmt":"2025-04-01T11:30:05","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=39418"},"modified":"2025-04-01T13:15:54","modified_gmt":"2025-04-01T10:15:54","slug":"crypto-attacks-exceed-1-6-billion-in-q1-2025","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/crypto-attacks-exceed-1-6-billion-in-q1-2025\/","title":{"rendered":"Crypto Attacks Exceed $1.6 Billion in Q1 2025"},"content":{"rendered":"<p><a href=\"https:\/\/coinengineer.net\/blog\/eurozone-annual-consumer-price-index-cpi-released\/\"><strong>Crypto attacks<\/strong> <\/a>caused a loss of<strong> $1.63 billion in Q1 2025<\/strong>, marking a 131% year-over-year increase.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/crypto-attacks-exceed-1-6-billion-in-q1-2025\/#Crypto_Attacks_in_Q1_2025_Bybit_Breach_in_the_Spotlight\" title=\"Crypto Attacks in Q1 2025: Bybit Breach in the Spotlight\">Crypto Attacks in Q1 2025: Bybit Breach in the Spotlight<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/crypto-attacks-exceed-1-6-billion-in-q1-2025\/#Over_60_Crypto_Attacks_in_Q1\" title=\"Over 60 Crypto Attacks in Q1\">Over 60 Crypto Attacks in Q1<\/a><\/li><\/ul><\/nav><\/div>\n<h2 data-start=\"0\" data-end=\"60\"><span class=\"ez-toc-section\" id=\"Crypto_Attacks_in_Q1_2025_Bybit_Breach_in_the_Spotlight\"><\/span>Crypto Attacks in Q1 2025: Bybit Breach in the Spotlight<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p class=\"\" data-start=\"62\" data-end=\"512\">Blockchain security firm <strong data-start=\"87\" data-end=\"101\">PeckShield<\/strong> reported that over <strong data-start=\"121\" data-end=\"138\">$1.63 billion<\/strong> in cryptocurrency was stolen in the first quarter of 2025, with the majority of the losses attributed to the <strong data-start=\"248\" data-end=\"264\">Bybit breach<\/strong>. In January, <strong data-start=\"278\" data-end=\"293\">$87 million<\/strong> worth of cryptocurrency was lost, while attacks surged in February, reaching <strong data-start=\"371\" data-end=\"388\">$1.53 billion<\/strong>. This significant increase was largely tied to the <strong data-start=\"440\" data-end=\"456\">Bybit attack<\/strong>, which became one of the largest crypto thefts to date.<\/p>\n<p class=\"\" data-start=\"514\" data-end=\"745\">In addition to the <strong data-start=\"533\" data-end=\"549\">Bybit breach<\/strong>, other attacks in February also contributed to the losses, including a <strong data-start=\"621\" data-end=\"636\">$50 million<\/strong> attack on the Infini protocol, a <strong data-start=\"670\" data-end=\"686\">$9.5 million<\/strong> hack on zkLend, and <strong data-start=\"707\" data-end=\"723\">$8.5 million<\/strong> in losses from Ionic.<\/p>\n<p class=\"\" data-start=\"747\" data-end=\"1008\">Hack incidents decreased significantly in March, with a <strong data-start=\"803\" data-end=\"815\">97% drop<\/strong> in losses. <strong data-start=\"827\" data-end=\"841\">PeckShield<\/strong> reported that only <strong data-start=\"861\" data-end=\"876\">$33 million<\/strong> worth of crypto assets were stolen in March, and some funds were recovered, partially offsetting the damage to users and protocols.<\/p>\n<h2 data-start=\"1010\" data-end=\"1042\"><span class=\"ez-toc-section\" id=\"Over_60_Crypto_Attacks_in_Q1\"><\/span>Over 60 Crypto Attacks in Q1<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p class=\"\" data-start=\"1044\" data-end=\"1444\">According to <strong data-start=\"1057\" data-end=\"1071\">PeckShield<\/strong>, over <strong data-start=\"1078\" data-end=\"1099\">60 crypto attacks<\/strong> occurred in the first quarter of 2025, resulting in <strong data-start=\"1152\" data-end=\"1169\">$1.63 billion<\/strong> in losses, a <strong data-start=\"1183\" data-end=\"1200\">131% increase<\/strong> compared to the same period in 2024. The largest attack in March was a <strong data-start=\"1272\" data-end=\"1287\">$13 million<\/strong> exploit targeting the <strong data-start=\"1310\" data-end=\"1336\">Abracadabra.Money DeFi<\/strong> protocol. Additionally, an <strong data-start=\"1364\" data-end=\"1380\">$8.4 million<\/strong> attack on the <strong data-start=\"1395\" data-end=\"1417\">Zoth RWA restaking<\/strong> protocol gained attention.<\/p>\n<p class=\"\" data-start=\"1446\" data-end=\"1644\">In March, total losses decreased by <strong data-start=\"1482\" data-end=\"1489\">97%<\/strong> to <strong data-start=\"1493\" data-end=\"1508\">$33 million<\/strong>, with some assets being returned. For example, <strong data-start=\"1556\" data-end=\"1581\">90% of the $5 million<\/strong> stolen from the <strong data-start=\"1598\" data-end=\"1616\">1inch exchange<\/strong> was returned by the hacker.<\/p>\n<hr \/>\n<p class=\"\" data-start=\"1446\" data-end=\"1644\"><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Telegram,\u00a0<\/strong><\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"nofollow noopener\"><strong>YouTube<\/strong><\/a>,\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Twitter<\/strong><\/a>\u00a0channels for the latest\u00a0<a title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\">news<\/a>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto attacks caused a loss of $1.63 billion in Q1 2025, marking a 131% year-over-year increase. Crypto Attacks in Q1 2025: Bybit Breach in the Spotlight Blockchain security firm PeckShield reported that over $1.63 billion in cryptocurrency was stolen in the first quarter of 2025, with the majority of the losses attributed to the Bybit<\/p>\n","protected":false},"author":29,"featured_media":37205,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[13812,12052,8347,3822],"class_list":["post-39418","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-1-63-billion-loss","tag-bybit-hack","tag-crypto-attacks","tag-peckshield"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Crypto Attacks Exceed $1.6 Billion in Q1 2025 - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/crypto-attacks-exceed-1-6-billion-in-q1-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crypto Attacks Exceed $1.6 Billion in Q1 2025 - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Crypto attacks caused a loss of $1.63 billion in Q1 2025, marking a 131% year-over-year increase. 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