US EditionNorth Korean Hackers Top Crypto Exploits List, But Another State May Surprise You
- In the first six months of 2025, cryptocurrency theft surged to an unprecedented total of $2.1 billion, with the largest single breach being a $1.5 billion hack of the Dubai-based exchange Bybit in February.
- The increase was driven by a rise in state-sponsored cyber operations, with North Korean-linked groups accounting for about 70% of the stolen funds, and by breaches focused on compromising critical security credentials such as private keys and seed phrases.
- In a notable June 18 incident, the Israel-aligned group Gonjeshke Darande hacked Iran's Nobitex exchange and stole over $90 million, sending funds to unspendable wallets.
- The average hack size nearly doubled to $30 million, and TRM Labs emphasized the urgency for unified industry efforts, including improved security measures and global cooperation to track and prevent such thefts.
- These trends suggest that crypto thefts increasingly serve geopolitical objectives, urging the sector to strengthen cybersecurity practices and enhance cross-border law enforcement collaboration.
19 Articles
19 Articles
Crypto Hacks Hit $2.1B In H1 2025, TRM Labs Cites Surge In State-Sponsored Crime
TRM Labs confirmed that $1.6B in crypto losses were caused by North Korea-related hacks in H1 2025. The Bybit breach alone accounted for nearly 70% of H1 2025 crypto losses, totaling $1.5B. Infrastructure attacks made up over 80% of stolen crypto funds in the first half of 2025. The new report by blockchain intelligence company TRM Labs reported 75 incidents involving stolen crypto assets worth more than $2.1 billion in the first half of 2025. T…
Private Key Leaks And Front-end Hacks Dominate 2025 Crypto Thefts
According to TRM Labs, the first half of 2025 saw Crypto thefts reach $2.1 billion, which was more than the record set in 2022 and equal to the total losses in 2024. Assaults on infrastructure that stole private keys and seed phrases caused more than 80% of these losses. There were 75 of these assaults, each costing an average of $30 million, which is twice the $15 million average in early 2024. The size of these attacks shows how advanced hack…
The crypto is stolen in 2025: from private keys to state attacks. Bybit, a monumental hack. When governments are interested in crypto-thefts, it changes completely. Explanations below. Article 2025: Attacks on private keys and protocols explode, find out how to protect yourself appeared first on Cointribune.
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