Major Exploits of 2025
Introduction
Crypto losses reached $3.4B in 2025, closely matching 2024's totals. However, the nature of theft shifted dramatically. North Korean hackers led the charge, with losses concentrated in fewer but larger attacks.
The trend is clear: exploits now target supply chains and human weaknesses rather than just smart contract vulnerabilities. Traditional security like audits and multisig wallets are proving insufficient.
Bybit Hack
February's Bybit breach ranks among 2025's worst, with $1.4-1.5B stolen. The FBI traced it to North Korea's TraderTraitor group within da