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Report: 75 cryptocurrency thefts in the first half of the year resulted in a total of $2.1 billion stolen, exceeding the first-half record set in 2022

The Internet reported that the latest TRM cryptocurrency crime report shows that cryptocurrency thefts surged in the first half of 2025, with at least 75 attacks resulting in the theft of more than $2.1 billion, almost the same as the total in 2024 and exceeding the first half of the year set in 2022. However, the report showed that the $1.5 billion Bybit hack in February accounted for nearly 70% of the total losses. In addition to the huge loss in February, January, April, May and June were the only four months in which losses exceeded $100 million. Only March had a loss of less than $100 million. "In the first half of 2025, crimes committed by North Korea-related groups accounted for US$1.6 billion of total stolen funds, accounting for approximately 70% of all stolen funds," the report concluded. At the same time, the TRM team found that infrastructure attacks such as private key and mnemonic theft or front-end breaches accounted for more than 80% of stolen funds in the first half of 2025. On the other hand, protocol vulnerabilities accounted for another 12%, highlighting the persistent vulnerabilities in DeFi smart contracts.

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