TRM Labs: $2.1 billion in stolen cryptocurrencies so far this year, of which private key vulnerabilities and front-end protocol attacks account for 80%
According to online reports, blockchain intelligence company TRM Labs said that in the first half of 2025, cryptocurrency losses caused by attacks amounted to US$2.1 billion, most of which were caused by leakage of encryption private keys and front-end intrusions. TRM Labs released a report on Thursday stating that of the 75 cryptocurrency hacking incidents so far this year, more than 80% of stolen funds came from so-called infrastructure attacks. On average, such attacks take away 10 times more money than other types of attacks. Infrastructure attacks target the technical backbone of the system and aim to gain unauthorized control, mislead users, or redirect assets. They include hijacking private key mnemonic words for cryptographic wallets or using cryptographic protocols as part of the user interface (i.e. front end).
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