![](\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDQvMDE5NWYwNDktMTkxNC03MDcwLTg2YTEtY2QyZTFiNzMyMjAx.jpg\")
\n <\/p>\n\n \n <\/p>\n
Crypto hacks totaled $1.63 billion in Q1 2025, up 131% year over year, with the Bybit breach alone accounting for 92% of the losses.<\/p>\n
Hackers stole more than $1.63 billion in cryptocurrency during the first quarter of 2025, with the Bybit exploit accounting for more than 92% of total losses, according to blockchain security firm PeckShield.<\/p>\n
PeckShield reported that over $87 million in crypto was lost to hacks in January, while February saw a dramatic spike to $1.53 billion, largely due to the Bybit attack. That incident was one of the largest crypto thefts to date.<\/p>\n
In addition to the Bybit hack, other attacks in February caused $126 million in losses. This included a $50-million exploit targeting Infini, a $9.5-million hack on zkLend and an $8.5-million loss from Ionic.\u00a0\u00a0<\/p>\n
Read more<\/p>\n<\/p>\n
If you liked the article, do not forget to share it with your friends. Follow us on\u00a0Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n
\nIf you want to read more News<\/a> articles, you can visit our General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n