Losses in crypto security incidents in Q1 2025 increased by 96% year over year.

From Yahoo Finance: 2025-04-06 13:45:00

Losses in crypto security incidents in Q1 2025 nearly doubled compared to Q1 2024, with $2 billion lost. Access control attacks were a major concern, accounting for over $1.6 billion of the losses. The dominance of these exploits has been a trend, targeting infrastructure like websites to steal user funds. Bad actors have also developed new money laundering tactics, such as leveraging bets on trading platforms. Despite these challenges, the industry saw no significant rise in decentralized finance exploits, suggesting protocol design maturity. The industry continues to adapt to evolving threats in the crypto space.



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