Bybit Report: Crypto Hacks Surpass $3.1B in 2025 Amid Rising AI Threats and Security Flaws

Losses from cryptocurrency hacks have skyrocketed to over $3.1 billion in 2025, already exceeding the total losses of $2.85 billion recorded in 2024. This alarming surge is attributed to access-control vulnerabilities, outdated codebases, and increasingly sophisticated AI-driven exploits. As Web3 adoption continues to expand globally, the security crisis in both DeFi and CeFi systems deepens, with Hacken's analysis highlighting structural weaknesses at human and process levels. The rapid escalation of threats underscores the urgent need for enhanced security measures and proactive risk management in the crypto space.

Crypto Hacks Exceed $3.1B in 2025 as Access-Control Flaws and AI Threats Mount

Losses from cryptocurrency hacks have surged past $3.1 billion in 2025, driven by access-control vulnerabilities, outdated codebases, and AI-driven exploits. This figure already eclipses the $2.85 billion recorded for all of 2024, signaling a deepening security crisis as Web3 adoption grows globally.

Hacken's analysis reveals structural weaknesses in both DeFi and CeFi systems, with human and process-level security flaws now surpassing cryptographic vulnerabilities as the primary attack vector. While high-profile incidents like the $1.5 billion Bybit hack stand out, most losses stem from preventable issues—outdated code, misconfigured permissions, or unprotected APIs.

Access-control vulnerabilities account for 59% of stolen funds in 2025, totaling roughly $1.83 billion. The scale and sophistication of attacks have intensified, with hackers increasingly targeting legacy smart contracts and stale admin logic in decentralized protocols.

Solana Price Prediction: Analyst Eyes $500 Breakout Amid Market Dip

Solana (SOL) retreated 6% in the past 24 hours, yet Bybit's top-ranked trader Christiaan remains bullish, forecasting a surge to $400-$450. The DeFi investor and exchange partner shared a chart suggesting SOL could first rally to $300 before a pullback and subsequent push beyond $400. This WOULD mark Solana's second all-time high this year, potentially signaling the start of altcoin season.

Regulatory tailwinds are fueling optimism. The recent passage of the Genius Act and progress on two additional crypto bills in Congress have created a favorable backdrop. Meanwhile, Solana's ecosystem shows strength beyond its native token—Pudgy Penguins' meme coin (PENGU) gained 400% monthly, with Bonk (BONK) and Fartcoin (FARTCOIN) posting 158% rallies.