Crypto Hacks Surge in 2025 with $2.1 Billion Already Stolen

The cryptocurrency industry is grappling with an unprecedented security crisis in 2025. Blockchain intelligence firm TRM Labs reports that hackers have siphoned off $2.1 billion in digital assets during the first half of the year alone. With 75 major incidents targeting exchanges, wallets, and platforms, this year is on track to become the most devastating period in crypto cybersecurity history.

Infrastructure-level vulnerabilities account for over 80% of losses, with seed phrase thefts and front-end breaches emerging as the dominant attack vectors. These sophisticated exploits target the Core of blockchain platforms—compromising private keys, seed phrases, and user interfaces through social engineering or insider access. The scale of damage from such attacks dwarfs traditional phishing attempts by an order of magnitude.