BTCC
/
BTCC Square
/
decryptCO
/
Crypto Hack Havoc: $1.7B Vanishes Before Mid-2025—Immunefi Sounds Alarm
Crypto Hack Havoc: $1.7B Vanishes Before Mid-2025—Immunefi Sounds Alarm
16
3
Blockchain’s ’trustless’ system proves costly—again. Hackers and rug-pulls have already eclipsed 2024’s total losses, with $1.7 billion evaporated by May 2025.
DeFi remains the prime target, accounting for 80% of the heists. Centralized exchanges? Surprisingly, they’ve tightened security—or hackers just prefer decentralized chaos.
Meanwhile, VCs keep writing checks to the same teams building ’unhackable’ protocols. Maybe next time they’ll audit the code before the Lambo purchases.
Daily Debrief Newsletter
Start every day with the top news stories right now, plus original features, a podcast, videos and more.Your EmailGet it!Get it!
By:
