Crypto Losses Hit Record $3.4B, Big Game Hunting by Hackers
Update: 2025-12-18
Description
Crypto losses soar to $3.4 billion this year, with hackers targeting large-scale big game hunting incidents. Bybit hack contributes nearly half of the total losses, marking a significant increase in stolen funds. Personal wallets also become popular targets, with a tripling of incidents but a decline in overall stolen amounts. North Korean hacker groups responsible for over $2 billion in stolen cryptocurrency, indicating a rise in sophistication. DeFi protocols see lower stolen amounts, suggesting improved security measures.
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