$181M Recovered From Hackers, But Crypto Still Lost $620M in Q2
The post $181M Recovered From Hackers, But Crypto Still Lost $620M in Q2 appeared on BitcoinEthereumNews.com. Crypto and Web3 security incidents led to over $801.3 million in losses across 144 incidents in Q2 2025. CertiK reported that this reflects a 52.1% decrease in value lost from the previous quarter. The quarter also saw 59 fewer incidents during this period. Ethereum Hit Hardest Again Phishing was the most damaging attack vector, as it saw $395 million being stolen across 52 incidents. Code vulnerabilities followed suit and recorded $235.8 million in losses across 47 incidents. In its latest report, CertiK said that Ethereum saw the highest number of incidents. The network recorded 70 hacks, scams, and exploits, resulting in $65.4 million in losses for the quarter. Additionally, funds worth $181 million were recovered, which brought the adjusted losses for the second quarter to $620.4 million. The average loss per incident was $4.3 million, while the median was around $104,000. Zooming out, the blockchain security firm also reported total losses of $2.47 billion across 344 incidents for the first half of 2025. Wallet compromises were the costliest during this period, as these breaches accounted for $1.71 billion in losses across 34 incidents. Next up was phishing, with $410.7 million stolen across 132 incidents, which made it the most frequent attack type so far this year. So far this year, Ethereum recorded 175 incidents in H1, resulting in $1.63 billion in losses. A total of $187.3 million was recovered in the first half of the year, pushing the adjusted total losses to $2.29 billion. Meanwhile, the average loss per incident for H1 was $7.13 million, with a median loss of $89,026. Two Major Hacks Skew Trend CertiK noted that while headline figures suggest worsening crypto security, two incidents alone accounted for around $1.78 billion of 2025’s losses – the Bybit hack and the Cetus Protocol breach. Hackers exploited Bybit’s cold…
The post $181M Recovered From Hackers, But Crypto Still Lost $620M in Q2 appeared on BitcoinEthereumNews.com.
Crypto and Web3 security incidents led to over $801.3 million in losses across 144 incidents in Q2 2025. CertiK reported that this reflects a 52.1% decrease in value lost from the previous quarter. The quarter also saw 59 fewer incidents during this period. Ethereum Hit Hardest Again Phishing was the most damaging attack vector, as it saw $395 million being stolen across 52 incidents. Code vulnerabilities followed suit and recorded $235.8 million in losses across 47 incidents. In its latest report, CertiK said that Ethereum saw the highest number of incidents. The network recorded 70 hacks, scams, and exploits, resulting in $65.4 million in losses for the quarter. Additionally, funds worth $181 million were recovered, which brought the adjusted losses for the second quarter to $620.4 million. The average loss per incident was $4.3 million, while the median was around $104,000. Zooming out, the blockchain security firm also reported total losses of $2.47 billion across 344 incidents for the first half of 2025. Wallet compromises were the costliest during this period, as these breaches accounted for $1.71 billion in losses across 34 incidents. Next up was phishing, with $410.7 million stolen across 132 incidents, which made it the most frequent attack type so far this year. So far this year, Ethereum recorded 175 incidents in H1, resulting in $1.63 billion in losses. A total of $187.3 million was recovered in the first half of the year, pushing the adjusted total losses to $2.29 billion. Meanwhile, the average loss per incident for H1 was $7.13 million, with a median loss of $89,026. Two Major Hacks Skew Trend CertiK noted that while headline figures suggest worsening crypto security, two incidents alone accounted for around $1.78 billion of 2025’s losses – the Bybit hack and the Cetus Protocol breach. Hackers exploited Bybit’s cold…
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