Crypto Hacks Surge in H1 2025, Surpassing 2024 Losses as CertiK Logs $184M in Recoveries
Crypto scammers have evolved their tactics. According to a recent report by the blockchain security firm CertiK, crypto hacks have evolved into social engineering of victims to reveal sensitive information instead of targeting contract vulnerabilities. So far in 2025, more than $2.2 billion has been stolen from investors by crypto hackers. The report by CertiK.. The post Crypto Hacks Surge in H1 2025, Surpassing 2024 Losses as CertiK Logs $184M in Recoveries appeared first on 99Bitcoins.
Crypto scammers have evolved their tactics. According to a recent report by the blockchain security firm CertiK, crypto hacks have evolved into social engineering of victims to reveal sensitive information instead of targeting contract vulnerabilities.
So far in 2025, more than $2.2 billion has been stolen from investors by crypto hackers. The report by CertiK suggests that a sizeable chunk of these crypto hacks have come from phishing attacks and wallet compromises.
Additionally, the report emphasises that a few major incidents among numerous hacks have caused significant losses and can be traced back to state-backed perpetrators or critical infrastructure flaws.
Notably, CertiK mentions that the attacks on Bybit and Cetus Protocol have somewhat skewed the data since they accounted for about $1.78 billion of total losses, pushing these 2025 numbers above last year.
Bybit suffered the biggest attack on its assets this year in February 2025, which left a $1.5 billion hole in its pocket.
In the case of Cetus Protocol, a decentralised exchange based on Sui, the hackers used spoofed tokens and price manipulation to drain liquidity, leading to a loss of $225 million. Sui validators were able to freeze and return $162 million from the larger stolen amount.
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