Hackers stolen greater than 1.63 billion US dollars of cryptocurrency in the primary quarter of 2025, with Bitbit utilization issued greater than 92% of total losses, said Peckshield, the blockchain security company.
Peckshield reported that in January over 87 million dollars of crypto were lost, while February recorded a dramatic increase of 1.53 billion US dollars, which was mainly because of the Bitbit attack. This incident has been considered one of the biggest cryptodie thieves to this point.
In addition to the Bybit hack, other attacks in February caused losses of $ 126 million. This included an Exploit of $ 50 million on Infini, a hack of $ 9.5 million to Zklend and a lack of $ 8.5 million from Ionic.
The hack-related losses decreased significantly in March and decreased by 97% from February. Peckshield reported only 33 million US dollars of crypto assets last month. Some funds were even restored, which contributed to compensating for the damage to users and protocols.
Crypto hacks recorded a rise of 131% in comparison with the previous yr
According to Peckshield, there have been greater than 60 crypto hacks in the primary quarter of 2025. The blockchain security company said that the lack of $ 1.63 billion in the primary quarter of 2025 was $ 131% in comparison with the previous yr in comparison with the primary quarter of 2024, when the loss reached $ 706 million.
The biggest incident in March was a 13 million dollar -Exploit with decentralized financial protocol Abracadabra.money. Peckshield said the attacker emptied 6,260 ether (Eth) from the protocol on March 25.
Krypto -Hack -losses in March. Source: Peckshield
The second largest incident monthly was a hack of $ 8.4 million for the Real World Asset (RWA) restoration protocol Zoth.
On March 21, the safety company Cyvers marked a suspicious zoth transaction, an attacker who pulled 8.4 million US dollars out of the minutes of the protocol. The assets were converted right into a stable coin and transferred to a different address.
While thousands and thousands were lost in March, assets were returned in some cases. On March 7, a crypto hacker, who stole 5 million US dollars from the decentralized Exchange (Dex), returned 90% of the funds.
After an intelligent susceptibility to contract was exploited, the Dex offered the attacker a bount of 10% value 500,000 US dollars to be able to return the remaining of the crypto assets. The hacker committed himself and sent 4.5 million US dollars back to 1 inch.
