Khaberni - Recent data from specialized companies in blockchain tracking revealed that hackers stole more than $2.7 billion from cryptocurrencies during the year 2025, recording the highest total ever for digital asset hacks and thefts.
According to reports, this year witnessed dozens of cyberattacks targeting cryptocurrency trading platforms, decentralized finance (DeFi) projects, and Web3 technologies, continuing the wave of attacks that have hit this sector for years.
The largest hack was on the Dubai-based platform "Bybit," where hackers managed to steal approximately $1.4 billion in cryptocurrencies, according to a report published by "Tech Crunch" reviewed by "Al Arabiya Business".
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Blockchain analysis companies, along with the U.S. Federal Bureau of Investigation (FBI), accused North Korean government- affiliated hackers of being behind the attack.
This breach is considered the largest known theft of cryptocurrencies in history and one of the biggest financial theft operations ever.
This comes after previous major thefts reached $624 million in the Ronin network hack, and $611 million in the Poly Network attack, both in 2022.
Chainalysis and TRM Labs estimated the total stolen during 2025 at about $2.7 billion, while "Chainalysis" also noted an additional theft of about $700,000 from individual digital wallets.
De.Fi company, specialized in Web 3 security, which manages the REKT database for monitoring cryptocurrency hacks, confirmed the same estimate for the scale of losses during the year.
As usual, North Korean hackers topped the list of biggest beneficiaries from these attacks, having stolen at least $2 billion during 2025, according to estimates by "Chainalysis" and "Elliptic".
Estimates indicate that Pyongyang has stolen about $6 billion in cryptocurrencies since 2017, using these funds to finance its sanctioned nuclear program.
Other notable attacks this year included the breach of the decentralized Cetus platform, with losses amounting to $223 million, in addition to an attack on the Ethereum-based Balancer protocol, which caused losses estimated at $128 million, and the breach of the Phemex platform resulting in more than $73 million stolen, according to Al Arabiya Net.
Data indicates that the pace of attacks is still on the rise, as the value of stolen cryptocurrencies reached $2.2 billion in 2024, compared to about $2 billion in 2023, highlighting the increasing security challenges facing the digital asset sector.
