Crypto hacks top $1.6B in Q1 2025 — PeckShield

Hackers stole more than $1. 63 billion in cryptocurrency during the first quarter of 2025, with the Bybit exploit accounting for more than 92% of total losses, according to blockchain security firm PeckShield. PeckShield reported that over $87 million in crypto was lost to hacks in January, while February saw a dramatic spike to $1. 53 billion, largely due to the Bybit attack source: https://cointelegraph.com/news/crypto-hack-losses-q1-2025-peckshield?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound