Crypto Hack Havoc: $1.7B Vanishes Before Mid-2025—Immunefi Sounds Alarm

BTCC / BTCC Square / decryptCO /

Author:

Release Time:

2025-04-30 18:42:31

Crypto Losses of $1.7 Billion Already Surpass Total 2024 Mark: Immunefi

Blockchain’s ’trustless’ system proves costly—again. Hackers and rug-pulls have already eclipsed 2024’s total losses, with $1.7 billion evaporated by May 2025.

DeFi remains the prime target, accounting for 80% of the heists. Centralized exchanges? Surprisingly, they’ve tightened security—or hackers just prefer decentralized chaos.

Meanwhile, VCs keep writing checks to the same teams building ’unhackable’ protocols. Maybe next time they’ll audit the code before the Lambo purchases.

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.Your EmailGet it!Get it!

By:

Log in to Reply

Hollywood Snags Rights to $750M Bitcoin-in-a-Landfill Saga—Because Wall Street Wasn’t Tragic Enough

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.