- Global Ledger reports over $3.01 billion stolen through crypto hacks.
- Centralized exchanges account for over 54% of losses.
- Funds laundering accelerates, with minimal recovery.
Over $3.01 billion was stolen through 119 crypto hacks in the first half of 2025, primarily impacting centralized exchanges, reports Swiss blockchain analytics firm Global Ledger.
These losses highlight systemic vulnerabilities in centralized exchanges, affecting investor confidence and prompting calls for improved security measures across the crypto sector.
Global Ledger Report
Global Ledger has reported that over $3.01 billion has been stolen through crypto hacks in the first half of 2025. This figure marks a record pace, having already surpassed the total crypto losses in 2024.
“This unprecedented pace of losses in H1 2025 surpasses all losses recorded in 2024, highlighting the systemic vulnerabilities within centralized exchanges.”
Financial Implications and Security
Individuals and institutions storing assets on these exchanges face heightened risks. The speed of laundering was notable, with many funds moved before breach disclosures, indicating sophisticated operational capabilities. According to the Global Ledger report, only 4.2% of the stolen funds were recovered in this half-year window. The rapid laundering of assets diminishes recovery efforts, underlining the critical need for enhanced security measures.
Stakeholders’ Reaction and Trends
The crypto community has not witnessed public reactions from major industry leaders regarding these findings. Regulatory and institutional updates are lacking, leaving stakeholders to rely on the detailed report from Global Ledger. Historical data reveals 2025 has set a new precedent for theft rates, surpassing previous years. The focus remains on enhancing security measures and addressing the systemic vulnerabilities exposed by these hacks. Strengthening anti-money laundering mechanisms is essential for future protection.
Disclaimer: The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions. |