According to PeckShieldAlert, February 2025 witnessed 20 crypto hacks totaling approximately $1.51 billion in losses, marking it as the most financially devastating month in cryptocurrency history. Notably, Bybit suffered a massive $1.43 billion hack, making it the largest breach in the past five years. This highlights the urgent need for enhanced security measures among crypto exchanges to prevent such significant financial impacts on the market.

According to The Kobeissi Letter, the largest crypto hacks in history have significantly impacted trading markets, with Bybit's 2025 hack leading at $1.5 billion. This event highlights the ongoing risks associated with crypto exchanges, emphasizing the need for traders to prioritize security measures when engaging with these platforms.

According to PeckShieldAlert, crypto hacks in 2024 have surpassed 300 incidents with losses exceeding $2.15 billion, marking a 30% increase from 2023.

According to PeckShieldAlert, 2024 has seen a notable increase in crypto-related hacking activities, with total losses surpassing $3.01 billion.

According to ZachXBT, a significant percentage of cryptocurrency hacks are traceable. This insight suggests that despite the decentralized and often anonymous nature of cryptocurrencies, there are still effective methods and tools available to track and potentially recover stolen assets. This information is crucial for traders and investors who are concerned about the security of their digital assets.