How Much Money Did Crypto Thieves Stole in 2025? $2.17 Billion in 2025 So Far, Mid-Year Data Reveals

Crypto Thefts Cross $2.17 Billion in 2025 So Far, Mid-Year Data Reveals

Three points you will get to know in this article:

1. Crypto thefts in 2025 have already exceeded $2.17 billion, with the $1.5 billion ByBit hack being the largest in history.

2. State-backed and highly sophisticated attacks are on the rise, especially in regions like Eastern Europe, MENA, and South Asia.

3. India faces mounting crypto risks, with major breaches at CoinDCX ($44M) and WazirX ($230M) raising serious concerns over security protocols.

ByBit Hack Alone Accounts for $1.5 Billion in Losses

According to the latest data, crypto thefts in 2025 had already surpassed USD 2.17 billion prior to last week’s USD 44 million CoinDCX hack, highlighting the unceasing rise of cyber threats in the digital currency realm.

According to the 2025 mid-year crypto crime update from blockchain analytics platform Chainalysis, over USD 2.17 billion has been stolen from cryptocurrency services in 2025 so far, and it states that “this year is more devastating than the entirety of 2024”.

By the end of June 2025, the value stolen year-to-date (YTD) had increased by 17% compared to 2022, which was previously recorded as the worst year.

The largest single hack in crypto history, the ByBit hack worth USD 1.5 billion, constitutes the bulk of service losses.

Chainalysis Reports Surge in State-Backed and Sophisticated Attacks

As of 2025, it noted that substantial numbers of victims of stolen funds have appeared in the US, Germany, Russia, Canada, Japan, Indonesia, and South Korea.

“Regionally, the most rapid growth in victim totals from H1 2024 to H1 2025 occurred in Eastern Europe, MENA, and CSAO (Central and Southern Asia and Oceania),” it stated.

The report showed that threat actors who have compromised services generally demonstrate greater sophistication than those who target personal wallets.

According to Chainalysis, at USD 1.5 billion, the ByBit hack is not only the largest crypto theft ever but also constitutes about 69% of all funds stolen from services this year.

It added, “This attack’s complexity and magnitude highlight the advancing abilities of state-backed threat actors in the cryptocurrency domain, occurring after a significant deceleration in late 2024.”

CoinDCX and WazirX Incidents Highlight India’s Growing Risk

In light of the security breach at Indian cryptocurrency exchange CoinDCX, which led to a theft of USD 44.2 million (₹378 crore), the report takes on added significance.

On the social media platform X, CoinDCX co-founders Sumit Gupta and Neeraj Khandelwal reassured customers that their funds were safe and unaffected by the incident, which was confined to an internal operational account.

According to a First Incident Report released on Sunday, the company stated that CoinDCX is fully absorbing the total exposure by utilizing its treasury reserves.

In the previous year, WazirX, a cryptocurrency exchange, experienced a hacking incident in India that resulted in losses exceeding USD 230 million. This event was one of the largest of its kind in the country.  The burglary had led to a detailed investigation of safety protocols and diminished sentiments.

Other significant cryptocurrency thefts include those related to Cetus Protocol, which experienced losses estimated at USD 200–260 million in May of this year, and BigONE, which incurred a theft amounting to USD 27 million in July of 2025.

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