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Category: Crypto General -> Security
Type: article
The article titled "2025 Crypto Crime Mid-Year Update" from Chainalysis provides a comprehensive overview of the current state of cryptocurrency-related crime as of mid-2025. Key points include: Increased Theft: By the end of June 2025, 17% more value had been stolen year-to-date compared to 2022, which was previously the worst year on record. Major Hack: The Democratic People's Republic of Korea (DPRK) was responsible for a $1.5 billion hack of ByBit, the largest single hack in crypto history, accounting for the majority of service losses. Projected Losses: Stolen funds are projected to potentially reach $4 billion by the end of 2025 if current trends continue. Personal Wallet Compromises: There is a growing trend of attackers targeting individual users, with personal wallet compromises representing 23.35% of all stolen fund activity year-to-date in 2025. Wrench Attacks: These physical attacks against crypto holders, which involve violence or coercion, are becoming more common and show a correlation with Bitcoin price movements.
