Hackers Haul $1.63B in Crypto in Q1 2025!

In the wild world of cryptocurrency, a whopping $1.63 billion was stolen by hackers during the first quarter of 2025, according to blockchain security firm PeckShield. This towering figure, primarily fueled by the monumental hack of Bybit, saw hackers absconding with an eye-watering $1.53 billion in February alone. Despite a slight reprieve in March, where losses fell significantly, these attacks showcase a dramatic 131% increase in crypto fraud compared to the same period in 2024. The stakes in blockchain security have never been higher!