PANews reported on June 29 that according to News.bitcoin, the latest TRM cryptocurrency crime report showed that cryptocurrency thefts surged in the first half of 2025, with at least 75 attacks resulting in more than $2.1 billion stolen, almost the same as the total in 2024 and exceeding the first half record set in 2022. However, the report showed that the $1.5 billion Bybit hack in February accounted for nearly 70% of the total losses. In addition to the huge losses in February, January, April, May and June were the only four months with losses exceeding $100 million. Only in March were the losses less than $100 million.

“In the first half of 2025, crimes committed by groups associated with North Korea accounted for $1.6 billion of total stolen funds, or about 70% of all stolen funds,” the report concluded. Meanwhile, the TRM team found that infrastructure attacks such as private key and mnemonic theft or front-end intrusions accounted for more than 80% of stolen funds in the first half of 2025. On the other hand, protocol vulnerabilities accounted for another 12%, highlighting the continued existence of vulnerabilities in DeFi smart contracts.