Crypto steals $ 1.7B in K1 2025 as Hakira

Cryptocurrencial cebes saw a sharp growth in the first quarter of 2025. years, with over $ 1.77 billion stolen in different incidents, according to CRIPTOCURRENCE REPORT FINBOLD’S K1 2025.

The data is drawn up using digits with clockcach security firms Slowmist and image in a worrying image for digital assets only three months per year.

One attack did a significant part of the losses to this day. In February, an unknown attacker violated the cold wallet, which belonged to the Cryptocurrenci Exchange Bibit, of which it was 1.5 billion dollars in Ethereum. Only one incident represents almost 85% of the total value stolen in K1, crossing combined losses from the first half of 2024. Years.

If the trend continues, 2025. It can surpass the previous years in the steal values, including 2023 and 2024, which is compared to three quarterly losses in the amount of 452 million dollars, or 1.38 billion dollars, respectively.

Political controversy related to $ 100 million withdrawal

Another incident in K1 that drew significant attention – although it is smaller in the scale – was the collapse of the scales of the scales (Libra), which lost about $ 100 million. The controversy resulted from the public of the Argentine President Javier Miley of the public cryptocurri in his early days. Although there is no evidence that they connect it directly with deception, its support for a source of industrial speculation.

Barstool sports founder Dave Portnoy, who also promoted the token, allegedly lost more than $ 5 million when a coin car was collected.

Return access and contracts

Other attacks in the sector, although less dramatic, further pointed out vulnerabilities in cryptocurnancy platforms.

In February, Neobank based on Hong Kong lost 50 million dollars after the attacker exploited administrator privileges that the developer retained in the Smart Creation Creation platform in the smart contract. The funds were washed through the Criptocurrenci Mixer Tornado Cash.

Two additional hacks are focused in smart contracts. Abracadabra Money suffered a loss of $ 13 million at the end of March due to exploitation in its logic of the contract. Earlier that month, Zkling lost about $ 9.6 million after the attacker used a rounding group to move away 3.61. You from its systems.

The overall influence probably greater than reported

Although the figure is $ 1.77 billion that is already significant, analysts believe that the actual number may be higher. Many attacks do not exist unregistered or organizations cannot discover the full scope of damage.

“1.77 billion dollars registered in C1 2025 incidents. It only reflects public familiar cases,” Finboldi researchers, Jordan Major and Diana Paliurer, reported.

If the pace of losses, 2025. could see more than $ 7 billion in the stealing of the shoulder – more than a triple last year’s total, making the 2025 most ententage year for the sector until today.

Stay safe in the middle of a growing cryptocurnent hack

In addition to hackers associated with cryptocurrent higher over $ 1.7 billion in the first quarter of 2025. years, users remind them of strengthening their digital defense. Although blockcain technology offers robust protection design, individual wallets and access points remain vulnerable to stealing, fraud and phishing attacks.

Trajan King, CFO Cryptocurrenci Shopping Platform ZelikPublished PET Methods Users can take to improve wallet security:

• Use VPN for transactions – Encrypt data and masks IP addresses for reducing lid exposure, DNS leaks and malware during activity.
• Allow double authentication (2Fa) – adds an additional verification step that helps prevent access to an unauthorized account.
• Offline sight Fraze offline – Keep the recovery phrase in a metal wallet or encrypted physical format, not accessing it digitally.
• Consider cold storage – Keep private keys and cryptocurrency property offline to reduce the risk of online.
• Choose a real wallet for your needs – Hardware wallets offer better security for long-term farms, while software banknotes are more convenient for frequent use, but require regular updates.
• Update regularly – Keep wallets, devices and software patched to protect against famous vulnerabilities.

Although no system immune to attacks, after best practice, it can minimize the risk of personal loss, because violations of high profiles and fraud are still affecting the ecosystem of cryptocurrency.

(Photo would Unravel)

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Tags: hi, cryptocurrency, Cyber-CiberSecurity