
Plotyan
@plotyan
1013 Following
701 Followers
Crypto projects lost $2 billion due to hacks and scams 😐
In Q1 2025, losses from hacks, rug pulls, and exploits exceeded $2 billion. Bybit was the leader, losing $1.4 billion as a result of a phishing attack associated with Lazarus Group.
Also among the top ten largest incidents were Libra ($286M), Phemex ($85M), and Infini ($49.5M). The main reasons were compromised private keys, code errors, and attacks on liquidity pools.
The most vulnerable were CEX, DeFi, and protocols with insufficient security from developers. 0 reply
1 recast
3 reactions
0 reply
1 recast
2 reactions
0 reply
1 recast
2 reactions
1 reply
1 recast
3 reactions
0 reply
0 recast
0 reaction
0 reply
0 recast
2 reactions
0 reply
2 recasts
6 reactions
0 reply
1 recast
2 reactions
0 reply
2 recasts
4 reactions
0 reply
1 recast
4 reactions
6 replies
1 recast
7 reactions
0 reply
0 recast
0 reaction
2 replies
1 recast
4 reactions
1 reply
1 recast
3 reactions
1 reply
0 recast
4 reactions
0 reply
1 recast
8 reactions
0 reply
1 recast
8 reactions
0 reply
0 recast
3 reactions
0 reply
1 recast
6 reactions
0 reply
1 recast
3 reactions