A new report by blockchain intelligence firm TRM Labs has revealed that a staggering $2.1 billion worth of cryptocurrency has been stolen in the first half of 2025 across at least 75 hacks and exploits.
This marks a 10% increase over the previous first-half record set in 2022 and nearly matches total crypto thefts in all of 2024.
The report paints a grim picture of an ecosystem under siege—not just from traditional cybercriminals, but increasingly from state-sponsored actors weaponizing digital assets for geopolitical and strategic ends.