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Crypto

Crypto Hacks Drain Over $3.1 Billion Since 2025

Guavy AI Editorial Team
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Crypto platforms have lost over $3.1 billion to hacks and exploits since 2025, according to data from CoinGecko's 2026 State of Crypto Security Report.

The largest incident remains Bybit's February 2025 breach, where attackers drained approximately $1.4 billion in Ethereum from the exchange's multisig wallets, marking the biggest cryptocurrency theft on record.

Bybit's CEO and co-founder Ben Zhou revealed that hackers managed to drain 401,346 ETH from one of the company's cold wallets.

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