Global Ledger: Cryptocurrency thefts exceed $3 billion in 2025, and nearly 70% of funds are transferred before exposure

On-chain analytics company Global Ledger released a report indicating that 119 crypto attacks occurred in the first half of 2025, involving a total amount of $3.01 billion, which has already exceeded the total amount for the entire year of 2024. The report reveals that hackers are significantly accelerating their money laundering speed, with nearly 70% of funds being transferred before the attack is made public, and in nearly 23% of cases, money laundering is completed before the incident is disclosed, with the fastest taking only 3 minutes. The report states that only 4.2% of stolen funds were recovered; among these, 15.1% were transferred through centralized exchanges (CEX), which typically have only a 10-15 minute blocking time. CEX has become the largest attack target, accounting for as high as 54.26%. (Cointelegraph)