Top 10 crypto hacks of 2025 caused nearly $2.2B in losses

The 10 largest cryptocurrency hacks of 2025 resulted in approximately $2.2 billion in losses, according to a report by crypto media outlet The Block. The incidents are summarized below. 1. Bybit, Feb. 21, $1.4 billion: Private key theft and phishing, attributed to the Lazarus Group. 2. Cetus, May 22, $223 million: Liquidity drain exploiting fake tokens and a logic error. 3. Balancer (BAL), Nov. 3, $128 million: Exploitation of a calculation bug in a stablecoin pool. 4. Bitget, April 20, $100 million: Flaw in a market-making bot's logic and price manipulation. 5. Phemex, Jan. 23, $85 million: Hot wallet private key leak. 6. Nobitex, June 18, $80 million: Hot wallet hack and internal data breach. 7. Infini, Feb. 24, $49.5 million: Misuse of smart contract admin privileges. 8. BtcTurk, Aug. 14, $48 million: Hot wallet private key leak. 9. CoinDCX, July 19, $44.2 million: Server intrusion. 10. GMX, July 9, $42 million: Exploitation of a vulnerability in a liquidity provider pool's smart contract.