• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: FTX Trust Sues Genesis To Recover $1 Billion Allegedly Misappropriated By SBF
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: FTX Trust Sues Genesis To Recover $1 Billion Allegedly Misappropriated By SBF
Crypto

2025 On Track To Be Record-Breaking Year For Cryptocurrency Theft

Ronaldo Marquez
by Ronaldo Marquez
2 months ago
·
Posted in Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

A recent report from blockchain data and analytics firm Chainalysis reveals a staggering rise in cryptocurrency thefts, with over $2.17 billion stolen from various services in 2025 alone. 

This figure already surpasses the total losses recorded throughout 2024, primarily driven by the unprecedented $1.5 billion hack of ByBit, attributed to North Korean hackers, which stands as the largest single hack in cryptocurrency history and has significantly contributed to the overall losses in the sector.

Total Stolen Crypto Could Exceed $4B By Year-End

By mid-2025, the value of stolen funds had increased by 17% compared to the same period in 2022, which was previously labeled the worst year for crypto thefts. If current trends persist, the firm predicts that total stolen funds could exceed $4 billion by the end of this year. 

Related Reading: The Call Of Altcoin Season: Ethereum Outperformance Of Bitcoin Deepens By 24%

The report also highlights the emergence of “wrench attacks,” where physical violence or coercion is used against crypto holders. These attacks appear to correlate with fluctuations in Bitcoin (BTC) prices, suggesting that criminals are strategically targeting individuals during periods of high asset value.

Geographic trends in crypto thefts reveal that significant concentrations of victims are located in the US, Germany, Russia, Canada, Japan, Indonesia, and South Korea. 

Regions such as Eastern Europe, the Middle East and North Africa (MENA), and Central and South America (CSAO) have seen particularly rapid increases in thefts from the first half of 2024 to the first half of 2025.

On-Chain Stolen Funds Surge

When examining the laundering behaviors of stolen funds, notable distinctions emerge between those stolen from services and those taken from personal wallets. Typically, those who compromise services demonstrate higher levels of sophistication compared to those targeting individual accounts. 

Interestingly, the cost to move stolen funds has declined over time; however, the multiple costs associated with moving funds on-chain have increased significantly. Currently, approximately $8.5 billion in stolen crypto remains on-chain from personal wallet thefts, while funds taken from services amount to $1.28 billion.

Related Reading: XRP News: Former SEC Official Says Ripple Already Paid $125M To SEC, Here’s How

Per the report, the total volume of illicit transactions in 2025 is on track to meet or even surpass last year’s estimated $51 billion, largely attributed to the closure of exchanges like Garantex and the impending FinCEN Special Measures designation of the Huione Group, which has processed over $70 billion in inflows.

The cumulative trend of funds stolen from services presents a stark picture of the escalating threat environment in 2025. The data shows a steep increase in thefts, with this year surpassing the $2 billion mark in just 142 days, a much faster rate compared to previous years. 

By the end of June 2025, total thefts were already 17.27% higher than the same time in 2022. If these trends continue, the year could see more than $4.3 billion stolen from services alone.

Crypto
The 1-D chart shows the total crypto market cap at $3.82 trillion. Source: TOTAL on TradingView.com

Featured image from DALL-E, chart from TradingView.com 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Ronaldo Marquez

Ronaldo Marquez

Follow

Ronaldo is a seasoned crypto enthusiast with over four years of experience in the field. He is passionate about exploring the vast and dynamic world of decentralized finance (DeFi) and its practical applications for achieving economic sovereignty. Ronaldo is constantly seeking to expand his knowledge and expertise in the DeFi space, as he believes it holds tremendous potential for transforming the traditional financial landscape.

Full Profile

Related Posts

crypto

Over 200 Residents Lose Crypto In South Korea Tax Crackdown

1 hour ago
Ethereum

Crypto Bloodbath: Ethereum Endures Largest Liquidation Wave Since 2021, More Decline Ahead?

6 hours ago
Ethereum news

Ethereum Founder Buterin Defends Coinbase Amid Fierce Debate: Here’s Why

7 hours ago
Gemini Picks 3 Best Crypto Presales to Weather the Market Crash

Gemini Picks 3 Best Crypto Presales to Weather the Market Crash

9 hours ago
Best Crypto to Buy as US-UK Crypto Alliance Could Redefine the Sector

US and UK Explore Crypto Regulatory Collaboration – Which Are the Best Cryptos to Buy Now?

11 hours ago
Why Bitcoin Hyper's Layer-2 Could Make Bitcoin Relevant for Developers & Modern Demands

Why Bitcoin Hyper’s Layer-2 Could Make Bitcoin Relevant for Developers & Modern Demands

11 hours ago

Premium Sponsors

Press Releases

  • Bitcoin Hyper

    ChatGPT предсказва следващата 1000x...

    14 hours ago
  • Snorter надхвърли $4 милиона след...

    2 days ago
  • ตัวละครสัตว์ Snorter หน้าตลกโผล่พ้นกำแพงอิฐ

    นักลงทุนแห่เข้าซื้อ...

    5 days ago
  • Little Pepe ($LILPEPE) presale crosses $25 million milestone as investors eye exchange listings and meme coin Layer-2 blockchain growth.

    Little Pepe Presale Surges Past $25M as Stage 12 Sells Out...

    5 days ago
  • As Demand Grows for Ease, MEXC Adds Apple Pay and Google Pay for Instant Crypto Purchases

    As Demand Grows for Ease, MEXC Adds Apple Pay and Google...

    6 days ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.