Crypto hacks hit $1.6B in Q1 2025: Bybit, Phemex among biggest victims

Crypto hacks surged to record levels in the first quarter of 2025, with losses surpassing $1.6 billion, according to fresh data from blockchain security firm Immunefi. This marks the worst quarter on record for the digital assets industry in terms of security breaches, eclipsing the $706 million lost in the same period last year. Most […]