Global Ledger’s previous Crypto Hacks Report covered 265 major hacks in 2024, resulting in losses totalling $1.94 billion. What did Q1 2025 bring?
The first quarter of 2025 proved to be one of the most “damaging” periods in crypto hack history. Approximately $1.84 billion was stolen across 43 incidents in just three months, nearly matching last year’s total losses.
Hackers act fast: on average, 43.83 hours pass between an on-chain breach and public disclosure, with funds reaching the target entity in under 68 hours. What’s more, stolen funds are typically moved from the hacker’s wallet to the first identified entity — such as an exchange, mixer, or DeFi protocol — in 46.74 hours.
These movements highlight the critical need for real-time monitoring and swift response capabilities in crypto security.
In this 2025 Q1 Crypto Hacks Report, the Global Ledger breaks down the biggest breaches by type, target profile, and patterns behind the attacks.
What you’ll learn from the report:
- What is the most common attack vector used by hackers?
- Who were the biggest victims?
- What “tools” are most frequently used to obfuscate stolen crypto flows?
- Where does the stolen money go after a hack?
- And more in numbers, visual graphics, and takeaways.
If Q1 is any sign, 2025 can be a crucial year for the crypto industry, testing its ability to handle rising threats. Past insights guide the best ways to respond and defend.
Get ahead of the risks — download a Free Report for vital strategies and know-how to respond proactively.