The crypto industry has hemorrhaged $3.63 billion to security breaches since the start of 2025, according to a new report from CoinGecko. That figure covers January 2025 through early August 2026, a stretch during which the pace of attacks has quickened considerably even as the sector tries to professionalize its defenses. To put that number in perspective, total crypto hack losses since 2016 have now exceeded $14.27 billion. The last 19 months account for roughly a quarter of a decade’s worth of damage. The numbers tell two different stories The 2025 portion of CoinGecko’s data shows $2.55 billion lost across 97 incidents. That works out to about $26.3 million per incident on average, though the distribution was heavily skewed by one catastrophic event: the Bybit exchange breach, attributed to North Korean actors, which alone accounted for roughly $1.4 to $1.5 billion in losses. Strip out Bybit, and the remaining 96 incidents from 2025 totaled around $1.1 billion. The 2026 data, covering only the first seven-plus months of the year, shows approximately $1.2 billion lost. But the incident count has already ballooned to 164. That’s nearly 70% more individual breaches than all of 202...
CoinGecko reports $3.63B in crypto losses from January 2025 through mid-2026
1 month ago
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