Crypto Space Lost $92M to Hacks in April 2025, Total Loss YTD Hits Whopping $1.74B
Hackers stole more than $92.4 million from crypto projects in April 2025. At the same time, the total losses for the first four months of the year alone surpassed $1.74 billion, according to blockchain security platform...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Hackers stole more than $92.4 million from crypto projects in April 2025. At the same time, the total losses for the first four months of the year alone surpassed $1.74 billion, according to blockchain security platform Immunefi.
In April, the crypto space suffered a loss of $92,453,100 across 15 specific incidents. Per the report, this is a 27.3% increase compared to April 2024. At the time, registered losses stood at $72,606,827.
Furthermore, this figure marks a 2.2x rise month-over-month. Losses in March 2025 totaled $41,406,115.
Source: ImmunefiMeanwhile, Immunefi noted that two incidents were responsible for the majority of the $92.4 million. Open-source platform UPCX lost $70 million, while decentralized exchange KiloEx suffered a $7.5 million loss.
Loopscale and ZKsync followed with losses between $5 million and $6 million. Term Labs and Bitcoin Mission also saw more than $1 million stolen each.
Source: ImmunefiIn 2025 YTD, the crypto ecosystem saw $1,742,117,315 in total losses. This is a 4x increase compared to $420 million during the same period last year.
Moreover, it has already surpassed the total losses for the entire 2024, which recorded a loss of $1.49 billion.
Meanwhile, Immunefi’s March report noted that “Q1 2025 marks the worst quarter for hacks in the history of the crypto ecosystem,” with $1.64 billion lost. Most of that was the result of only two hacks of centralized exchanges. Phemex suffered a $69.1 million loss in January, while Bybit lost $1.46 billion in February.
You might also like Crypto Industry Lost $1.49B to Hacks and Fraud in 2024, a 17% Decline YOY: Immunefi 100% DeFi HacksHacks were the main cause of losses in April, compared to fraud, accounting for 100% of it.
At the same time, decentralized finance (DeFi) surpassed centralized finance (CeFi) yet again. The former accounted for 100% of the stolen funds.
Moreover, Ethereum and BNB Chain were once more the most targeted chains. The two accounted for over half of the losses, or 60% to be more precise.
Ethereum suffered the most attacks. Its five incidents represented 33.3% of all attacks. BNB Chain saw four attacks, or 26.7%.
Furthermore, Base recorded three incidents (20%), while Arbitrum, Solana, Sonic, and ZKsync suffered a single attack each.
Meanwhile, Immunefi says it offers over $180 million in available bounty rewards and has paid out over $116 million in total bounties so far.
In late March, it launched Magnus, its novel AI-powered security orchestration platform. The team said that the new platform united threat intelligence and automated security operations across a protocol’s security stack, maximizing protection.
They also said they planned to announce additional partnerships with “a number of top-tier security service and tooling providers.”
You might also like Mitchell Amador on Crypto Bug Bounties, Web3 Security and Immunefi | Ep. 170The post Crypto Space Lost $92M to Hacks in April 2025, Total Loss YTD Hits Whopping $1.74B appeared first on Cryptonews.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Bitcoin hits $86,000 putting ETF investors back in profit after $86 billion wipeout
Bitcoin’s rally toward $86,000 has pushed US spot exchange-traded fund (ETF) investors back into profit after months underwater. D...
Strategy and Strive buy $183 million in Bitcoin as $85,000 rally revives treasury trade
Bitcoin treasury companies Strategy and Strive bought about $183 million of BTC last week as the cryptocurrency’s rebound helped c...
‘A little more orange’: Strategy buys 950 bitcoin for $76 million, bringing total holdings to 846,000 BTC
Strategy's total holdings account for around 4% of the 21 million bitcoin supply cap — worth roughly $72 billion.
Will proposed faster block times really fix Ethereum’s biggest market losses?
Ethereum developers are weighing Ethereum Quick Slots for Hegotá, a proposed faster block rhythm that would reduce waiting without...
ZWTC 2026 Enters Squad Stage as Zoomex Opens Registration for Competition With Up to 2.5 Million USDT in Prizes
VICTORIA, Seychelles, September 21, 2026 — Zoomex, a global cryptocurrency trading platform focused on derivatives, has opened reg...
One wallet links $1.55 million FetchAI theft to massive 408.5 million NTX mint
A coordinated attack drained 8.7 million FET and used a compromised NuNet minter key to create 408.5 million NTX. The Sept. 19 att...