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GoPlus Reports $3.5 Billion Lost in 2025 Web3 Security Breaches

GoPlus Reports $3.5 Billion Lost in 2025 Web3 Security Breaches

Combined data from GoPlus and SlowMist reveals escalating blockchain thefts in 2025, with billion-dollar exchange breaches and mounting Ethereum network losses despite fewer incidents.

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Fact Check
The statement is strongly supported by a majority of the provided sources. Multiple news outlets and data platforms within the cryptocurrency space (MEXC, Bitget, RootData, Cointech2u) explicitly cite a 'GoPlus Annual Security Report' as the source for the claim that over $3.5 billion was lost in Web3 due to security incidents in 2025. The consistency across these five highly relevant sources provides compelling evidence that GoPlus did indeed report this figure.One high-authority source (Yahoo Finance) presents a different total loss amount for 2025 ($2.7 billion) and does not mention GoPlus. This does not necessarily contradict the statement, as it is common for different security and research firms to arrive at different total loss figures due to varying methodologies and the scope of incidents they track. The Yahoo Finance article is likely citing a report from a different organization. Since the statement is specifically about what *GoPlus reported*, and multiple sources confirm the contents of that specific report, the evidence strongly indicates the statement is true.
Summary

GoPlus RektDatabase reported over 1,200 severe Web3 breaches in 2025 totaling $3.5 billion lost, with Bybit, Cetus, and Balancer among the largest victims. SlowMist separately recorded 200 blockchain security incidents amounting to $2.935 billion in losses, a 46% increase from 2024 despite fewer events. Exchange breaches accounted for $1.809 billion, led by Bybit’s $1.46 billion loss. Ethereum-related incidents incurred $254 million in damages, underscoring persistent vulnerabilities across networks and platforms.

Terms & Concepts
  • Web3: A decentralized internet framework built on blockchain technology, enabling peer-to-peer applications and digital asset ownership.
  • Hot wallet: A cryptocurrency wallet connected to the internet, offering accessibility but increased vulnerability to hacks.
  • Private key: A cryptographic code that allows access and control over cryptocurrency funds, essential for transaction authorization.