SlowMist Reports 200 Crypto Incidents in 2025, $2.935 Billion Losses

SlowMist’s 2025 report highlights a sharp rise in crypto-related breaches, with exchanges and DeFi sectors suffering substantial losses from high-profile attacks.

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Summary

SlowMist’s annual security report shows 200 blockchain-related security incidents in 2025 resulted in $2.935 billion in losses, marking a 46% increase from the previous year. DeFi projects accounted for 126 cases totaling $649 million in damages, largely due to contract vulnerabilities and compromised X accounts. Exchanges suffered $1.809 billion in losses from 12 incidents, with Bybit experiencing a $1.46 billion breach as the largest single loss. Ethereum remained the most targeted ecosystem throughout the year.

Terms & Concepts
  • DeFi: Short for decentralized finance; blockchain-based financial services without traditional intermediaries.
  • Contract vulnerabilities: Security flaws in project code that attackers exploit to steal funds or gain control.
  • Blockchain ecosystem: The network of applications, protocols, and users built around a specific blockchain.