Crypto Thefts Surge to $4.04 Billion in 2025, PeckShield Reports
According to PeckShield, crypto-related thefts reached a new high in 2025, with sharp increases in both hacks and scams and a decline in funds successfully recovered compared with the previous year.
Summary
PeckShield reported that crypto-related thefts totaled a record $4.04 billion in 2025, up 34.2% from $3.01 billion in 2024. Hacks accounted for $2.67 billion, a 24.2% increase year over year, while scams rose sharply to $1.37 billion, up 64.2%. Only $334.9 million was recovered or frozen, down from $488.5 million in 2024.
Terms & Concepts
- Blockchain security: The practice of protecting blockchain networks, protocols, and digital assets from attacks, exploits, and unauthorized access.
- Hacks: Unauthorized cyberattacks targeting crypto platforms, protocols, wallets, or smart contracts to steal digital assets.
- PeckShield: A blockchain security and analytics firm that tracks crypto exploits, hacks, and scam-related losses.