Cryptocurrency thefts last June totaled $76 million. Hackers managed to obtain the passwords of thousands of customers on platforms such as Syscoin Bridge, Polymarket, Secret Network, and Humanity Protocol, among others.

The estimated number of hacks was 40, according to security firm PeckShield. Among the most relevant aspects of these thefts, the company highlights “bridges between networks, poorly protected smart contracts, and compromised private keys.”

The losses were broken down as follows: Humanity Protocol lost over $30 million; Syscoin Bridge, $10 million; the Maximal Extractable Value (MEV) bot (JaredFromSubway.eth), $7.5 million; and Secret Network, $4.67 million.

Similarly, Aztec Payments lost $2.16 million, and Aztec Connect recorded losses of $2.1 million. Polymarket lost $3 million; SecondFi and TESSERA each recorded losses of $2.4 million; and Taiko Bridge suffered losses of $1.7 million.

The hackers attacked using malware and phishing, among other methods, to steal customer assets across various platforms, protocols, bridges, bots, and networks.

M.Pino

Source: diariobitcoin

(Reference image source: Shubham Dhage on Unsplash)

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La entrada Cryptocurrency hacks in June reach $76 million apareció primero en Bitfinance.

Cryptocurrency hacks in the first quarter of 2025, according to data from blockchain security firm PeckShield, exceeded $1.63 billion.

According to the company, compared to figures for Q1 2024, there was a 131 % year-over-year increase in these types of crimes.

Among the company’s main reasons for the significant increase in crypto hacks is the attack suffered by Bybit, which accounted for more than 92 % of the total losses.

The monthly estimate was over $87 million in digital assets in January, $1.53 billion in February, and a decrease in March with the theft of $33 million.

In any case, the increase in cryptocurrency hacking cases is worrying. According to PeckShield, “There were 60 attacks in the first quarter of the year, marking a 131 % year-over-year increase.”

M.Pino

Source: iProup

(Reference image: Kanchanara on Unsplash)

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La entrada Cryptocurrency hacks to surpass $1.63 billion in Q1 2025 apareció primero en Bitfinance.