XRP News Today: Crypto Investors Lose $2.1 Billion in First Half 2025 Hacks

Cryptocurrency investors have suffered significant losses in the first half of 2025, with a total of $2.1 billion stolen through hacks, thefts, and scams. This period marks the worst six-month span on record for the security of digital assets such as Bitcoin (BTC), Ethereum (ETH), and XRP (XRP).

According to a report from TRM Labs, there have been 75 major incidents related to cryptocurrencies in the first six months of 2025. This figure surpasses the previous first half record set in 2022 by approximately 10% and nearly matches the total amount of crypto assets stolen throughout all of 2024.

The rise in crypto thefts is attributed to North Korea intensifying its cyber attacks in the crypto space. Researchers indicate that North Korean-linked groups are responsible for $1.6 billion, or 70% of all the stolen funds from digital assets this year. The largest hack during this period was the $1.5 billion Bybit hack that occurred in February. This attack is considered the largest crypto theft in history and is believed to have been carried out by North Korea.

TRM Labs highlights that crypto hacks and cyber attacks by nation states are becoming more sophisticated and pose the biggest threat to investments related to digital assets. More than 80% of the crypto funds stolen in this year’s first half resulted from infrastructure-level breaches, including private key thefts and front-end hijacks. Despite these security concerns, Bitcoin, the largest crypto by market capitalization, has risen 15% this year.