Global Ledger Reports $3B Crypto Loss in 2025 Hacks

$3 billion has been stolen in 119 crypto hacks during the first half of 2025, reports Global Ledger. The Swiss blockchain analytics firm identifies a growing sophistication in laundering methods, primarily targeting centralized cryptocurrency exchanges.

Global Ledger’s report highlights that hackers predominantly attacked centralized exchanges, responsible for over half of the losses reported. This marks a shift from past trends, wherein decentralized platforms were often the primary targets. In a statement from the Global Ledger Report, the firm highlighted: “A new report from Swiss blockchain analytics firm Global Ledger has unveiled alarming vulnerabilities in centralized cryptocurrency exchanges (CEXs), revealing that $3.01 billion was stolen through 119 hacks in the first half of 2025—surpassing the total for all of 2024.”

The crypto industry faces challenges as laundering activities evolve, affecting market stability and investor confidence. Exchanges are under scrutiny owing to their vulnerability to these coordinated attacks, risking further losses.

The financial implications are substantial, as the stolen assets include high-liquidity cryptocurrencies like ETH, BTC, and BNB. This impacts both market prices and the perceived security of holding assets in centralized exchanges.

Despite the significant monetary loss, few projects or regulatory bodies have addressed these incidents publicly, raising concerns over industry transparency.

The accelerated pace of these crypto laundering practices, often completing transactions within minutes, poses regulatory challenges. Historical data shows a shift towards exploiting centralized exchanges rather than decentralized systems.