The crypto industry has hemorrhaged $3.63 billion to security breaches since the start of 2025, according to a new report from CoinGecko. That figure covers January 2025 through early August 2026, a stretch during which the pace of attacks has quickened considerably even as the sector tries to professionalize its defenses.
To put that number in perspective, total crypto hack losses since 2016 have now exceeded $14.27 billion. The last 19 months account for roughly a quarter of a decade’s worth of damage.
The numbers tell two different stories
The 2025 portion of CoinGecko’s data shows $2.55 billion lost across 97 incidents. That works out to about $26.3 million per incident on average, though the distribution was heavily skewed by one catastrophic event: the Bybit exchange breach, attributed to North Korean actors, which alone accounted for roughly $1.4 to $1.5 billion in losses.
Strip out Bybit, and the remaining 96 incidents from 2025 totaled around $1.1 billion.
