Psalms stole more than $ 1.63 billion of cryptocurrencies during the first quarter of 2025, where the BYBIT exploitation represents more than 92 % of the total losses, according to Blockchain Peckshield.
PECKSHILD reported that more than $ 87 million of Crypto was lost to breakthroughs in January, while February witnessed a dramatic increase to $ 1.53 billion, due to the BYBIT attack. This incident was one of the biggest encryption theft so far.
In addition to a penetration bybit, other attacks in February caused $ 126 million in losses. This included an exploitation of $ 50 million targeting Infini, hacking of $ 9.5 million on ZKLEND and a loss of $ 8.5 million from Ioni.
The losses related to the penetration decreased dramatically in March, and it decreased by 97 % of February. PECKSHILD reported that only $ 33 million of encryption assets were stolen last month. Some money has been recovered, which helps to compensate for the damage to users and protocols.
According to Pikschild, the first quarter of 2025 witnessed more than 60 coding penetrations. Blockchain security company said that the loss of $ 1.63 billion in the first quarter of 2025 represents an increase of 131 % year on the first quarter of 2024, when the losses amounted to $ 706 million. The largest incident in March was an exploitation of $ 13 million, including the Abini -decentralized financing protocol. Pixchilds said the striker drained 6,260 Ether (ETH) from the protocol on March 25. Current breakthrough losses in March. Source: Pixchild Related to: North Korea’s encryption attacks rise in development and actors – model The second biggest accident during the month was the penetration of $ 8.4 million on the RWA’s asset recovery protocol (RWA). On March 21, Cyvers reported the suspicious Zoth, a $ 8.4 million striker from the protocol governor. The assets were converted to stablecoin and transferred to another address. While millions lost in March, some cases witnessed the return of assets. On March 7, the coding that stole $ 5 million from the decentralized stock exchange (DEX) was 90 % of the funds. After exploiting the exposure of the smart contract, DeX offered a 10 % bonus to the attacker, at a value of $ 500,000, in exchange for the rest of the encryption assets. Require the infiltrator and send $ 4.5 million to 1inch. https://www.youtube.com/watch? magazine: MySESEY CELEBIMECOIN Scam Factory, HK FIRM DOMPS Bitcoin: Asia Express
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