Immunefi: crypto industry lost a record $1.64B in Q1 2025 across 40 incidents, including $1.46B from the Bybit hack, vs. $348.3M across 63 incidents in Q1 2024 (James Hunt/The Block)

James Hunt / The Block: Immunefi: crypto industry lost a record $1.64B in Q1 2025 across 40 incidents, including $1.46B from the Bybit hack, vs. $348.3M across 63 incidents in Q1 2024  —  - The crypto industry lost a record $1.64 billion due to hacks in Q1, according to web3 bug bounty platform Immunefi.

Mar 27, 2025 - 21:15
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Immunefi: crypto industry lost a record $1.64B in Q1 2025 across 40 incidents, including $1.46B from the Bybit hack, vs. $348.3M across 63 incidents in Q1 2024 (James Hunt/The Block)

James Hunt / The Block:
Immunefi: crypto industry lost a record $1.64B in Q1 2025 across 40 incidents, including $1.46B from the Bybit hack, vs. $348.3M across 63 incidents in Q1 2024  —  - The crypto industry lost a record $1.64 billion due to hacks in Q1, according to web3 bug bounty platform Immunefi.