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2025 blockchain hacking losses hit $2.94 billion, concentrated at centralised exchanges

A 2025 blockchain security report estimates about $2.935 billion in losses from nearly 200 security incidents. The number of incidents fell from 2024, but the total loss value rose 46 percent, indicating bigger losses per case. SlowMist said Ethereum suffered the largest ecosystem loss at about $254 million. DeFi projects accounted for 63 percent of incidents, while centralised exchanges saw the biggest losses, including a $1.46 billion Bybit hack.