Billions Lost in Hacks: Why Crypto Security Matters More Than Ever in 2025
Despite a rocky start, the cryptocurrency sector has entered the mainstream financial industry as an integral part. As the pace of institutional adoption quickens, more and more governments, corporations, and banks across the globe are adding crypto to both their portfolios and daily operations. However, increased adoption also means increased security exposure. Various safety risks that threaten the crypto sector are becoming a massive threat to users and developers alike. In Q1 2025, hacks totaled around $1.63 billion, marking a staggering 131% increase from Q1 2024.