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MU $787.38 +0.29%
AMD $574.03 +1.27%

CertiK: Total losses in the cryptocurrency industry exceeded $1.53 billion in February, setting a new historical record

2025-03-05 17:42:47

ChainCatcher news, according to data from the Web3 security agency CertiK, the cryptocurrency industry lost up to $1.53 billion in February 2025, with the $1.4 billion attack on Bybit by the North Korean Lazarus Group becoming the largest cryptocurrency hacking incident in history, accounting for 91% of the total losses for that month. Excluding the Bybit incident, the losses in February still reached $126 million, an increase of 28.5% compared to January.

Other significant events include the stablecoin payment company Infini losing $49 million due to a suspected administrator privilege vulnerability, and the ZkLend protocol being hacked for $10 million. CertiK pointed out that the main causes of losses this month were wallet leaks, code vulnerabilities ($20 million), and phishing attacks ($1.8 million).

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