
Crypto Heists Soar to a Record High: The Alarming Rise of Digital Asset Theft
Crypto thefts reached a record $1.67 billion in Q1 2025, rising 303% from the previous quarter across 197 incidents. The largest heist at Bybit highlighted significant vulnerabilities in digital security, provoking industry-wide reevaluation. Phemex, 0xInfini, and MIM Spell faced major thefts, demonstrating