Crypto Thefts, Hacks Have Already Topped Last Year’s Tally

The $1.5 billion hack of the exchange Bybit attributed to North Korea’s Lazarus Group has resulted in more funds being swiped from digital platforms already this year than in all of 2024.

In total, $2.17 billion was stolen from crypto services and individual wallets through June, according to blockchain intelligence firm Chainalysis.

While the Bybit attack in February was the largest ever crypto exploit recorded, personal wallet compromises now represent a growing share of total ecosystem theft. Attacks targeting individual users have made up around 23% of all stolen fund activity this year.

Cumulative value stolen from services by year.

Chainalysis

“It’s sort of fair to say ...