Crypto hacks in Q1 soar 131% YoY as losses hit $1.63b, data shows
The crypto market witnessed over 60 crypto hacks in Q1 resulted in $1.63 billion in losses, more than doubling from $706 million a year earlier. Crypto hacks in the first…
Crypto losses surge 20x in February to over $1.5b, data shows
February 2025 saw $1.53 billion in crypto losses, an 18x increase from a year ago, largely driven by a $1.46 billion Bybit hack. Crypto hacks drained $1.53 billion in February…
Stablecoins now represent over 1% of US dollar money supply, data shows
The total stablecoin supply has surpassed $221 billion, making up more than 1% of the U.S. dollar M2 money supply. Stablecoins, once a niche sector, now account for over 1%…
Bybit closes $1.4b gap in Ethereum tokens through loans, whale deposits and ETH purchases, data shows
Crypto exchange Bybit, which lost over $1.4 billion in a suspected North Korean hacker attack, says it fully covered the loss within two days. Cryptocurrency exchange Bybit covered its $1.46…
Crypto median VC deal size down 86% since 2018, data shows
Despite Bitcoin hitting a record high of $100,000 in Q4 2024, venture capital activity in crypto startups remained flat, with VC deal size down nearly 90% since 2018. PitchBook’s latest…
Blockchain networks collect nearly $7b in fees in 2024, data shows
Ethereum’s dominance in fee earnings remained unchallenged in 2024, with a total of almost $2.5 billion, more than double that of TRON. As blockchain activity exploded last year, fees went…
Hack-driven crypto laundering triples in 2024 to hit $1.3b, data shows
Hack-related crypto laundering reached $1.3 billion in 2024, marking a 280% increase from 2023, PeckShield reveals. Crypto laundering tied to hacks reached $1.3 billion in 2024, representing representing nearly a…
NFT market rebounds with 22% volume surge in November despite declining sales, data shows
After months of slowdown, the NFT market now shows signs of recovery with a 22% increase in trading volume as of November, boosted by prices and high activity in blue-chip…
Over $9m lost in November phishing scams affecting 9.2k victims, data shows
November’s phishing scams led to a staggering $9.38 million in losses, impacting over 9,200 victims, with one individual losing $661,000 in stETH within minutes. Phishing scams in November cost crypto…