(AGENPARL) – Wed 01 October 2025 For Immediate Release
Contact: Diana Paluteder
128 City Road, London
United Kingdom
EC1V 2NX
** Finbold report: $307 million stolen in crypto hacks during Q3 2025, bringing year-to-date total to $2.55 billion
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The Q3 figure marks a continued decline in quarterly losses, down from $465 million in Q2 and $1.77 billion in Q1, which was dominated by the $1.5 billion Bybit breach. However, the year-to-date total has already reached $2.55 billion, ensuring that 2025 is one of the most damaging years on record for the sector.
“The decline in quarterly losses is encouraging, but investors should not confuse short-term relief with systemic resilience. A single exploit still has the capacity to erase billions, and the Bybit breach earlier this year proves that point. Security is no longer an optional feature for exchanges and protocols; it’s the foundation of trust in the industry.”
Diana Paluteder, Finbold head of content and co-author of the report, added:
“What stands out this year is the concentration of risk. One major incident accounted for the vast majority of Q1 losses, while subsequent quarters have been defined by smaller but persistent breaches. This shows that the sector continues to face layered vulnerabilities across custody, DeFi contracts, and third-party integrations, even as defences improve.”
With 2025 entering its final quarter, the report concludes that the crypto industry faces a critical test: whether it can maintain the downtrend in quarterly losses, or whether another large-scale attack will once again reset the trajectory.
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Finbold.com, 128 City Road, London, England EC1V 2NXI United Kingdom