Immunefi Crypto Losses Q1 2025 Report
Bybit and Phemex hacks · published 2025-04-01 (Q1 2025)
In Q1 2025, the North Korean Lazarus Group is suspected to be behind two major crypto attacks, causing 94% of total losses. They hacked Bybit and Phemex, stealing a total of $1.52 billion.