According to Immunefi reports, Crypto Hacks rose rapidly in January 2025, and the total loss reached $ 7.39 million in 19 incidents.
This figure has shown 9 times the increase in December, but decreased by 44.6 % compared to January 2024, when hackers stole $ 133.4 million.
Singapore -based Exchange PHEMEX accounted for $ 69.1 million violations of the loss. In violation, Hacker sucked funds to Ethereum (ETH), Sorana (SOL), XRP (XRP), and Bitcoin (BTC), and received a hot wallet exploit of nearly $ 70 million.
Analyst pointed out that the attack was connected to North Korea and the stolen stubcoin was immediately converted to Ethereum to avoid blacklists.
Cefi vs. Defi
The unified financial platform is a major target of January hacking, accounting for 93.5 % of the total loss, but the distributed finance protocol saw 18 attacks, but only 6.5 % of the stolen funds. It was not occupied.
This important gap between centralized finance and decentralized finance was mainly due to Phemex attacks. The scam did not contribute to the reported loss.
The BNB chain is the most targeted blockchain in January 2025 and accounts for 50 % of the total loss of the entire target network with 10 individual attacks. Ethereum continued six incidents and accounted for 25 % of the loss.
Arbitrum and Base were two attacks, but optimism saw one violation.
