# Crypto Investors Lost $1.67B to Hacks and Exploits in Q1

*Author: Bankless*
*Published: Apr 2, 2025*
*Source: https://www.bankless.com/read/crypto-investors-lost-1-67b-to-hacks-and-exploits-in-q1*

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[CertiK](https://x.com/CertiK/status/1907076693036011769) reveals a $1.67 billion loss in Q1 2025 due to crypto hacks and exploits, dominated of course by the Bybit hack, marking a dramatic 303% quarter-over-quarter increase.

## **What’s the Scoop?**
- **Record Losses**: Blockchain security firm CertiK reports $1.67 billion in stolen crypto for Q1 2025—a 303% increase compared to Q4 2024.
- **Biggest Attack**: The $1.45 billion Bybit hack accounted for the majority of the losses.
- **Ethereum Hit Hard**: Ethereum blockchain registered 98 hacks out of 197 total incidents reported.
- **High Attack Vectors**: Phishing accounted for 81 incidents, private key compromises for 15; both were major attack methods.
- **Minimal Recovery**: Only 0.38% of stolen funds were recovered, compared to 42.09% in the previous quarter.

> 🚨The Q1 2025 Hack3d Report is here.Web3 has already lost over $1.6B this year—with the largest single exploit in the space’s history.We break it down in this short video. Then dive into the full report for insights that matter.👇🧵 [pic.twitter.com/9fuf4NjO7j](https://t.co/9fuf4NjO7j)— CertiK (@CertiK) [April 1, 2025](https://twitter.com/CertiK/status/1907076693036011769?ref_src=twsrc%5Etfw)