$2.1 billion in six months: how hackers are seizing control of cryptocurrency — and how not to become their next victim

The crypto industry is sounding the alarm again

The first half of 2025 has already been a record-breaking year — and alas, not in a positive way. More than $2.1 billion has been stolen from crypto projects around the world as a result of 75 successful attacks. That’s more than in all of 2024 and 10% higher than the previous anti-record of 2022.

The most high-profile incident is the $1.5 billion hack on the Bybit exchange, which involved losing control of a cold wallet. The method of attack was almost identical to the one previously used by North Korean hacktivist group Lazarus.

However, even setting that case aside, the remaining hacks have consistently brought the hackers about $100 million per month. Most attacks are not technical failures, but targeted operations, from social engineering to compromising seed phrases and private keys.

Why is this happening?

The TRM Labs report emphasizes:

• 80% of losses are due to infrastructure vulnerabilities — theft of keys, seed phrases, accesses.

• Insiders and bribery: even large companies like Coinbase are not immune to insider threats.

• Cold wallets are no longer a guarantee — they can be hacked, intercepted in delivery, forged or simply lost.

There is a solution: DexSAFE

While major platforms are “patching holes” and companies are thinking about how to strengthen their defenses, DexSAFE already offers a different mindset — not to trust, but to control.

DexSAFE is the world’s first totally decentralized crypto wallet created for those who value security and freedom.

Why is DexSAFE?

• Complete anonymity — no one collects your documents, selfies, addresses and phone numbers.

• You create and store a seed phrase — no one has access to your wallet but you.

• The passphrase is a unique feature of DexSAFE that increases your protection. It’s like a second level of key, accessible only to you.

• Duress mode — emergency PIN for situations where you may be forced to hand over access.

• Local security settings — all data is stored only on your device. No clouds, no risk of mass leaks.

• Access from any device — your wallet is always with you, even if your phone is stolen — a seed phrase will allow you to regain access.

Security as a strategy

2025 has already shown: trusting centralized platforms is a risk.

Control over your assets should be in your hands. You don’t have to wait for the next high-profile hack to think about security.

The choice is clear: DexSAFE.

Already available on the App Store and Google Play.

DexSAFE — start with a secure tomorrow today.