April 2025 Crypto Attacks Result in $357.11 Million Loss – Coincu

The crypto landscape faced significant challenges in April 2025, with 18 major attacks leading to a combined loss of $357.11 million, according to PANews and PeckShieldAlert insights.

The substantial losses, predominantly involving Bitcoin, highlight ongoing vulnerabilities in the crypto sector. Overall, $330.7 million was lost due to unauthorized Bitcoin transfers, dwarfing other incidents such as the Loopscale and MorphoLabs attacks.

Bitcoin Thefts Dominate April 2025 Crypto Losses

As of May 7, 2025, Bitcoin holds a price of $96,615.93 with a market cap of $1.92 trillion, representing 64.23% market dominance, per CoinMarketCap. Bitcoin’s 24-hour trading volume experienced a 38.92% change, highlighting its robust activity.

Coincu’s research indicates that the escalation in crypto attacks may accelerate regulatory actions and security innovations. Analyzing past trends, these developments could prompt financial entities to increase investments in blockchain security.

“In Q1 2025, we reported over 60 crypto hacks resulting in total losses of $1.63 billion, reflecting a stark increase in the frequency and scale of attacks compared to previous years.” — PeckShield Representative, Blockchain Security Analyst, PeckShield m.peckshield.com

Surge in Attacks May Spur Crypto Security Advances

Did you know? The Q1 2025 losses of $1.63 billion have already surpassed many previous yearly totals, showcasing a marked rise in security challenges within the sector.

Overall, $330.7 million was lost due to unauthorized Bitcoin transfers, dwarfing other incidents such as the Loopscale and MorphoLabs attacks.

Key responses from the community include intensified calls for enhanced security and preventive measures. The recovery of $14.4 million from projects like KiloEx and zkSync provided a measure of relief, emphasizing the industry’s efforts to counteract losses.