Crypto Security Crisis Worsens as $3 Billion Stolen in Six Months with Low Recovery

Hackers are effectively laundering stolen cryptocurrencies quickly, often before the public becomes aware of any security breach. According to the Global Ledger report, the first half of 2025 saw losses exceeding $3 billion across 119 crypto hacks, with nearly a quarter of these attacks resulting in laundering before disclosure. The success rate for recovery remains very low at just 4.2%, signaling significant challenges in asset recovery. Centralized exchanges are primary targets for these malicious activities. Industry experts emphasize the necessity for real-time monitoring systems to improve defense mechanisms and facilitate prompt response to such rapid, ongoing threats.