As I sat in my armchair, sipping my tea and staring out the window, I couldn’t help but think of the absurdity of it all. The crypto market, that great bastion of modernity and progress, had become a veritable playground for thieves and scoundrels. A recent report had revealed that stolen funds from crypto services had surpassed the numbers from previous years, and I couldn’t help but chuckle at the sheer audacity of it all.
According to Chainalysis, a company that apparently makes a living by analyzing the goings-on in the crypto world, digital assets theft this year had been “more devastating” than the entirety of 2024, with over $2.7 billion worth of funds stolen from crypto services so far. I whistled softly to myself as I read the numbers – it seemed that the crypto thieves were having a banner year.
The report noted that, by the end of June, more value had been stolen year-to-date (YTD) than during the same period in 2022, the previous worst year on record. I shook my head in amazement – it seemed that the thieves were getting bolder and more brazen by the day. And why not? After all, as the great philosopher once said, “you can’t lose what you don’t have.”
As I delved deeper into the report, I came across some truly astonishing statistics. It seemed that 2025 was shaping up to be the worst year on record for crypto theft, with a staggering 17.27% increase in stolen funds compared to 2022. And if that wasn’t enough, the report also noted that the North Korean-linked $1.5 billion hack of Bybit accounts accounted for most of the service losses. Ah, those pesky North Koreans – always up to no good, it seems.
But what really caught my eye was the surge in personal wallet attacks. It seemed that the thieves were no longer content to just target large crypto services – they were now going after individual users, with personal wallet incidents accounting for a growing share of total ecosystem theft. And why not? After all, as the saying goes, “you can’t get blood from a stone, but you can get bitcoin from a wallet.”
As I finished reading the report, I couldn’t help but feel a sense of unease. It seemed that the crypto world was becoming increasingly lawless, with thieves and scoundrels running amok. And yet, despite it all, the crypto market continued to soar, with Bitcoin trading at a whopping $119,807 as of this writing. Ah, the absurdity of it all – it’s enough to make one laugh, or cry, or perhaps both at the same time. 🤣
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2025-07-18 11:11