Bybit Ethereum Theft Drives Record $2.1 Billion in Crypto Stolen by Hackers in 2025

The year 2025 has already witnessed an astonishing amount of cryptocurrency being seized by hackers, significantly propelled by a major exploitation incident affecting the Bybit platform. Recent reports reveal that the total amount of stolen cryptocurrency has now reached a staggering $2.1 billion USD so far this year alone, marking an all-time high. The theft of Ethereum from Bybit is a significant contributing factor to this dramatic increase. The precise details of the incident are still under investigation, but it is evident that hackers managed to gain access to a substantial quantity of Ethereum from Bybit’s wallets. This breach has raised serious questions regarding the security protocols employed by major exchanges, as well as the need for more robust security measures throughout the cryptocurrency industry. As Bybit continues to work to address the issue and aims to compensate affected users, the impact of this theft is reverberating throughout the crypto market, heightening concerns about the inherent risks associated with digital assets.