2025 saw a record $3.5 billion stolen in crypto attacks, led by the $1.5 billion Bybit heist by Lazarus Group. Supply chain exploits, AI-driven phishing, and rising personal wallet vulnerabilities reshaped security frameworks, prompting a contentious shift toward protocol-level freezes.

OKX has rejected claims that European regulators are investigating it over the Bybit hack, saying it blocked related funds and added tools to stop suspicious addresses from using its exchange, DEX, and wallet services.

OKX has rejected claims that European regulators are investigating it over the Bybit hack, saying it blocked associated funds and added tools to stop hacker-linked addresses from using its services.

OKX has refuted reports of an investigation by European regulators over its failure to block Bybit hackers, stating that it took measures to freeze funds and blaming Bybit for spreading false claims.

A Cyvers report says Web3 fraud reached $15.87 billion in 2025, far above the roughly $2.5 billion lost to hacks and exploits, as organized scam networks scaled across millions of transactions.

Cyvers says Web3 fraud reached $15.87 billion in 2025, dwarfing the more than $2.5 billion lost to hacks and exploits. The report highlights industrialized scam networks, authorized fraud, and the central role of liquid assets and major exchanges.

German prosecutors and the BKA have shut down crypto swapping service Exch, seizing €34 million in digital assets and more than 8TB of data as part of a money laundering investigation linked to major cybercrime cases.

German police seized €34 million in crypto and shut down the anonymous swapping service Exch, which allegedly laundered $1.9 billion including funds from the $1.5 billion Bybit hack. Operators face criminal investigation.