In 2025, the security situation in the crypto industry is not optimistic. According to data from blockchain security companies, the entire industry has lost $4.04 billion to hackers and scammers, a 34% increase compared to the same period last year.



The most shocking incident was the theft from a major exchange—$1.51 billion disappeared, making it the most serious security breach in the exchange's history. Law enforcement officials pointed out that this incident likely involved North Korean hacker organizations.

What is even more alarming is that 75% of the stolen funds were from centralized platforms. This indicates that while centralized exchanges are convenient, they also pose significant security risks. Users need to be more cautious when choosing platforms and managing their assets.
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SadMoneyMeowvip
· 01-21 05:38
$1.5 billion lost? I'm still holding coins on small exchanges, can't trust centralized ones. North Korean hackers are awesome, coming to harvest profits on the first day of the Lunar New Year. The security situation is really dire. 75% of thefts come from centralized exchanges. I can only manage my own wallet now, it's exhausting. When this data came out, I remembered several major incidents from last year... Looks like I need to seriously study cold wallets this year. Honestly, even if CEXs are more convenient, I'm afraid of them. It's more reassuring to hold the private keys myself and sleep peacefully. North Korea has mobilized again? Feels endless. When will it finally settle down? 34% growth... I can only say this industry is like that. Making money is nerve-wracking. What’s next? Changing passwords, two-factor authentication, cold wallets... Can’t live like this. $4 billion just vanished, and everyone acts like nothing happened. The crypto world is really crazy.
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OnlyUpOnlyvip
· 01-20 13:59
$1.5 billion gone, this is the cost of centralization. I’ve been saying this for a long time. --- Another centralized exchange, really outrageous. Who still dares to go all in? --- North Korean hackers? This script is a bit too far-fetched. --- 75% of stolen funds come from centralized platforms. Isn’t risk diversification supposed to be better? --- Losing 1.5 billion right at the start of the year, this New Year’s gift is truly remarkable. --- Choosing a platform really requires more caution, but the problem is, none of them are safe. --- I just want to know if this money can be recovered. Probably impossible. --- 34% growth, hackers are starting to get competitive too, haha. --- Every time something like this happens, people say to be cautious. Being cautious for the sake of loneliness, yet next time, you still get hacked. --- Why do centralized exchanges keep having issues? Is self-custody really that hard?
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WalletDetectivevip
· 01-18 17:57
4 billion USD lost, and it's only the beginning of the year. Can we still continue, brothers? Protect yourselves. Even major exchanges can't hold up; we really need to move on-chain for self-custody. North Korean hackers are also joining the fun. This is testing our mental resilience, isn't it? 75% of centralized exchanges have been hacked. I ask, who still dares to leave their coins on exchanges overnight? Once I saw this data, I became even more convinced of the necessity of decentralized storage. Everyone, stay alert. Another exchange incident. When will this industry finally settle down?
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rekt_but_not_brokevip
· 01-18 17:56
1.5 billion gone? I'm done for, that's why I only trust self-custody now. Over 4 billion? Those North Korean guys really dare to play. Centralized exchanges are really a honey pot. I told you long ago not to put your coins on exchanges, now you regret it. Playing with coins these days is more exciting than buying a lottery ticket.
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CoconutWaterBoyvip
· 01-18 17:47
15 billion dollars gone, still centralized exchanges, it's really outrageous. That's why I always say don't put all your eggs in one basket.
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SmartContractWorkervip
· 01-18 17:46
North Korean hackers are also getting involved these days. Honestly, no one seems to be able to work properly anymore. --- 1.5 billion USD evaporated overnight. I just want to ask, where do the big exchanges keep their funds? --- 75% stolen from centralized platforms. And some still say CEXs are safe? --- To be honest, storing funds on an exchange now is like leaving money at someone else's house. --- With North Korea and hackers involved, it feels like the whole world is after this money. --- So, self-custody wallets are still the way to go. This time, the data speaks. --- Over 4 billion USD. How many people have lost everything? --- Is this risk the price of the convenience of centralized platforms? Just thinking about it gives me chills.
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