Certification K: Total Cryptocurrency Industry Losses Surpassed $1.53 billion in February, Record High

According to Web 3.0 security agency CertiK, the cryptocurrency industry lost as much as $1.53 billion in February 2025. Among them, the $1.40 billion attack launched by North Korea's Lazarus Group on Bybit became the largest crypto hacking incident in history, accounting for 91% of the total loss in that month. Excluding the Bybit incident, the loss in February still reached $126 million, an increase of 28.5% from January. Other major events include the loss of $49 million by stablecoin payment company Infini due to a suspected administrator rights vulnerability, and the theft of the ZkLend protocol. 10 million. According to CertiK, the main causes of losses this month were wallet leaks, code vulnerabilities ($20 million), and phishing attacks ($1.80 million).