POPA ReconCrypto Has Lost $3.63B Since January 2025
Crypto Has Lost $3.63B Since January 2025 CoinGecko counted 245 incidents between January 2025 and July 2026, with the ten largest making up over 72.5% of everything stolen. Bybit alone is $1.44B - more than the next four combined. Line the dates up and the target visibly shifts. Almost every 2025 entry is an exchange: Bybit, Phemex, Bitget, Nobitex, BTCTurk, CoinDCX, BigONE, SBI. Not one exchange appears in the 2026 half. Instead it's protocols and infrastructure - Drift and KelpDAO landed within seventeen days of each other in April, $577M between them. And audits didn't help. 147 of the…
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