
Crypto's biggest hacks since 2022 drained over $5B — and the flaw was people, not code
- —Top 10 hacks since 2022 drained over $5 billion
- —Bybit lost $1.46 billion in February 2025 — roughly 401,000 ETH
- —Ronin Network lost $625 million after 5 of 9 validator keys were compromised
- —TRM Labs: 207 hacks in H1 2026 vs 85 in H1 2025, $972 million stolen
Why it matters: Attacks increasingly target keys, custodians and people rather than smart contracts, forcing exchanges and protocols to rethink their security models.
Source: AMBCrypto