🔥 Key Takeaways
- Web3 losses reached nearly $4 billion in 2025, according to Hacken.
- North Korea-linked theft accounted for over half of the total losses.
- Poor key security was a significant contributor to Web3 losses.
- Regulators are under pressure to establish stricter security rules.
Web3 Losses Soar to Nearly $4 Billion in 2025
Hacken, a leading crypto analytics firm, has released a report revealing that Web3 losses climbed to a staggering $4 billion in 2025. The report highlights the significant role of North Korea-linked theft, which accounted for over half of the total losses. This alarming trend underscores the need for enhanced security measures and stricter regulations in the Web3 space.
North Korea-Linked Theft: A Major Concern
The Hacken report emphasizes that North Korea’s involvement in Web3 theft has been a persistent issue, with the regime’s cyberattacks resulting in massive losses for investors and users. The report suggests that North Korea’s sophisticated hacking capabilities and lack of international cooperation have enabled the country to carry out these attacks with relative impunity.
Poor Key Security: A Contributing Factor
In addition to North Korea-linked theft, poor key security has been identified as a significant contributor to Web3 losses. The report notes that many users and investors fail to implement proper key management practices, making it easier for hackers to gain unauthorized access to their assets. This highlights the need for education and awareness about the importance of robust key security measures.
Regulatory Pressure Mounts
The Hacken report’s findings have put regulators under pressure to establish stricter security rules and guidelines for the Web3 industry. As the sector continues to grow and mature, regulators are being urged to turn security guidance into hard rules, ensuring that users and investors are better protected against theft and other malicious activities.
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