Since 2025, hackers have stolen over $3.1 billion from cryptocurrency platforms, with Bybit suffering the largest single loss of approximately $1.4 billion in February, marking the biggest exchange hack in crypto history. On-chain analysis attributes the attack to North Korea's Lazarus Group. The hack occurred during a transfer from cold wallets to hot wallets, with stolen assets including tokens like stETH and mETH. As of March, about 88.87% of the stolen funds remain traceable, while 7.59% have been lost.