The CV VC Top 50 Report 2022

Prediction markets crossed into the mainstream in 2025, with annual trading volume growing 4x and a small number of dominant platforms emerging. Kalshi, Polymarket, and Opinion now control the vast majority of global volume, each pursuing distinct regulatory and technical strategies.

Welcome to CertiK’s Hack3d report for Q1 of 2025! During this quarter, hackers stole more than $1.6 billion across 197 security incidents. These figures represent an approximate 303.38% increase in value lost compared to the previous quarter, the majority of which is due to the Bybit exploit, the largest crypto theft in history. In our report, we discuss the latest trends in Web3 security, including an analysis of the most prominent attack vectors and targeted chains. We also highlight a variety of our recently-published technical and educational resources.

In CertiK Ventures’ 2024 Investment Thesis, we explore CertiK’s roots as a leader in blockchain security, the current state of the venture capital (VC) landscape, developing supportive ecosystem strategies, and crypto market opportunities. We also discuss in detail our investment philosophy, strategic directions, methodologies, and proprietary investment grading and scoring metrics — all in line with our commitment to transparency and providing publicly-accessible resources.