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.

Given that phishing attacks are on the rise, it’s important for all Web3 participants to learn how to better protect their cryptocurrency. Below, we’ll look at strategies for avoiding phishing and traps you should avoid.

Welcome to Hack3d: The Web3 Security Report for 2024. CertiK’s Hack3d reports offer deep dives into the exploits, vulnerabilities, and trends that define blockchain and smart contract security. They’re an invaluable resource for anyone seeking to understand the current landscape of Web3 security.