CertiK predicts 'endless war' with crypto hackers after $2.5B stolen


Despite the crypto industry’s ongoing cybersecurity efforts, protocols are engaged in an endless war with cryptocurrency hackers, who continue to attack the weakest link in crypto protocols, which is often a human behavioral element.

The industry is engaged in unfair warfare with bad actors, who only need a single point of vulnerability to exploit a protocol, according to Ronghui Gu, professor of computer science at Columbia University and the co-founder of blockchain security platform CertiK.

“As long as there’s a weak point or some vulnerabilities out there, sooner or later they will be discovered by these attackers,” said Gu, speaking during Cointelegraph’s Chain Reaction daily live X spaces show, adding:

“So it's an endless war.” 

“But I’m afraid that next year’s [hacks] will still be at a billion-dollar level,” said Gu, adding that both cybersecurity efforts and cybercriminals are becoming stronger. Still, attackers only need to find a single bug in the millions of lines of code audited daily by CertiK

Losses to crypto hacks and exploits spiked to $2.47 billion in the first half of 2025, despite declining hacks in the second quarter. Over $800 million was lost across 144 incidents in Q2, a 52% decrease in value lost compared to the previous quarter, with 59 fewer hacking incidents, CertiK said in a report on Tuesday.

  Source: CertiK

The first half of 2025 has seen more than $2.47 billion in losses due to hacks, scams and exploits, representing a nearly 3% increase over the $2.4 billion stolen in all of 2024.

The lion’s share of the lost value was attributed to a single incident, a $1.4 billion Bybit hack on Feb. 21, marking the largest cyberexploit in crypto history. 

Blockchain cybersecurity improvements will force hackers to target human behaviour

The industry’s ever-evolving cybersecurity measures are forcing hackers to look for new vulnerabilities to exploit, including loopholes in human psychology, according to CertiK’s Gu, who explained:

“Let's say that your protocol or layer 1 blockchain becomes more secure. Then they may target human beings behind it. The people who have the private key and so on.”