TRM Labs report: So far this year, $2.1 billion in stolen crypto assets have been reported, with 80% attributed to private key vulnerabilities and front-end protocol attacks.

Golden Finance reports that blockchain intelligence company TRM Labs has stated that in the first half of 2025, losses from attacks on Crypto Assets could reach as high as $2.1 billion, most of which are attributed to the leakage of encryption Private Keys and front-end intrusions. TRM Labs released a report on Thursday indicating that of the 75 incidents of Crypto Asset hacks that have occurred so far this year, over 80% of the stolen funds came from so-called infrastructure attacks. These types of attacks, on average, siphon off 10 times more funds than other types of attacks. The target of infrastructure attacks is the technical backbone of the system, with the aim of gaining unauthorized control, misleading users, or redirecting assets. They include hijacking the private key mnemonic phrases of crypto wallets or exploiting the user interface parts of encryption protocols (i.e., the front end).