
Opinion
Crypto Insurance Problem Grows as Hacks Expose Coverage Gaps
Highlights: Crypto hacks caused $2.87B in losses across nearly 150 incidents during 2025. Bybit’s $1.46B breach accounted for 51% of all crypto hack losses in 2025. DeFi median losses fell 75%, from $6M in 2022 to $1.5M in 2025.


