According to The Block, the latest report from blockchain intelligence firm TRM Labs shows that the cryptocurrency industry suffered a loss of up to $2.1 billion from hacker attacks in the first half of 2025, with over 80% of the losses due to infrastructure vulnerabilities such as private key theft, mnemonic hijacking, and front-end hijacking. The report points out that North Korean related hacker groups steal up to 70% of the funds, mainly used to fund weapons projects. TRM Labs calls on the industry to strengthen multi factor authentication, cold wallet storage, and cross-border collaboration to jointly address the constantly evolving security threats.