Security • March 27, 2025, 9:04AM EDT Quick Take The crypto industry lost a record $1.64 billion due to hacks in Q1, according to web3 bug bounty platform Immunefi. However, the losses are dominated by crypto exchange Bybit, which was exploited for $1.46 billion in February. The crypto industry is set to conclude the worst quarter for hacks in its history, registering $1.64 billion in losses across 40 incidents so far, according to the latest report from web3 bug bounty and security services pla...