Financial Times<\/a>, Ledger, which sells USB-style devices for secure cryptocurrency storage, is having its best year yet with revenues hitting triple-digit millions in 2025.<\/p>\nAbout $2.2 billion worth of crypto was stolen in the first half of this year, more than was taken in the whole of 2024.<\/p>\n
The surge in thefts has pushed investors toward cold storage solutions offered by companies like Ledger, Trezor, and Tangem as alternatives to holding tokens directly on exchanges.<\/p>\n
<\/p>\n
Crypto hacks target individuals at record levels<\/h2>\n
About 23% of hacks targeted individuals\u2019 wallets in the first half of 2025, according to data firm Chainalysis. The firm called this an \u201cincreasingly significant\u201d form of theft as crypto prices hit new record highs.<\/p>\n
North Korean hackers stole $1.5 billion worth of crypto from exchange Bybit in February, marking the biggest heist ever. \u201cAs we\u2019ve seen a record-setting year in lawful crypto activity, we\u2019ve also seen a record-setting year in unlawful crypto activity,\u201d said Ari Redbord, global head of policy at TRM Labs.<\/p>\n
Ledger CEO Pascal Gauthier told the Financial Times that hack attacks are becoming more common. \u201cWe\u2019re being hacked more and more every day\u2026 hacking of your bank accounts, of your crypto, and it\u2019s not going to get better next year and the year after that,\u201d he said.<\/p>\n
Ledger was valued at $1.5 billion in 2023 after raising money from investors, including 10T Holdings and Singapore\u2019s True Global Ventures.<\/p>\n
Physical attacks rise alongside digital thefts<\/h2>\n
Rising crypto prices have caused increased criminality around crypto holders. Kidnappings have become more common as criminals try to physically seize traders\u2019 funds.<\/p>\n
Ledger\u2019s own co-founder and his wife were kidnapped in France earlier this year. Chainalysis warned that rising crypto prices will probably cause \u201cadditional opportunistic physical attacks against known crypto holders.\u201d<\/p>\n
<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
Investors worried about crypto hacks are driving record demand for hardware wallets that store digital assets offline. Summary Investors buy hardware wallets as crypto hacks hit record highs in 2025.…<\/p>\n","protected":false},"author":1,"featured_media":15561,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-15560","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15560","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=15560"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15560\/revisions"}],"predecessor-version":[{"id":15562,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15560\/revisions\/15562"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/15561"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=15560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=15560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=15560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}