As a blockchain quant analyst based in Austin, I’ve traced the 75 crypto heists in H1 2025 that stole over $2.1B—nearly all of it tied to private key and mnemonic compromises, not smart contract flaws. February alone saw $1.5B vanish, driven by targeted infrastructure attacks. This isn’t chaos—it’s a pattern. And it’s worse than 2022’s record. The data doesn’t lie; the market is being systematically harvested.