Crypto hack counts fall but supply chain attacks reshape threat landscape
New data from CertiK reveals that while crypto hackers stole $3.3 billion in 2025, the number of attacks fell sharply. Losses were concentrated in fewer, more damaging supply-chain attacks, which accounted for $1.45 billion across just two incidents, including the $1.4 billion Bybit hack. This shift indicates attackers are moving away from simple code vulnerabilities toward more sophisticated infrastructure-level exploits.
The number of security incidents decreased by 162 year-over-year, suggesting improved protocol-level security. The median loss per hack fell 35.75% to $103,966, though the average loss rose to $5.3 million due to high-value outliers.
Phishing scams were the second-largest threat, costing $722 million across 248 incidents. A significant subset was "pig butchering" romance scams, which used prolonged emotional manipulation and cost the industry $5.5 billion in 2024.
cointelegraph12/23 14:20
