Crypto hacks surge to $3.4B! OKX CEO flags THIS as a key threat
Crypto hacks surged to $3.4 billion in 2025, with North Korean hackers responsible for over $2 billion of the losses. Recent victims include DeBot, which lost $255,000, and Trust Wallet, which lost $7 million. OKX CEO Star Xu identified DEX bots and custodial wallets as major new risk factors, noting that many require users to store private keys in the cloud. He emphasized that security and usability can coexist through institutional-grade controls and local authentication like passkeys. The report highlights a significant rise in personal wallet compromises and social engineering attacks, urging users to exercise increased vigilance and adopt stronger security practices.
ambcrypto12/28 15:02
