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Crypto hack counts fall but supply chain attacks reshape threat landscape

Cointelegraph
While the number of crypto hacks decreased, total losses remained high, driven by sophisticated, high-value supply chain attacks.

Summary

According to data from CertiK, crypto hackers stole $3.3 billion in 2025, but the total number of incidents fell sharply year-over-year, suggesting improvements in protocol-level security. This shift is pushing attackers toward more sophisticated threats like phishing and infrastructure-level attacks, particularly supply-chain breaches, which accounted for $1.45 billion in losses from just two incidents, including the $1.4 billion Bybit hack. Although the average loss per hack increased significantly, the median loss dropped by 35.75%, indicating fewer small-scale thefts. Phishing scams, especially "pig butchering" romance scams, emerged as the second-largest threat, costing investors $722 million across 248 incidents, with grooming periods often lasting one to three months.

(Source:Cointelegraph)