#BinanceSquareFamily Shift in Crypto Hacking: From Code Exploits to Human Vulnerabilities

As of 2025, cryptocurrency-related attacks have resulted in over $2.1 billion in losses, according to Web3 cybersecurity firm CertiK. Unlike previous years where attackers primarily targeted smart contract vulnerabilities, the new trend shows a clear shift toward social engineering techniques. Hackers are now focusing on wallet thefts, phishing scams, poor key management, and exploiting operational flaws, rather than breaking through complex code.

CertiK co-founder Ronghui Gu noted that attackers are leveraging human behavior instead of technical loopholes, emphasizing the urgent need for stronger wallet security. He recommended enhanced access controls, real-time transaction monitoring, and simulation tools to anticipate and counter threats. This evolution underscores the importance of user education and proactive defense strategies in the crypto space. As attacks become more psychological than technical, the industry must adapt its security priorities to safeguard users and assets.