#CryptoFees101

$2.1B Stolen in 2025: Wallet Compromises Eclipse All Other Crypto Attack Vectors

Hackers in the cryptocurrency space are shifting their focus from traditional smart contract flaws to manipulating individuals through social engineering tactics, as per Web3 security firm CertiK. The company reports that over $2.1 billion has already been lost to crypto-related attacks in 2025.

Most of the damage stems from wallet breaches, which far outpace all other attack vectors in terms of losses.

Wallet Compromises Inflict Most Damage

The report revealed that despite accounting for only 23 reported incidents, wallet compromises led to a whopping $1.6 billion in losses, making it the most damaging category by far. In comparison, phishing incidents were the most frequent, with 114 cases resulting in approximately $401.5 million in losses.