Wednesday, December 24, 2025

Crypto Hack Counts Fall but Supply Chain Attacks Reshape Threat Landscape

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Crypto hackers stole $3.3 billion in 2025, but the variety of assaults fell sharply as losses grew to become concentrated in fewer, extra refined supply-chain exploits, in response to new information from blockchain safety agency CertiK shared with Cointelegraph.

Whereas complete losses remained elevated, the decline in incident counts and a drop in median theft sizes counsel that protocol-level safety is enhancing, pushing attackers away from easy code vulnerabilities and towards phishing and infrastructure-level assaults.

CertiK mentioned supply-chain breaches emerged as probably the most damaging menace, accounting for $1.45 billion in losses throughout simply two incidents, together with the $1.4 billion Bybit hack in February.

“The Bybit exploit indicators that well-capitalized, well-coordinated menace actors have gotten extra lively throughout the ecosystem,” the report mentioned, predicting an increase within the “sophistication” of provide chain assaults as attackers goal extra infrastructure suppliers.

Crypto hacks by quantity and incident, yearly chart. Supply: CertiK

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The variety of safety incidents decreased by 162 counts year-over-year, indicating that blockchain cybersecurity measures are enhancing regardless of hackers aiming for bigger targets.

The typical quantity misplaced per hack stood at $5.3 million, a 66% enhance from the earlier 12 months. Nevertheless, the median loss — a measure much less influenced by outlier incidents — fell to $103,966, down 35.75% over the identical interval.

Cryptop hacks by incident sort and quantity of losses, one-year chart. Supply: CertiK

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Code vulnerabilities fade as “pig butchering” scams threaten crypto financial savings

Phishing scams grew to become the second-largest menace, costing crypto buyers a cumulative $722 million throughout 248 incidents.

Just lately, an investor misplaced their whole Bitcoin (BTC) retirement fund in a man-made intelligence-fueled romance scam, often known as a “pig butchering” rip-off, the place the con artists used extended emotional manipulation to persuade the buyers to switch their funds.

Pig butchering sufferer stats, grooming time. Supply: Cyvers

Pig butchering scams are a subset of phishing scams that price the business a collective $5.5 billion in 2024, throughout 200,000 particular person circumstances.

Notably, the typical grooming interval for victims is between one and two weeks in 35% of circumstances, whereas 10% of scams contain grooming durations of as much as three months, in response to blockchain safety platform Cyvers.

In June, the US Division of Justice introduced the seizure of over $225 million in crypto linked to pig butchering scams.

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