Odaily News Web3 cybersecurity company CertiK said that cryptocurrency hackers are abandoning the use of smart contract vulnerabilities and turning to social engineering to attack users. As of 2025, the losses caused by cryptocurrency-related attacks have exceeded $2.1 billion, with most of the losses coming from wallet thefts and phishing attacks.
CertiK co-founder Ronghui Gu said that the attack mode has shifted from code vulnerabilities to exploiting human behavior vulnerabilities. Most of the $2.1 billion loss was caused by wallet theft, poor key management and operational problems. The industry must now invest in better wallet security and access control, as well as real-time transaction monitoring and simulation tools to reduce future incidents. (Cointelegraph)