Cyvers Releases "2025 Web3 Security and Fraud Report," Unveiling 5 New Attack and Defense Discoveries

Odaily News Cyvers has released the "2025 Web3 Security and Fraud Report," revealing the true state of hacker attacks, fraud, and emerging threat patterns, covering the following key findings:

1. Industrialization of Crypto Fraud: Cyvers identified 18,815 active global fraudulent network groups, moving beyond just individual "hackers."

2. The Scale of Authorization Scams Now Far Exceeds Traditional Exploits: Traditional hacking methods caused $2.5 billion in losses, while fraud resulted in $16 billion in theft.

3. Smart Contract Vulnerabilities Are Not the Primary Cause: In 2025, 88% of losses stemmed from access control failures, including key leaks, permission setting issues, and human error.

4. The Method of the Largest Cryptocurrency Theft in History Has Changed: The supply chain vulnerability and legitimate signatures in the Bybit incident appeared normal at first glance. Such hidden risk incidents will become normalized in the future.

5. Over 140 Exchanges Affected: A significant portion of customers on major exchanges have experienced fraud at least once.