Immunefi CEO: On-Chain Security Is Improving, But "Humans" Are Becoming the Biggest Vulnerability in Crypto Security

Odaily News Immunefi CEO Mitchell Amador stated in a recent interview that while cryptocurrency losses continue to rise, on-chain security is improving. 2025 was the worst year on record for hacks, but the biggest security failures did not stem from on-chain code; they originated from Web2 operational errors, such as passwords, private keys, infected devices, and human error. As code becomes increasingly difficult to exploit, the primary attack surface for crypto security in 2026 will be humans. The human factor has become a weak link that Web3 participants must prioritize. This viewpoint aligns with the findings of Chainalysis's report. The report shows that cryptocurrency losses due to scams and fraud amounted to approximately $17 billion in 2025. Among these, identity impersonation scams increased by 1400% year-over-year, while AI-driven scams were 450% more profitable than traditional schemes. (CoinDesk)