2025 Sees Cryptocurrency Phishing Losses Plummet to $83.85 Million
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 04 2026- Significant Loss Decline: In 2025, total losses from cryptocurrency wallet phishing attacks dropped to $83.85 million, an 83% decrease from nearly $494 million in 2024, indicating a reduction in both the frequency and impact of phishing attacks.
- Victim Count Reduction: The number of victims fell to 106,000, down 68% from the previous year, reflecting a decreased exposure across the crypto ecosystem, although experts warn that phishing risks remain present.
- Evolving Attack Patterns: A new attack method, EIP-7702, emerged in 2025, allowing attackers to execute multiple malicious operations within a single transaction signature, leading to $2.54 million in losses from just two incidents in August, highlighting the increasing complexity of attack techniques.
- Frequent Security Incidents: Despite the decline in phishing attacks, blockchain security issues remained severe, with 200 recorded security incidents in 2025 resulting in $2.935 billion in losses, underscoring the widespread security challenges facing the industry.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
