Сrypto security decreases to nearly 40 %, but the hot wallet exploits are still standing

The data reveals 98.19 million dollars in January from 160 million dollars in the previous year, despite the high account concessions, the data reveals.

The infiltrators were a busy start until 2025, although they stole less than last year. The coding losses from security incidents amounted to $ 98.19 million in January, a decrease of 39 % from 160 million dollars in the same month of 2024, according to February 6. Research report By Blockchain Slowmist.

The report recorded 40 piracy incidents that occurred so far in 2025, less than 56 recorded in January 2024. The violations of the hot portfolio, hunting tricks, and weakness points were the main reasons, while last year’s losses came from flash loan attacks, DDOS accidents, price manipulations.

The biggest attack this year was against Crypto Exchange Phenex, which lost About $ 70 million of encryption due to the breach of the hot wallet. Other violations included Nones Bitcoin Marken It lost more than 7 million dollars Because of the exploitation of the Solana Bridge.

Frauds in hunting have also been a major threat like scamsniffer earlier I mentioned 9220 victims lost a total of $ 10.25 million in January. Meme Coin’s fraud played a role, as bad actors use social media to attract investors before they disappear with money.

Meanwhile, fake accounts also appeared – more than 300 a day, twice their number in November. As Crypto.News I mentioned earlierAnd the fraudsters take over large X accounts like Yahoo News UK and Lenovo India to pay fake codes.