📊☠️ PeckShieldAlert:
The year 2025 witnessed an alarming increase in #cryptocurrency thefts, primarily driven by vulnerabilities in centralized systems and a shift towards more sophisticated social engineering tactics.
Total losses reached over $4.04 billion, reflecting a 34.2% rise from the $3.01 billion stolen in 2024.
The breakdown of losses is as follows:
- $2.67 billion lost to cryptocurrency hacks, marking a year-on-year increase of about 24.2%;
- $1.37 billion lost to fraud, which saw an approximate year-on-year rise of 64.2%.