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Crypto Losses Hit $155.9 Million in September as Hacks, Scams Surge

Crypto Losses Hit $155.9 Million in September as Hacks, Scams Surge

Published:
2025-09-30 14:35:02
28
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BTCCSquare news:

The crypto industry faced heightened security threats in September 2025, with losses totaling $155.9 million due to exploits, phishing, and scams. CertiK reported 14 major incidents, marking the highest monthly tally since March 2024. Wallet compromises accounted for the bulk of losses at $100.8 million, followed by phishing ($26.4 million) and code vulnerabilities ($12.2 million).

Despite advancements in security protocols, systemic vulnerabilities persist, exposing platforms and users to escalating risks. The surge in high-value incidents underscores the urgent need for robust safeguards as digital asset adoption grows.

|Square

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