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