The quiet malware draining crypto wallets – The Armchair Trader
For years, spectacular exchange collapses and flamboyant fraudsters dominated headlines about cryptocurrency crime. In 2025, by contrast, the biggest threat to everyday crypto holders has been quieter, more technical, and, in many cases, harder to spot.
Clipboard-hijacking malware and so-called infostealers are steadily siphoning funds from individual users, even as the wider industry insists that its security is maturing.
According to data collected by blockchain security firm Slowmist, cybercriminals stole nearly $3bn through crypto hacks and scams in 2025. Researchers recorded 202 separate hack events, a figure that understates the concentration of damage. One incident alone accounted for almost half of all losses: a $1.46bn theft…
