Is Crypto Fraud Becoming Industrialized? Cyvers Reviews On-Chain Threats From 2025
Cyvers found that pig butchering schemes were the most organized and persistent threat, while access control attacks caused the most security incidents.
Recent findings from blockchain security experts have revealed that fraudulent activity in the crypto space is maturing into an industrial scale. This means that bad actors, hackers, and fraudsters are increasingly executing sophisticated social engineering operations to drain victims’ wallets.
A 2025 Web3 Security and Fraud Report from the blockchain security firm Cyvers revealed a sharp rise in both crypto fraud and on-chain security incidents last year. The industry recorded 108 incidents related to fraud or security…
