Crypto Phishing Losses: A Major Concern
Back in August 2025, the crypto world was rocked by a massive wave of phishing attacks, leading to losses of over $12 million and impacting more than 15,000 people. Not surprisingly, Ethereum was at the center of these attacks, highlighting the pressing need for better security. Let’s take a look at the stats, some strategies for security, and why educating employees is key to fighting this problem.
Shocking Stats on Crypto Phishing Losses
According to ScamSniffer, there was a jaw-dropping 72% increase in crypto phishing losses from the previous month. More than 15,230 people were affected, with total losses climbing to an astounding $12.17 million. The report specifically pointed to Ethereum (ETH) as a primary target, underscoring the…
