Crypto Phishing Losses Plunge 83% in 2025, but Wallet Threats Persist
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The year 2025 marked a notable decline in the financial impact of cryptocurrency phishing attacks, particularly those targeting wallet users. Total losses from wallet drainer scams reached $83.85 million, a steep drop from nearly $494 million in 2024, representing an 83% year-over-year decrease. The number of victims fell to 106,000, down 68% from the previous year, reflecting both fewer attacks and reduced exposure across the crypto ecosystem. Despite these encouraging numbers, experts warn that phishing risks remain…
