Crypto users suffered losses of approximately $370.3 million due to exploits in January, as reported by security analytics firm CertiK. A significant portion, $311.3 million, was attributed to phishing scams, with a single social engineering incident accounting for $284 million. This highlights the ongoing challenge of preventing losses tied to human error, despite improvements in technical defenses. CertiK also reported a 75% increase in physical attacks related to crypto theft in 2025, resulting in $40.9 million in confirmed losses. These 'wrench attacks' often involve force or threats to access crypto wallets, with Europe, particularly France, seeing the highest number of incidents. The findings underscore the growing need for crypto holders to consider personal safety alongside software security.