The cryptocurrency industry suffered losses exceeding $3.4 billion in 2025 due to social engineering fraud, prompting regulatory tightening under MiCA. Experts highlight that future risks are likely to stem from user errors rather than technical vulnerabilities. Nick Percoco from Kraken emphasized that attackers are increasingly targeting users through manipulation tactics. Amidst these challenges, liquidity and crypto markets are experiencing significant pressure. Security firms SlowMist and Halborn advocate for enhanced defenses, recommending the use of hardware wallets and isolated systems to mitigate risks and protect users from sophisticated fraud schemes.