Crypto phishing attacks resulted in losses of $83.85 million in 2025, marking an 83% decrease from nearly $494 million in 2024. The number of victims also fell significantly to 106, a 68% year-over-year decline. However, the third quarter of 2025 saw a spike in phishing losses to $31 million, driven by Ethereum's strong market rebound, accounting for nearly 29% of the annual total. The report highlights the emergence of EIP-7702-based malicious signature attacks following Ethereum's Pectra upgrade, indicating attackers' quick adaptation to protocol changes.
Crypto Phishing Losses Plummet 83% in 2025, Totaling $83.85 Million
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