In 2025, cryptocurrency phishing attack losses plummeted by 83% to $83.85 million, with victims decreasing by 68%.

CoinNetwork · 2026-01-03T01:04:07+00:00

According to the 2025 report released by Scam Sniffer, cryptocurrency phishing attack losses in 2024 decreased significantly by 83%, dropping to $83.85 million, with the number of victims decreasing by 68%. Permit signatures remain the most common, and EIP-7702 malicious signatures appeared after the Pectra upgrade. Phishing losses are correlated with market activity, with the highest losses occurring in the third quarter due to the rise in Ethereum prices.

CoinNetwork

2026-01-03 01:04:07

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CoinWorld.net January 3 News, the annual report for 2025 released by Scam Sniffer shows that losses from cryptocurrency phishing attacks have significantly decreased, dropping 83% from $494 million in 2024 to $83.85 million, with the number of victims also down 68% to 106,106. In terms of types, Permit signatures remain the most common; EIP-7702 malicious signatures appeared after the Pectra system upgrade, with two major incidents occurring in August. Phishing losses are closely related to market activity, with the occurrence probability positively correlated with user activity. The third quarter saw the strongest price increase for Ethereum, and phishing losses were also the highest ($31 million). When the market is active, overall user activity increases, and the proportion of affected users also rises.

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