According to CertiK data, losses caused by cryptocurrency vulnerabilities in January reached as high as $370 million.
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According to a report by Bijie Network: Data from security company CertiK shows that in January this year, cryptocurrency users lost approximately $370.3 million due to security vulnerabilities, with phishing scams accounting for as much as $311.3 million in losses. A single social engineering attack targeting an individual user resulted in losses of about $284 million, highlighting that human error remains a significant security vulnerability. Meanwhile, so-called "wrench attacks" (involving the use of force or threats to access wallets) are expected to increase by 75% in 2025, causing confirmed losses of $40.9 million, with Europe accounting for more than 40% of reported cases.
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