Crypto Fraud Hits $15.8B in 2025, Far Outpacing Losses from Hacks and Exploits

[ad_1] In 2025, Web3 fraud surged to $15.87 billion, far surpassing the $2.5 billion plus lost to traditional hacks. Unlike isolated breaches, losses were spread across millions of transactions, reflecting the rise... Read more »

Crypto Phishing Losses Surpass $12 Million, Driven by Ethereum-Focused Exploits

[ad_1] There was a sharp rise in phishing scams involving cryptocurrency during August, with losses exceeding $12 million as hackers began to leverage Ethereum EIP-7702-based exploits. Scam Sniffer reported that over 15,000... Read more »

AI-powered social engineering not technical exploits now dominating 90% of cyber attacks

[ad_1] A newly published cyber threat report from Avast has revealed substantial dominance of social engineering in cyber threats during the first quarter of 2024. Per the report, nearly 90% of cyberattacks... Read more »