hackers exploit human behaviour: CertiK

From Coin Telegraph, June 4, 2025, 6:25 am:

Cryptocurrency hackers are now targeting users through social engineering schemes, stealing over $2.1 billion in 2025. Most losses stem from wallet compromises and phishing attacks. CertiK warns of a shift from smart contract vulnerabilities to human behavior exploitation. Phishing scams cost the industry over $1 billion in 2024. Attackers trick victims into sending assets to fraudulent wallet addresses without hacking. The rise of social engineering schemes may signal the need for more robust DeFi protocols. The industry must invest in better wallet security and access control to reduce future incidents. The $1.4 billion Bybit exchange hack accounted for over 60% of the value lost in all crypto hacks in 2024. The North Korean Lazarus Group staged the largest exploit in crypto history. The industry saw $2.3 billion stolen across 760 on-chain security incidents in 2024. Source: CertiK.

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