Cryptocurrency theft hit $370.3 million in January, the highest monthly figure in 11 months, with a $284 million loss from a social engineering scam. Phishing scams accounted for $311.3 million of the total stolen. This marks a 277% increase from January 2025, according to CertiK.

Step Finance suffered the largest hack in January, losing $28.9 million. The attack targeted its treasury wallets, compromising over 261,000 Solana tokens. Another significant exploit was the $26.4 million attack on Truebit due to a smart contract flaw. PeckShield reported a total of 16 hacks in January, totaling $86.01 million in losses.

Read more at Cointelegraph: Crypto Thefts Rise Nearly Fourfold Over Year to $370M in January