The worth of cryptocurrency stolen by exploits and scams reached $370.3 million final month, the best month-to-month determine in 11 months and an almost fourfold rise from January 2025.
Crypto safety firm CertiK stated on Saturday that of the 40 exploit and rip-off incidents over January, the vast majority of the whole worth stolen got here from one sufferer that misplaced round $284 million because of a social engineering rip-off.
A good portion of the greater than $370 million stolen got here on account of phishing scams, which stole $311.3 million over the month.
January’s determine is the biggest month-to-month lack of crypto since February 2025, when attackers made off with round $1.5 billion in complete over the month, a majority of which got here from the $1.4 billion hack on crypto trade Bybit, based on CertiK.
The most recent figures mark a greater than 277% improve from January 2025, when attackers stole $98 million. It’s additionally a 214% improve from December, which noticed $117.8 million misplaced to crypto theft, CertiK stated.
Step Finance, Truebut assaults amongst largest hacks
Safety firm PeckShield stated on Sunday that the hack of Step Finance on Saturday was the biggest for the month.
Attackers stole round $28.9 million within the assault on the decentralized finance portfolio tracker, the place a number of of its treasury wallets have been compromised, with greater than 261,000 Solana (SOL) taken.
Associated: Bybit made ‘sluggish however regular comeback’ in 2025 after large hack: CoinGecko
The subsequent-largest exploit for the month was the $26.4 million assault on the Truebit protocol on Jan. 8, when a flaw in a sensible contract allowed an attacker to mint tokens at almost no price, which additionally crashed the value of the Truebit (TRU) token.
PeckShield additionally famous the $13.3 million hack on liquidity supplier SwapNet on Jan. 26 and the $7 million exploit towards the blockchain protocol Saga on Jan. 21.
The corporate stated there have been 16 hacks in complete throughout January, totaling $86.01 million in losses, a 1.42% lower from a 12 months in the past, however a greater than 13% leap from December.
Journal: Getting scammed for 100 Bitcoin led Sunny Lu to create VeChain