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 a virtually fourfold rise from January 2025.
Crypto safety firm CertiK mentioned on Saturday that of the 40 exploit and rip-off incidents over January, nearly all of the full worth stolen got here from one sufferer that misplaced round $284 million as a consequence of a social engineering rip-off.
A good portion of the greater than $370 million stolen got here because of phishing scams, which stole $311.3 million over the month.
January’s determine is the most important 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, in accordance to CertiK.
The most recent figures mark a greater than 277% enhance from January 2025, when attackers stole $98 million. It’s additionally a 214% enhance from December, which noticed $117.8 million misplaced to crypto theft, CertiK mentioned.
Step Finance, Truebit assaults amongst largest hacks
Safety firm PeckShield mentioned on Sunday that the hack of Step Finance on Saturday was the most important 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.
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The following-largest exploit for the month was the $26.4 million assault on the Truebit protocol on Jan. 8, when a flaw in a wise contract allowed an attacker to mint tokens at almost no price, which additionally crashed the worth 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 in opposition to the blockchain protocol Saga on Jan. 21.
The corporate mentioned there have been 16 hacks in complete throughout January, totaling $86.01 million in losses, a 1.42% lower from a yr in the past, however a greater than 13% soar from December.
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