Crypto exploit losses dropped over 60% in December

Address poisoning scams persist as perpetrators adapt strategies despite overall decline in crypto exploits.

Jan. 1, 2026 Updated 1:24 p.m. ET

Losses tied to crypto exploits declined over 60% from November levels, reaching $76 million in December 2025, PeckShield reported Thursday.

The largest single incident resulted in a $50 million loss due to an address poisoning attack. Another major breach involved a multisig wallet that was drained of over $27 million following a private key leak.

Address poisoning scams, where attackers create lookalike wallet addresses to trick users into sending funds, remained an active attack vector during the month.

The month’s top five exploits include the multisig breach at over $27 million, babur.sol at $22 million, Trust Wallet at $8.5 million, and Unleash Protocol and Flow Blockchain at $3.9 million each.

Crypto exploit losses dropped over 60% in December

Address poisoning scams persist as perpetrators adapt strategies despite overall decline in crypto exploits.

by Vivian Nguyen | Powered by Gloria

Jan. 1, 2026

Losses tied to crypto exploits declined over 60% from November levels, reaching $76 million in December 2025, PeckShield reported Thursday.

Address poisoning scams, where attackers create lookalike wallet addresses to trick users into sending funds, remained an active attack vector during the month.

The month’s top five exploits include the multisig breach at over $27 million, babur.sol at $22 million, Trust Wallet at $8.5 million, and Unleash Protocol and Flow Blockchain at $3.9 million each.