Cryptocurrency phishing attack losses plummeted 83% to $83.85 million in 2025, with a 68% decrease in victims.

PANews reported on January 3 that Scam Sniffer's 2025 annual report shows a significant decrease in losses from cryptocurrency phishing attacks, down 83% from $494 million in 2024 to $83.85 million, while the number of victims also decreased by 68% to 106,106.

In terms of type, Permit signatures remain the most common; the EIP-7702 malicious signature emerged after the Pectra system upgrade, with two major cases occurring in August. Phishing losses are closely related to market activity, with the probability of occurrence positively correlated with user activity. The third quarter saw the strongest price increase for Ethereum, and also the highest number of phishing losses ($31 million). When the market is active, overall user activity increases, and the proportion of victims also rises.