Cryptocurrency Security Risks Shift Beyond Code in 2025

By 2025, the main hazards for cryptocurrencies extend beyond technical flaws. Social engineering has risen to become a primary threat alongside smart contract vulnerabilities. Despite improvements in coding security, hackers increasingly target human vulnerabilities rather than just technical weaknesses. Evidence suggests that over $2 billion has been lost due to security breaches in the Web3 space. More than 60% of these losses stem from phishing attacks, leaked private keys, and insider threats, rather than direct technical exploits.