February 2025 Crypto Losses Plummet, Is the Era of Mega-Hacks Over?

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March 3, 2026

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Gambar February 2025 Crypto Losses Plummet, Is the Era of Mega-Hacks Over?

Jakarta, Pintu News – February 2025 saw a record low in crypto hacking and fraud losses over the past 11 months. According to a report from blockchain security firm PeckShield, the total losses recorded amounted to just $26.5 million, significantly lower than in previous months.

This decline marks a significant change in the digital asset security landscape, especially after the previous years were characterized by a series of mega-hacks that shook the industry. Many consider this positive trend to be a signal that the crypto ecosystem is starting to improve and strengthen defenses against cyber threats.

Loss Reduction: Combination of Volatility and System Strengthening

According to PeckShield, there were only 15 hacking and fraud incidents during February 2025, with the two largest cases accounting for the majority of losses. The largest case occurred on the YieldBlox platform, where $10 million in funds were lost due to price manipulation on a DAO-managed loan pool on February 21.

Meanwhile, IoTeX, a decentralized identity protocol, lost around $8.9 million to private key exploits on the same day. When compared to January, which recorded losses of over $86 million, this 69.2% decrease is a remarkable achievement. PeckShield highlighted that the absence of mega-hacks like the $1.5 billion Bybit case in February last year contributed to keeping losses down.

In addition, high market volatility, especially when Bitcoin briefly fell below $70,000, made the focus of market participants shift from protocol exploitation to liquidity management. This created a cooling down period where hacking activity decreased significantly. As such, market dynamics and the absence of major attacks were the main factors behind the decline in crypto losses this month.

The Role of Audit, AI, and New Security Standards

Kronos Research analyst Dominick John believes that the decline in losses is also driven by strengthened risk controls, improved partner standards, and increasingly sophisticated real-time monitoring across major platforms. Capital is now more selective, flowing only to protocols that have mature and proven security frameworks.

John added that the downward trend in losses is expected to continue as the auditing, monitoring, and implementation of institutional risk frameworks in the crypto industry mature. Artificial intelligence is also starting to play an important role in strengthening security, such as through automated code review, anomaly detection, and attack simulation before protocol launch. =

As such, potential vulnerabilities can be identified and addressed earlier in the development cycle. Crypto protocols are increasingly conducting audits, formal verification, and real-time monitoring to close security gaps. Meanwhile, financial institutions are also raising the bar before providing funding, so that only projects with the best security systems can survive.

Phishing: The Perennial Threat Behind Innovation

Although losses due to phishing dropped dramatically from $494 million to $83.85 million through 2025, these social engineering-based attacks remain a major threat. PeckShield asserts that criminals are now targeting human weaknesses more often than trying to break into smart contracts directly.

A common mode of phishing is to pose as a trusted party to steal sensitive user data, such as private keys or seed phrases. The decline in losses from phishing indicates an increase in awareness and education among crypto users. However, the constantly adapting nature of the attacks makes this threat difficult to eradicate completely.

PeckShield reminds us that as long as humans remain a weak point, phishing will remain a major challenge to the security of the crypto ecosystem. Therefore, user education and protection must continue to improve as technology evolves.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

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