Scam Sniffer Report Shows 2025 Crypto Phishing Losses Fall to About $84 Million
On 4 January 2026, Scam Sniffer reported that wallet-draining phishing schemes on Ethereum-compatible networks stole about $84 million in 2025, with roughly 106,000 wallets impacted. Losses declined sharply from the prior year as market activity cooled, while attackers shifted toward more frequent, lower-value campaigns and quickly exploited new Ethereum features such as EIP-7702 after the Pectra upgrade.