According to the latest anti-fraud data report, the scale of crypto phishing disruptions in 2025 has significantly contracted. Losses decreased from $494 million two years ago to $83.85 million, an 83% drop; the number of victims also fell sharply from a historical high, down 68% year-over-year to approximately 106,000 people.
While this data appears encouraging, underlying risks still exist. The report points out that phishing risks are closely linked to market cycles—whenever the market starts, fraud cases tend to increase. During the rebound in the third quarter, loss peaks even reached the highest point of the year.
What is more concerning are the new technological changes. After the Pectra upgrade, new phishing attacks targeting the EIP-7702 standard have emerged, meaning security defenses need to keep pace with technological iterations, and both user psychology and system defenses are being tested. Digital asset security has never been just a technical issue; it involves the ongoing vigilance of market participants.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
7 Likes
Reward
7
4
Repost
Share
Comment
0/400
MEVSandwich
· 01-03 07:52
An 83% drop sounds satisfying, but when the market picks up, fraud cases will reemerge. This trick is all too familiar.
The new tricks of EIP-7702 really need to be guarded against. As technology upgrades, attack methods must also improve.
View OriginalReply0
UncleWhale
· 01-03 07:51
83% decline sounds comfortable, but once the market picks up, the true nature is revealed. We've seen this routine before.
The more intense the market, the more aggressive the phishing. When a new EIP-7702 attack emerges, who can avoid it? Stay alert at all times.
Good-looking data is nice, but the new tricks after Pectra are the real trouble, and hardware wallets are still necessary.
Phishing will never die out; a drop in data is just an illusion. When the bull market arrives, doubling your assets won't be surprising.
In short, every time technology iterates, hackers update their tactics. We have to run faster than them.
View OriginalReply0
ServantOfSatoshi
· 01-03 07:41
Haha, trying to trick us with new tricks again. Keep a close eye on EIP-7702.
View OriginalReply0
LiquiditySurfer
· 01-03 07:25
An 83% drop sounds impressive, but honestly, it just means the market isn't doing well and everyone has given up. When the bull run comes, we'll have to go through the same old tricks again.
EIP-7702, this new gimmick, is somewhat interesting. The security defenses can't keep up with the pace of technological iteration; it's always the same rhythm.
Fishing, at its core, is a game of human nature. No matter how many defense mechanisms are in place, they can't stop that moment of greed.
According to the latest anti-fraud data report, the scale of crypto phishing disruptions in 2025 has significantly contracted. Losses decreased from $494 million two years ago to $83.85 million, an 83% drop; the number of victims also fell sharply from a historical high, down 68% year-over-year to approximately 106,000 people.
While this data appears encouraging, underlying risks still exist. The report points out that phishing risks are closely linked to market cycles—whenever the market starts, fraud cases tend to increase. During the rebound in the third quarter, loss peaks even reached the highest point of the year.
What is more concerning are the new technological changes. After the Pectra upgrade, new phishing attacks targeting the EIP-7702 standard have emerged, meaning security defenses need to keep pace with technological iterations, and both user psychology and system defenses are being tested. Digital asset security has never been just a technical issue; it involves the ongoing vigilance of market participants.