#How Did Crypto Exploit Losses Change in December?
In December 2025, losses related to crypto exploits experienced a significant decline of over 60% compared to levels recorded in November. The total losses for the month reached $76 million across 26 major incidents, a sharp drop from November's amount of $194 million.
The largest incident during December was a substantial $50 million loss, which was a direct result of an address poisoning attack. This type of attack involves scammers creating deceptive wallet addresses that mimic legitimate ones to mislead users into sending their funds inadvertently.
Another notable incident involved a breach of a multisig wallet, where over $27 million was drained after the attackers exploited a leak of private keys.
What Were the Top Exploits in December?
The top five exploits in December clearly highlight the ongoing threat landscape within the cryptocurrency space. These include:
A multisig wallet breach resulting in over $27 million lost
The babur.sol exploit costing $22 million
Trust Wallet experiencing a loss of $8.5 million
Both Unleash Protocol and Flow Blockchain suffering losses of $3.9 million each
As the month progressed, address poisoning scams remained a prevalent threat, ensuring that security vigilance is paramount for all crypto users.
What Can Investors Learn from These Events?
The significant reduction in exploit losses suggests that the crypto security landscape may be improving. However, the persistence of certain attack strategies, like address poisoning, highlights the importance for investors to remain informed and cautious. Employing effective security measures, such as two-factor authentication and carefully verifying wallet addresses, can help mitigate the risks associated with these types of scams. As the cryptocurrency market evolves, understanding and adapting to these threats is essential for protecting your investments.