The crypto space witnessed $370.3 million in stolen assets during January, according to security company CertiK. This monthly total is the highest in eleven months and has nearly quadrupled from the amount seen in January of the previous year.
CertiK’s Saturday report identified 40 exploit and scam events for the month. Notably, a single social engineering incident led to a staggering $284 million loss, forming the core of the monthly figure.
Phishing scams continued to be a major threat, collectively draining $311.3 million from victims. This means a significant share of the overall theft can be attributed to these types of deceptive attacks.
The scale of January’s theft hearkens back to February 2025, when about $1.5 billion was stolen, largely due to the $1.4 billion breach of the Bybit exchange. The recent data shows a more than 277% surge from the $98 million taken in January 2025 and a 214% climb from December’s $117.8 million in crypto thefts.
