Crypto phishing losses fell 83% in 2025, but drainer ecosystem ‘remains active’

In 2025, losses from crypto phishing attacks decreased by 83%, indicating a significant decline in such fraudulent activities. Despite this reduction, the drainer ecosystem, which facilitates the theft of funds from compromised wallets, continues to operate actively. Security experts emphasize the importance of ongoing vigilance and protective measures against potential threats. The decline in phishing losses suggests improvements in user awareness and security practices within the crypto community. However, the persistent activity of drainers highlights the need for continued efforts to combat these risks.

Read the full article: Coin Telegraph