In the shadow of the digital age, the crypto realm finds itself in a perpetual dance with shadowy figures, where every new security measure is met with a more cunning adversary. π΅οΈβοΈπ»π
September 2025 arrived like a tempest, leaving behind a trail of digital ashes and shattered wallets. Let us recount the tale of woe. πͺοΈπΈ
14 Major Crypto Incidents in September
CertiK, the digital sentinels of the crypto realm, reported that September witnessed the loss of approximately $155.9 million to exploits, with $26.4 million siphoned through the ancient art of phishing. A staggering 14 major incidents (excluding phishing) each drained over $1 million, a record since March 2024. ππ₯
#CertiKStatsAlert
Combining all the incidents in September weβve confirmed ~$155.9M lost to exploits.
~$26.4M of the total is attributed to phishing.September saw 14 incidents (excluding phishing) with initial losses of over $1M, the highest since March 2024.
More detailsβ¦
– CertiK Alert (@CertiKAlert) September 30, 2025
Where Did the Damage Come From?
The wallets, those fragile vessels of digital wealth, were the primary victims, with $100.8 million spirited away. Phishing, that age-old trick, added another $26.4 million, while code vulnerabilities and exit scams played their own sinister roles. π§ π
Breaking it down by platform, SocialFi projects, those digital castles in the sky, bore the brunt with $42.3 million lost. Exchanges, ever the greedy hosts, followed closely with $41.6 million, while DeFi protocols, the modern-day alchemists, lost $29.1 million. π°πΈ
Biggest Crypto Exploits of the Month
The crown jewel of September’s exploits was UXLINK, which lost over $42.3 million, closely trailed by SwissBorg at $41.4 million. ππ°
Other notable incidents included:
- Bunni v2 ($8.4M) π‘οΈ
- Yala ($7.8M) π‘οΈ
- Acquabot ($4.6M) π‘οΈ
- HyperVault Finance, Shibarium, GriffinAI, OlaXBT Terminal, and Nemo, with losses ranging between $2.5 million to $3.5 million. π‘οΈ
Though phishing scams accounted for $26.4 million, this pales in comparison to the peaks of April and August’s $101 million, a mere drop in the ocean of digital despair. ππ
Yet, amid the chaos, a mere $15,848,750 has been recovered, a drop in the bucket of the digital abyss. π§Ίπ§
Rising Cyber Threats in Crypto
CertiK, the vigilant guardians of the crypto realm, have long warned of an “endless war” against digital marauders, with nearly $2.5 billion in thefts reported in the first half of 2025. βοΈπ‘οΈ
Ronghui Gu, the co-founder of CertiK, warned that as long as vulnerabilities linger, they will be exploited, predicting that next year’s hacks could reach billion-dollar levels. A grim prophecy, indeed, as the digital frontier becomes ever more treacherous. π§ π£
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2025-09-30 17:21