Web3 Security Incidents in February 2025 Result in Significant Losses

According to Foresight News, security incidents in the Web3 sector during February 2025 have resulted in estimated losses totaling $1.681 billion. The SlowMist blockchain hacker database recorded 15 hacking incidents, leading to approximately $1.676 billion in losses, with $52.45 million either frozen or recovered. Additionally, data from the Web3 anti-fraud platform Scam Sniffer indicates that 7,442 individuals fell victim to phishing attacks this month, incurring total losses of $5.32 million. The primary causes of these incidents include vulnerabilities in smart contracts, social engineering, account intrusions, and private key leaks.