Crypto losses from hacks and exploits hit $400M in January

Blockchain security firm CertiK reported that losses from exploits and hacks totaled $400 million in January, with phishing attacks accounting for over 70% of the figure. A significant portion of this came from a single phishing attack on Jan. 16 that targeted hardware wallet users, resulting in the theft of approximately $284 million. In that incident, an attacker impersonated customer support for hardware wallet manufacturer Trezor to obtain victims' recovery seed phrases, ultimately stealing 1,459 BTC and 2.05 million LTC.