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Cryptocurrency Hack Losses Fall 87% in February as Scammers Shift to Phishing
As crypto investors caught their breath after a bruising start to the year, the tide of digital heists appeared to ease in February. According to new data from Nominis, hackers and scammers stole roughly $49.3 million across major incidents, down sharply from $385 million the month before. Yet behind the seeming reprieve, experts warn of a more insidious threat: the rise of scams that don’t exploit code, but people. Nominis’ February 2026 report shows a clear pivot in attacker behavior. Rather than exploiting smart contract flaws or blockchain infrastructure, many incidents relied on phishing, malicious ... (full story)
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