Hacken Report Flags $3.1B Web3 Meltdown, 1,025% Spike in AI
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The report suggests a shift beyond code-level failures in Web3, with attackers increasingly targeting AI pipelines and national infrastructure dependencies embedded in decentralized systems.
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Hongji Feng
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Hongji Feng
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Hongji is a reporter who covers crypto, finance, and tech. He graduated from Northwestern University's Medill School of Journalism with a Bachelor's and a Master's. He has previously interned at HTX,...
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July 24, 2025
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Key Takeaways:
Web3 platforms lost $3.1 billion in H1 2025, already surpassing full-year 2024 losses.
Access control failures were the leading cause, followed by phishing and smart contract bugs.
AI-related attack vectors rose by 1,025%, showing risks in inference layers and APIs.
Web3 projects lost $3.1 billion to exploits and scams in the first half of 2025, according to the Hacken 2025 Half-Year Web3 Security Report published July 24.
The report states that the amount lost in H1 this year has already exceeded the total losses recorded across all of 2024. It attributes $1.83 billion of this amount to access control exploits, the majority of which occurred in Q1.
AI-Related Exploits Explode by 10x in Web3.
Phishing and social engineering attacks accounted for $600 million, a sharp increase from the previous year. Another $263 million was lost due to smart contract...
https://cryptonews.com/news/hacken-report-3-1b-web3-meltdown-ai-attacks/
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