Cryptocurrency Losses in February Drop by 80%, as Hackers Shift Focus from Code to Humans

2026/03/11 14:34 (Updated 2026/03/12 06:01)
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Written by N.Koda
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Cryptocurrency Losses in February Drop by 80%, as Hackers Shift Focus from Code to Humans

Increase in Attacks Exploiting Human Vulnerabilities

The monthly report released by blockchain security company Nominis on the 9th indicates a significant decrease in cryptocurrency-related security breaches in February 2026. While the total damage amounted to approximately $49.3 million, a sharp decline from the previous month, it has become evident that individual users are increasingly targeted, marking a significant shift in attack strategies. The report highlights that hackers are moving away from exploiting technical vulnerabilities in smart contracts to more human-centered approaches, such as phishing and address poisoning.

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Iolite Vol.18

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March 2026 issueReleased on 2026/01/30

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MAGAZINE

Iolite Vol.18

March 2026 issueReleased on 2026/01/30
Interview: Iolite FACE vol.18 Takeshi Chino, Representative Director, Binance Japan PHOTO & INTERVIEW: Mai Shin Special Features: “Future Money — The Current State of Value Transfer” “Upcoming Amendments to Japan’s Crypto Asset Regulations” “The Reality of IEOs” Crypto Journey Beyond a Treasury Company: Becoming an Ethereum Evangelist — The Essence and Determination Behind HODL1’s Digital Asset Treasury (DAT) Strategy Interview with Hiroki Tahara, Representative Director, Kusim Inc. (now HODL1) Series: “Expert Perspectives on Interpreting Volatile Crypto Markets” — Kasou NISHI Series Tech and Future — Toshinao Sasaki …and more