Crypto’s September Meltdown: $155 Million Vanishes into Thin Air 💸

by

Ah, the world of cryptocurrency! A place of dazzling promises, boundless opportunities… and apparently, a treasure chest for thieves. In the month of September, the crypto industry, ever so naive, lost a staggering $155.9 million to the relentless clutches of hackers. This wasn’t your average petty theft, mind you – no, this was a series of 14 major incidents, a feat only surpassed by the great scam wave of March. Phishing alone didn’t steal the show this time, but it still took a slice of the pie – about $26.4 million.

But fear not, dear reader! The total loss was, in fact, less than the $163 million of August. So… um… progress, right? Of course, the number of attacks and their scale has risen to absurd levels. An alarming trend, wouldn’t you say? 📉

#CertiKStatsAlert 🚨

Hold on to your digital wallets! The September carnage tallied up to ~$155.9M, with ~$26.4M falling victim to the phishing schemes.

Fourteen separate incidents, each with losses surpassing $1M. The worst since the ‘glorious’ March 2024.

More details…

– CertiK Alert (@CertiKAlert) September 30, 2025

Let’s break it down, shall we? Over $100 million disappeared into the ether thanks to compromised wallets. Phishing – that sneaky little trickster – contributed its usual portion, just shy of $26 million. But wait, there’s more! We also had our share of code vulnerabilities, exit scams, and market manipulations. All in a day’s work for these digital bandits. The most entertaining disaster of them all? UXLINK, which managed to lose $45.5 million to phishing. A 99.99% price drop in a day! Talk about a fall from grace! From $0.0000009065 to… well, probably nothing.

And let’s not forget about SwissBorg. This charming Swiss crypto platform, once a safe haven for your assets, found itself outsmarted by hackers who drained $40 million in Solana after exploiting a hole in Kiln’s API. A cool $41 million worth of Solana tokens simply vanished, as if they were never there. Poof. Gone.

Though the attack numbers in September were slightly lower than the previous month, let this be a cautionary tale: The crypto world is as safe as a bank vault… if that vault is made of paper and the door is wide open. So, do your homework before diving into the wild west of digital currencies. Consult the experts, analyze, and for the love of all that is holy, don’t just click on random links! 🧐

Read More

2025-09-30 17:24