As reported by Bijiie, in the first half of 2025, Web3 theft exceeded $3.1 billion, with phishing and social engineering attacks accounting for $594 million. Solana users lost approximately $90 million to phishing attacks, indicating a shift in attackers' focus from smart contract vulnerabilities to user signatures. Currently, the industry remains overly focused on protocol-level audits, with only about 13% of security tools offering real-time, transaction-level protection against human-targeted attacks.
Solana Phishing Attacks Highlight Shift in Cybersecurity Threats
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Summary
Phishing attacks on Solana surged in H1 2025, costing users $90 million. Web3 theft hit $3.1 billion, with phishing and social engineering taking $594 million. Attackers are now targeting user signatures more than smart contract vulnerabilities. Despite this, most security tools still lack real-time, transaction-level protection. Only 13% of available tools address human-targeted attacks. Smart contract audits remain the industry’s main focus.
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