Web3 Security Incidents Cause $414M in Losses in January 2026

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Web3 security incidents in January 2026 caused $414 million in losses, according to a report by GoPlus. Smart contract vulnerabilities, social engineering, phishing, honeypot tokens, and rug pulls were the main causes. Contract security breaches alone led to $375 million in losses from 20 major events. Phishing attacks affected 5,000 victims and caused $20 million in losses. A total of 390 new honeypot tokens were found on ETH, Base, and BSC, down from December.

ChainCatcher news, according to the latest report from GoPlus, in January 2026, the economic loss caused by major security incidents in Web3 reached $414 million. The types of security incidents include smart contract vulnerabilities, social engineering attacks, phishing attacks, honeypot tokens, rug pulls, etc. Among them, Exploit (including contract attacks, social engineering fraud, private key leaks, etc.) caused $375 million in losses due to 20 major incidents. The total loss caused by phishing attacks was approximately $20 million, affecting about 5,000 victims. In that month, 390 new honeypot tokens were detected on ETH, Base, and BSC, a decrease compared to December.

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