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PeckShield: Crypto Scams and Hacks Exceeded $4.04 Billion in Losses During 2025
Blockchain security firm PeckShield reported that crypto hacks and scams collectively drained more than $4.04 billion in 2025, with $2.67 billion attributed to hacks and $1.37 billion to scams. Fraud-related losses increased about 64% year over year, driven by highly targeted phishing and impersonation campaigns aimed at high-value users, while major incidents such as Bybit's $1.51 billion breach underscored growing pressure on centralized platforms.
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Investor Loses Over $282 Million in BTC and LTC After Fake Trezor Support Scam on 10 January 2026
On 10 January 2026, an investor lost more than $282 million in Bitcoin and Litecoin in a social engineering scam tied to a fake Trezor support channel. The attackers allegedly obtained the victim's recovery seed phrase, drained 1,459 BTC and 2.05 million LTC, and then laundered funds via instant exchanges, Thorchain and Monero, while Monero's price jumped 36% in seven days.
BTC
BTC-0.22%
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South Korea to Seek U.S. Talks on Exempting Samsung and SK Hynix from Trump's 25% AI Chip Tariffs
On Sunday, a South Korean presidential spokesperson said the government will seek direct discussions with the United States to secure favorable terms under Donald Trump's new 25% tariff on imported artificial intelligence chips. Officials aim to ensure Samsung Electronics and SK Hynix remain outside the initial scope of the measure, which currently targets advanced AI chips from Nvidia and AMD rather than South Korean memory chips.
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China's December rare-earth exports fall to 6,745 tons as new controls target Japan and spur G7 response
China exported 6,745 tons of rare-earth products in December, down from 6,958 tons in November, according to customs data released Sunday. Beijing has introduced tighter controls on shipments with potential military use that mainly affect Japan, while the U.S., G7 finance ministers and partners met in Washington to discuss reducing dependence on Chinese rare earths and supporting alternative supply chains.
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