Cryptographic scams down 98% in March 2025 – no longer risks risks?

• Crypto scam and hacking loss considerably dropped to $ 28.8 million in March
• Paul Atkins aims to create a rational and coherent cryptographic regulatory framework as a dry president

Despite the turbulence in 2025 so far, a promising sign of the market has appeared recently.

March sees a drop in cryptographic scams

The losses of scams, exploits and cryptographic hacks dropped to only $ 28.8 million in March – a spectacular drop compared to $ 1.5 billion in February. The latter were mainly motivated by the hacking of Bybit.

This clear drop suggests that security measures can improve or that attackers find less vulnerability to exploit.

According to data and statistics presented in an X post by the security company Blockchain Certik,

“The code vulnerabilities have represented the most losses, at more than $ 14 million, while portfolio compromises were used to steal more than $ 8 million.”

Among the few notable exploits in March, the largest was an intelligent contract violation of $ 13 million on March 25. This feat targeted the decentralized loan protocol Abracadabra.Money.

What led to the decline?

According to a report by a blockchain security company, the attacker has manipulated the system by taking funds several times, liquidating their own positions and taking again without reimbursing.

Noticed on the same, Certik said,

“This was due to the liquidation process which does not crush the recordings in the Router which counted as guarantee, allowing it to exploit it falsely additional funds after the liquidation.”

In addition to the important feat of Abracadabra.Money, March has also seen other losses very publicized in the cryptographic space.

The Zoth replenishment protocol experienced a violation, with more than $ 8.4 million in stolen assets after compromise of the deployer portfolio.

While some funds have been returned, including a resumption of $ 5 million by decentralized exchange aggregators 1inch thanks to a bug bonus agreement, total losses for the month exceeded $ 33 million.

A notable addition to this count was an unsuccessful loss of 400 bitcoin, valued at $ 34 million, by an unidentified Coinbase user.

In addition, phishing scams and the trade in the cryptography of the usurpation may have contributed to more than $ 46 million in potential losses. Figures like these simply underline the risks in progress in the cryptographic ecosystem.

Does the Trump administrator turn out to be better than that of Biden?

These episodes also highlight a change in the regulatory approach under the Trump administration, compared to the strict position of the Biden administration.

Consequently, with increasing concerns concerning cryptographic scams and security violations, the introduction of a well -defined regulatory framework could considerably reduce these losses.

In fact, Paul Atkins, appointed by President Trump for the president of the SEC, has already undertaken to establish a “rational” and “coherent” regulatory structure for the cryptographic industry.

As expected, in his declaration during the hearing of the Banque Committee of the American Senate, he said it better when he said,

“An absolute priority of my presidency will be to work with my colleagues commissioners and the congress to provide a firm regulatory basis for digital assets thanks to a rational, coherent and based on principles.”

This decision could provide essential clarity and stability, opening the way to mitigate risks and further reduce scams and cryptography losses.