A hacking exploit is currently ongoing, resulting in the theft of hundreds of cryptocurrency wallets, with total damages around $107,000 USD and still increasing. The incident was uncovered by blockchain investigator ZachXBT, highlighting that security risks remain very high for cryptocurrency users.
The attack targeted wallets across multiple EVM-compatible blockchains, with each victim losing less than $2,000 USD. By splitting the stolen funds into smaller amounts, the attackers avoided triggering automatic alerts while still maximizing profits. A suspicious wallet address has been identified, but the root cause remains unclear.
Some users reported receiving fake phishing emails impersonating MetaMask, while others suspect a connection to the recent Trust Wallet extension incident. However, investigators have not confirmed any direct link.
According to Chainalysis, 2025 saw a sharp increase in personal wallet breaches, indicating that security remains a major challenge as we move into 2026.
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