Immunefi CEO: On-chain security is improving, but people are becoming the biggest vulnerability in crypto security

CoinVoice · 2026-01-19T14:46:12+00:00

Immunefi CEO pointed out that although cryptocurrency losses are rising, on-chain security is improving. In 2025, the number of hacking attacks will reach a record high, mainly due to Web2 operational errors, with human factors becoming the weak link in Web3 security. In 2025, crypto scam losses will reach $17 billion, with AI scams being significantly more profitable than traditional methods.

CoinVoice

2026-01-19 14:46:12

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CoinVoice has learned that, according to a report by CoinDesk, Immunefi CEO Mitchell Amador stated in a recent interview that although cryptocurrency losses continue to rise, on-chain security is improving. 2025 is recorded as the year with the most severe hacking attacks, but the largest security failures are not due to on-chain code, but rather operational errors from Web2, such as passwords, private keys, infected devices, and human mistakes.

As code becomes increasingly difficult to exploit, the main attack surface for crypto security in 2026 will be humans, as human factors have become a weak link that Web3 participants must prioritize. This view is consistent with findings from a Chainalysis report.

The report shows that in 2025, cryptocurrency losses due to scams and fraud amounted to approximately $17 billion. Among these, impersonation scams increased by 1400% year-over-year, and AI-driven scams are 450% more profitable than traditional schemes.

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