GoPlus: November Web3 Economic Losses from Major Security Incident Reach $180 Million

By: theblockbeats.news|2025/12/04 03:15:58

BlockBeats News, December 4th, according to the GoPlus November Web3 Security Report, in November, the Web3 ecosystem experienced economic losses of $183,981,395 due to major security incidents. Among them, Balancer suffered a loss of $128 million due to an exploit, and Upbit was hacked with a loss of $36.8 million.

The security incidents included smart contract vulnerabilities, social engineering attacks, phishing attacks, fake projects, Rug Pulls, etc. Smart contract vulnerabilities accounted for losses of $175,031,395, with 15 major incidents; phishing attacks resulted in a total loss of approximately $8 million, affecting around 7,000 victims.

「Security」 is becoming increasingly difficult to address with a simple slogan. Instead, it resembles more of a set of governance capabilities that need to be continuously demonstrated: whether it can be verified, whether it can be traced, and whether timely disclosure is possible are becoming important criteria for users when choosing a wallet.

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