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[CertiK Report: Web3 Security Losses Reach $118 Million in December 2025, Phishing Attacks Account for Nearly 79%] According to CertiK's December 2025 statistical report, on-chain security incidents resulted in approximately $118 million in losses, with phishing attacks causing $93.46 million in damages, accounting for nearly 79% of the total losses. This includes $51.85 million in losses from 'address poisoning' type attacks. Other major sources of losses include wallet theft ($29.44 million) and insider misconduct ($11.38 million). The Trust Wallet vulnerability was the largest single incident of the month, resulting in $8.5 million in losses, with only approximately $159,000 recovered, reflecting an extremely low recovery rate.