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Security measures must improve to combat increasing crypto breaches

Dyma Budorin, Hacken CEO, highlights the critical need for improved blockchain security measures in 2025 following 2024’s security breaches, which cost the crypto industry over 2.9 billion USD. These breaches underline vulnerabilities, especially in access control and private key management, with losses totaling 1.7 billion USD.

Mandatory compliance regulations such as MiCA and DORA are set to elevate cybersecurity standards across the crypto landscape in 2025. Budorin urges adherence to the CryptoCurrency Security Standard (CCSS), emphasizing the need for thorough audits and robust security protocols to prevent future vulnerabilities.

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