Defend Against Cybercrime with the Power of Community

Web3 Security in 2025: Threat Trends and What You Can Do About Them

As the blockchain and Web3 space continues to evolve at lightning speed, so do the threats that come with it. From phishing and private key leaks to smart contract exploits, Web3 users and builders face a growing wave of sophisticated attacks. At ChainBounty, we’re building a new kind of defense — powered by the crowd, made for the decentralized web.Here’s a breakdown of the latest Web3 security trends and how you can stay protected.Why Web3 Security MattersDecentralization gives users ownership and control — but it also removes the safety nets of traditional systems. In Web3, there’s no “forgot password” button. A single signature or leaked key can lead to irreversible loss.Unlike Web2, where centralized platforms monitor for threats, Web3 relies on individual responsibility — making security literacy and proactive defense essential.Recent Incidents & Growing LossesThe numbers speak for themselves:2024 saw 760+ major Web3 attacks, resulting in over $2.36 billion in losses — up 31.61% from the previous year.In January 2025 alone, attackers stole $879 million across 40+ incidents.Phishing and wallet-draining scams are becoming more complex and harder to detect — especially for everyday users.The Most Common Threats1. Phishing AttacksFake sites, malicious DMs, fake support channels — phishing remains the #1 threat. In 2024, phishing alone led to over $1.05 billion in user losses.How ChainBounty helps: Our platform tracks community reports on suspicious dApps, domains, and wallet drainers. Users can check before they click.2. Private Key LeaksIf someone gets your seed phrase, your wallet is gone. Period.Losses from leaked keys reached $855 million in 2024, often due to users entering keys into fake apps or “claim” websites.How to protect yourself:Never share your seed phrase or enter it on any unverified site.Use hardware wallets for cold storage.3. Smart Contract ExploitsEven trusted protocols get hacked — especially bridges and DEXs. Code bugs, unverified contracts, and logic errors can drain millions in seconds.What to do:Always check if a project has undergone an audit.Monitor dApp risk reports on ChainBounty before interacting.How the Industry Is RespondingThe Web3 security space is maturing fast. Here are some trends:Security Audits are now a must for serious projects.Decentralized threat intelligence platforms like ChainBounty are emerging — enabling real-time scam reporting and validation.Integrated Web2/Web3 defenses (like Cloudflare’s secure gateways) are helping protect the user experience.What Makes ChainBounty Different?Traditional security relies on closed systems. ChainBounty is powered by the crowd.Decentralized: Anyone can report suspicious activity.Transparent: Every threat is logged and reviewed on-chain.Incentivized: Contributors earn $BOUNTY tokens for validated reports.All reports are added to the Threat Report Database (TRDB), which powers detection tools like ScamHunter and provides APIs for wallet extensions, dApps, and exchanges to preempt phishing.Final ThoughtsWeb3’s growth brings massive opportunity — and massive responsibility. Security isn’t optional — it’s foundational.Stay informed. Stay alert. And remember, you don’t have to fight scams alone. Join the ChainBounty movement, and be part of the defense.👉 community.chainbounty.iosourcesSlowmist 2024/2025 Web3 Security Report: Slowmist Official BlogCertiK 2024 Security Report: CertiK BlogGoPlus Security:GoPlus Security Official WebsiteCloudflare Web3 Security:Cloudflare Official Blog (Web3 Tag)

Web3 Scam Trends: What Thousands of Community Reports Reveal — And How to Stay Safe

Web3 Scam Trends: What Thousands of Community Reports Reveal — And How to Stay SafeAs Web3 grows, so do the scams. Phishing links, fake dApps, and wallet-draining contracts are more sophisticated than ever. But thanks to the ChainBounty community, we now have a clearer picture of what to watch for.Based on hundreds of real user reports submitted at ChainBounty, here are the most common scam types — and how to protect yourself.1. Fake dApps & Clone SitesWhat happens:Scammers copy real platforms like Uniswap, Blur, or MetaMask and host fake versions under misleading domains. Once users connect their wallets, the fake dApp initiates unauthorized transactions.How to stay safe:Always check the domain name carefully.Bookmark official sites.Use browser plugins like ChainBounty Alerts (coming soon) to auto-flag risky domains.Report suspicious URLs at ChainBounty Threats.2. “Claim Now” Phishing LinksWhat happens:Users are tricked into clicking “claim reward” buttons for fake airdrops. The links usually trigger hidden approve() functions that give attackers access to your wallet.How to stay safe:Don’t click reward links from DMs, replies, or unknown sources.Review every transaction and check the “permissions” granted.Use a burner wallet for experimental dApps or airdrops.3. Fake Airdrops & Drainer TokensWhat happens:Scam tokens show up in wallets, directing users to “claim” more via malicious sites. These often initiate stealthy contract calls to drain funds.How to stay safe:Don’t interact with unknown tokens suddenly appearing in your wallet.Never sign a transaction you don’t understand.Search token contracts on ScamHunter to check for risks before engaging.4. Wallet Draining via Message SignatureWhat happens:Victims sign a message (not a transaction), unknowingly allowing attackers future control over assets via permit() or gasless execution.How to stay safe:Don’t sign messages from dApps you don’t fully trust.Be cautious of “Login to claim reward” or “verify account” requests.Use wallets like Rabby or WalletGuard that warn about suspicious signatures.💡Track it on BountyTrackWhile message signatures themselves are not stored on-chain, BountyTrack can help detect the aftermath — such as abnormal withdrawals or contract calls initiated through signature-based attacks.By analyzing wallet behavior patterns and their interactions with related dApps, users can trace, report, and block suspicious actors before more damage is done.5. Hacked Verified AccountsWhat happens:Even verified Twitter/X accounts — influencers, projects, or DAOs — can get hacked. Scammers then share malicious links under trusted handles.How to stay safe:Don’t trust posts solely based on blue checkmarks.Always double-check URLs.Check replies — often users will flag suspicious behavior.Report phishing attempts to ChainBounty.Why This MattersEvery scam report submitted on ChainBounty is verified by the community and stored in the Threat Reputation Database (TRDB) — an on-chain intelligence source powering alerts and protections across Web3.By participating, users are rewarded.By sharing, you help prevent the next attack.By connecting TRDB with dApps and wallets, phishing can be blocked before it strikes.Get InvolvedIf you’ve encountered a phishing link, fake dApp, or suspicious token:🔗 Submit a report hereHelp make Web3 safer — for you and for everyone else.The more we share, the stronger the defense.

ChainBounty Presents: BountyTrack

Your Web3 Radar Against Crypto ScamsWith scams growing smarter and wallets vanishing overnight, Web3 urgently needs real-time, community-powered tools for early fraud detection. That’s why BountyTrack exists — and now, it just got a major upgrade.What Is BountyTrack?BountyTrack is a crypto investigation dashboard built for Web3 users, security analysts, and on-chain detectives.Its mission? To help users analyze suspicious wallet activity, detect patterns before damage is done, and ultimately prevent fraud before it spreads.Now supporting over millions blockchains, BountyTrack empowers you to investigate wallet behavior across:Ethereum (ERC20), Bitcoin, Binance Smart Chain, Polygon, Avalanche, Tron, Solana, Ripple, Klaytn, Fantom, Cardano, and more.Key FeaturesMulti-chain wallet tracking : Trace a suspicious wallet’s activity across major L1 chains and sidechains.Token contract filtering: Narrow down results to specific tokens (not just native assets).Time-based investigation: Focus your analysis on specific transaction periods.Source & distribution depth control: Customize how deep to trace transactions in both directions.Visual fraud patterns : Generate intuitive graphs to understand flows and relationships instantly.Visualize flows. Trace origins. Flag scams faster.Real Use CasesSuspect a wallet involved in phishing? Track it and flag it.Lost funds to a fake airdrop? Submit a full on-chain report.A known influencer’s wallet seems compromised? Monitor and alert before followers are harmed.Built for Investigators, Powered by the CommunityWith a simple interface and powerful forensic tools, BountyTrack lowers the barrier for anyone to become an on-chain investigator. Whether you’re a security researcher, DAO operator, journalist, or simply a concerned user — you now have the tools to take action.Stop Fraud Before It SpreadsScams aren’t just a technical problem — they’re a timing problem. The faster we investigate, the faster we can protect.Start your investigation today: https://track.chainbounty.io