Crypto Hacks Are on the Rise – Best Wallet Has a Safer Alternative for Storing Crypto

Amount of stolen crypto by platform in 2024.

What to Know:

  • 2025 is on tempo to eclipse 2024’s $2.2B theft complete, with this 12 months’s Bybit exploit underscoring rising assault sophistication and focus threat.
  • Non-custodial structure, MPC key administration, and transaction-level defenses deal with the actual assault floor finish customers face at present.
  • Emerging MPC self-custody apps like Best Wallet are rising to satisfy rising retail demand for scorching pockets safety.
  • The $BEST token presale is about to hit $20M earlier than its November 28 finish date, highlighting elevated investor curiosity.

For all the regulation discuss going on currently, crypto crime didn’t cool off. No, 2025 turned up the warmth. Blockchain forensics tally billions siphoned from exchanges, DeFi apps, and finish customers, with mid-year losses already outpacing the entirety of 2024.

Chainalysis’ 2024 crypto report places final 12 months’s theft complete close to $2.2B. Well, 2025 sprinted previous this determine by June – a grim reminder that attackers evolve quicker than many defenses.

This 12 months, a $1.5B exploit at Bybit – attributed by a number of analysts to North Korea’s Lazarus Group – now ranks as the business’s largest heist, concentrating threat and forcing each venue to revisit fundamental assumptions about key administration and operational safety.

And that is removed from the solely main hack occasion in 2025. Chainalysis’ current replace counted nicely over $2.17B in crypto losses by mid-2025.

When you internet out recovered funds, compromised wallets and phishing nonetheless main the scoreboard. The takeaway for anybody energetic on-chain: custody and transaction hygiene matter greater than ever. You want a setup that reduces single factors of failure and filters hostile order move earlier than it hits your steadiness.

That shift in threat notion is pushing customers towards non-custodial tooling with actual, layered defenses. Which is why a wallet-centric stack – non-public keys in your management, transactions screened for predation, connectivity that truly respects requirements – has turn into desk stakes.

It’s additionally why a challenge like Best Wallet Token ($BEST) finds itself squarely in the dialog as buyers look for safer rails to carry and commerce.

Best Wallet ($BEST) – Utility Crypto for a Non-custodial, MPC-Locked Hot Wallet

Best Wallet Token ($BEST) is the rising utility token behind Best Wallet. This crypto app’s design begins at the proper layer: you personal the keys. The app’s non-custodial structure removes custodial counterparty threat after which hardens key administration.

Its Fireblocks’ MPC integration splits your secret key into encrypted shards so no single compromise can drain an account, which eliminates the commonest scorching pockets vulnerability.

At the edge, two-factor and biometric entry guard classes, whereas upcoming anti-fraud programs and MEV safety will deal with crypto fraud, wallet-drainers, front-runs, and sandwich assaults down the line as the pockets safety expands.

That’s the form of layered posture that speaks to 2025’s risk mannequin relatively than 2019’s.

Connectivity issues too. Best Wallet earned WalletConnect Certified status this 12 months, a high quality stamp that exams wallets on safety, reliability, and UX consistency throughout 1000’s of dApps.

In follow, that reduces flaky approvals and signature mismatches, the small paper cuts that usually turn into massive losses. It additionally locations Best Wallet alongside the ecosystem’s prime shoppers on interoperability requirements, an essential sign if you’re plugging into new dApps underneath stay hearth.

The remaining mile is execution. A built-in DEX retains swaps inside the app to restrict publicity to malicious entrance ends, whereas upcoming MEV shielding ought to protect commerce targets throughout risky tapes.

Pair that with restoration choices that skip seed-phrase roulette and also you get a pockets that tries to make safe conduct the default, not a weekend challenge. For merchants watching threat rotations, that mixture of management, screening, and sane UX is the level.

See Best Wallet’s full roadmap.

Best Wallet Token’s Presale Window is Closing on November 28

Risk-on sentiment is again, but it surely’s selective. The $BEST token stands out and offers customers a ruled stake in the pockets ecosystem whereas aligning incentives round safety features most individuals really use.

The presale has crossed $16.9M, with tokens at $0.025925 and the sale scheduled to shut on November 28 – an specific timeline that concentrates decision-making and, traditionally, drives late-stage allocation if curiosity is actual. For a security-first pockets narrative in a 12 months outlined by hacks, that’s a readable setup.

Price discuss is simply nearly as good as the thesis beneath it, although. So, what’s in retailer for this crypto? This $BEST token price forecast explains this crypto’s 2.7x potential. As a wallet-token play poised to profit from broader adoption of safer, standards-compliant shoppers, the upside is tied to actual and sustainable ecosystem progress relatively than speculative buying and selling or hype-fueled APY guarantees.

👉 Find out extra about the challenge in our full guide to $BEST token’s presale.

The tighter the market hyperlinks utility (like MPC, anti-fraud, MEV shielding, licensed connectivity) to on a regular basis buying and selling, the clearer the path for $BEST’s roadmap, holder reductions, and governance to accrue to holders.

If you’re mapping the presale, the threat curve appears easy: an expiring window, safety features aligned with 2025’s ache factors, and a token keyed to the very rails customers contact first. For now, momentum factors sideways; however the safety narrative isn’t going away.

Get $BEST before the presale ends.

This article is academic content material, not monetary recommendation. Crypto belongings are risky; confirm phrases, jurisdictions, and safety practices earlier than taking part.

Authored by Aaron Walker, NewsBTC — https://www.newsbtc.com/news/2025-crypto-hacks-surge-best-wallet-top-crypto-alternative-for-safety/

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