Study finds 65,340 risky crypto addresses tied to $574 million in losses
A study presented at USENIX Security '26 identified 65,340 risky crypto addresses involved in misuse across Ethereum and BNB Smart Chain, with 126,982.94 ETH and 17,726.7 BNB in associated native-token losses.
The researchers valued losses associated with those risky crypto addresses at more than $574.8 million. But the two newly described active attack vectors directly account for about $15.7 million, or 2.7%, of that figure. The full paper also used May 2025 reference prices of $4,408 per ETH and $847 per BNB, rather than each token's dollar value when the losses occurred.
How risky crypto addresses become traps
The study separates the problem into contract-account misuse and externally owned account misuse.
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