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

What to Know:

• 2025 is on pace to eclipse 2024’s $2.2B theft total, with this year’s Bybit exploit underscoring rising attack sophistication and concentration risk.
• Non-custodial architecture, MPC key management, and transaction-level defenses address the real attack surface end users face today.
• Emerging MPC self-custody apps like Best Wallet are rising to meet growing retail demand for hot wallet security.
• The $BEST token presale is set to hit $20M before its November 28 end date, highlighting increased investor interest.

For all the regulation talk going on lately, crypto crime didn’t cool off. No, 2025 turned up the heat. Blockchain forensics tally billions siphoned from exchanges, DeFi apps, and end users, with mid-year losses already outpacing the entirety of 2024.

Chainalysis’ 2024 crypto report puts last year’s theft total near $2.2B. Well, 2025 sprinted past this figure by June – a grim reminder that attackers evolve faster than many defenses.

This year, a $1.5B exploit at Bybit – attributed by multiple analysts to North Korea’s Lazarus Group – now ranks as the industry’s largest heist, concentrating risk and forcing every venue to revisit basic assumptions about key management and operational security.

And this is far from the only major hack event in 2025. Chainalysis’ recent update counted well over $2.17B in crypto losses by mid-2025.

When you net out recovered funds, compromised wallets and phishing still leading the scoreboard. The takeaway for anyone active on-chain: custody and transaction hygiene matter more than ever. You need a setup that reduces single points of failure and filters hostile order flow before it hits your balance.

That shift in risk perception is pushing users toward non-custodial tooling with real, layered defenses. Which is why a wallet-centric stack – private keys in your control, transactions screened for predation, connectivity that actually respects standards – has become table stakes.

It’s also why a project like Best Wallet Token ($BEST) finds itself squarely in the conversation as investors look for safer rails to hold and trade.

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

Best Wallet Token ($BEST) is the emerging utility token behind Best Wallet. This crypto app’s design starts at the right layer: you own the keys. The app’s non-custodial architecture removes custodial counterparty risk and then hardens key management.

Its Fireblocks’ MPC integration splits your secret key into encrypted shards so no single compromise can drain an account, which gets rid of the most common hot wallet vulnerability.

At the edge, two-factor and biometric access guard sessions, while upcoming anti-fraud systems and MEV protection will handle crypto fraud, wallet-drainers, front-runs, and sandwich attacks down the line as the wallet security expands.

That’s the kind of layered posture that speaks to 2025’s threat model rather than 2019’s.

Connectivity matters too. Best Wallet earned WalletConnect Certified status this year, a quality stamp that tests wallets on security, reliability, and UX consistency across thousands of dApps.

In practice, that reduces flaky approvals and signature mismatches, the small paper cuts that often become big losses. It also places Best Wallet alongside the ecosystem’s top clients on interoperability standards, an important signal when you’re plugging into new dApps under live fire.

The final mile is execution. A built-in DEX keeps swaps inside the app to limit exposure to malicious front ends, while upcoming MEV shielding should preserve trade targets during volatile tapes.

Pair that with recovery options that skip seed-phrase roulette and you get a wallet that tries to make secure behavior the default, not a weekend project. For traders watching risk rotations, that combination of control, screening, and sane UX is the point.

See Best Wallet’s full roadmap.

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

Risk-on sentiment is back, but it’s selective. The $BEST token stands out and gives users a governed stake in the wallet ecosystem while aligning incentives around security features most people actually use.

The presale has crossed $16.9M, with tokens at $0.025925 and the sale scheduled to close on November 28 – an explicit timeline that concentrates decision-making and, historically, drives late-stage allocation if interest is real. For a security-first wallet narrative in a year defined by hacks, that’s a readable setup.

Price talk is only as good as the thesis underneath it, though. So, what’s in store for this crypto? This $BEST token price forecast explains this crypto’s 2.7x potential. As a wallet-token play poised to benefit from broader adoption of safer, standards-compliant clients, the upside is tied to real and sustainable ecosystem growth rather than speculative trading or hype-fueled APY promises.

Find out more about the project in our full guide to $BEST token’s presale.

The tighter the market links utility (like MPC, anti-fraud, MEV shielding, certified connectivity) to everyday trading, the clearer the path for $BEST’s roadmap, holder discounts, and governance to accrue to holders.

If you’re mapping the presale, the risk curve looks straightforward: an expiring window, security features aligned with 2025’s pain points, and a token keyed to the very rails users touch first. For now, momentum points sideways; but the security narrative isn’t going away.

Get $BEST before the presale ends.

This article is educational content, not financial advice. Crypto assets are volatile; verify terms, jurisdictions, and security practices before participating.

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