MAROKO133 Update crypto: Visa-Issued Crypto Card Spending Jumps 525% in 2025 Hari Ini

📌 MAROKO133 Update crypto: Visa-Issued Crypto Card Spending Jumps 525% in 2025 Waj

Spending through Visa-issued crypto cards surged in 2025, with total net transaction volume rising 525% over the year, signaling growing consumer use of crypto-linked payment products for everyday purchases.

Data from Dune Analytics shows that net spend across six crypto cards issued by blockchain projects in partnership with Visa climbed from $14.6 million in January to $91.3 million by the end of December.

The cards are offered by crypto payments platforms GnosisPay and Cypher, alongside decentralized finance projects EtherFi, Avici Money, Exa App and Moonwell.

EtherFi Tops Visa-Issued Crypto Cards With $55M in Spend

Among the group, EtherFi’s Visa-backed card led by a wide margin, recording $55.4 million in total spending during the year.

Cypher followed with $20.5 million, while the remaining cards accounted for smaller but steadily rising volumes.

Market observers say the figures point to a shift in how crypto users interact with digital assets. In a post on X, Polygon researcher Alex Obchakevich said the data highlights both rapid user adoption and the strategic role crypto and stablecoins are playing within Visa’s broader payments ecosystem.

He added that rising spend volumes suggest crypto is moving beyond experimentation toward routine financial use.

The trend could accelerate further in 2026 as Visa expands its stablecoin efforts.

The payments giant now supports stablecoins across four blockchains and has stepped up partnerships and infrastructure work aimed at improving access for both retail and institutional clients.

In mid-December, Visa launched a dedicated stablecoin advisory team focused on helping banks, merchants and fintech firms deploy and manage stablecoin-based products.

The initiative underscores Visa’s view that blockchain-based settlement and programmable money are becoming increasingly relevant to global payments.

As crypto cards gain traction, the sharp rise in spending suggests that linking digital assets to familiar payment rails may be one of the clearest paths to mainstream usage.

Stablecoin Volumes Hit Record Highs as USDT and USDC Cement Dominance

Stablecoin usage surged over the past year, with transaction volumes reaching record levels.

Data from payments platform Bridge shows total stablecoin transaction volume has surpassed $2.5 trillion, while overall supply has climbed to an all-time high, driven largely by the continued expansion of Tether’s USDT.

Chainalysis data underscores the scale of activity. Between June 2024 and June 2025, USDT processed more than $1 trillion in transactions each month, peaking at $1.14 trillion in January 2025.

USDC also saw heavy usage, ranging from $1.24 trillion to $3.29 trillion monthly, with notable spikes late last year. Together, the figures highlight the central role of USDT and USDC in global crypto infrastructure.

Despite that dominance, the stablecoin market remains fragmented and evolving. Chainalysis notes rapid growth among smaller tokens such as EURC, PYUSD and DAI, pointing to more specialized use cases.

EURC’s monthly volume jumped from about $47 million to over $7.5 billion in a year, while PYUSD also expanded steadily. Analysts say the trend suggests stablecoins are diverging by geography and function, even as overall adoption continues to accelerate.

The post Visa-Issued Crypto Card Spending Jumps 525% in 2025 appeared first on Cryptonews.

🔗 Sumber: cryptonews.com

📌 MAROKO133 Update crypto: SlowMist Warns of Sophisticated 2FA Scam Targeting Meta

SlowMist Chief Security Officer “23pds” issued an urgent warning about a new phishing scam targeting MetaMask users through fake two-factor authentication verification pages designed to steal wallet recovery phrases.

The sophisticated attack mimics MetaMask’s security interface using spoofed domain names that closely resemble the legitimate platform, tricking users into believing they’re completing standard security procedures while surrendering critical wallet credentials.

The scam operates through multiple deceptive stages that exploit user trust in security protocols.

Attackers create fraudulent domains like “mertamask” instead of “metamask” and redirect victims to convincing security alert pages that appear authentic.

Users then encounter what appears to be a standard 2FA verification screen, complete with countdown timers and realistic safety reminders, which builds false confidence before the final step requests their seed phrase under the guise of authentication completion.

New Attack Vector Emerges as Phishing Tactics Evolve

While overall phishing losses declined sharply in 2025, with wallet-draining attacks dropping 83% to $83.85 million from nearly $494 million the previous year, attackers continue to adapt their methods.

According to a Cryptonews report, the number of affected users fell to approximately 106,000, a 68% year-over-year decrease.

Yet sophisticated operations like the MetaMask 2FA scam show that threat actors continue to refine social engineering tactics even as aggregate losses decline.

Phishing activity tracked closely with broader market cycles throughout 2025, with the third quarter recording the highest losses at $31 million during Ethereum’s strongest rally.

August and September alone accounted for nearly 29% of total annual losses, reinforcing what security experts see as phishing operating as a “probability function of user activity,” where higher transaction volumes increase the potential victim pool.

The largest single incident of the year involved a $6.5 million theft in September tied to a malicious Permit signature.

Permit and Permit2 approvals remained the most effective attack vectors, accounting for 38% of losses in cases exceeding $1 million, while new attack vectors emerged following Ethereum’s Pectra upgrade.

Attackers began abusing EIP-7702-based malicious signatures, which enable multiple harmful actions to be bundled into a single user approval, leading to two such incidents in August that resulted in $2.54 million in losses.

Despite the overall decline, attackers shifted strategies from large-scale heists to mass retail campaigns, with only 11 cases exceeding $1 million in 2025 compared to 30 the previous year.

The average loss per victim fell to $790, pointing to a broader focus on retail users rather than isolated high-profile thefts.

Recent coordinated attacks have drained hundreds of wallets across EVM-compatible networks, with individual losses typically under $2,000 per address.

Industry Mobilizes Defense Networks Against Persistent Threats

Major wallet providers, including MetaMask, Phantom, WalletConnect, and Backpack, have launched a global phishing defense network through partnership with the Security Alliance (SEAL), creating what they describe as a “decentralized immune system” for real-time threat identification.

The system allows anyone worldwide to submit verifiable phishing reports, which are automatically validated and broadcast to all participating wallets, enabling quicker response times and potentially saving more funds.

“Drainers are a constant cat-and-mouse game,” MetaMask security researcher Ohm Shah said. “Partnering with SEAL allows wallet developers to move faster and throw a wrench at the drainer’s infra.“

The defense effort builds on SEAL’s verifiable phishing reports tool, which lets security researchers prove that reported websites actually host phishing content.

Beyond technical exploits, deepfake technology has emerged as another threat vector, with Manta Network co-founder Kenny Li revealing back in April that he was targeted in a sophisticated Zoom call using prerecorded videos of familiar individuals.

The attackers attempted to trick him into downloading malicious script files disguised as Zoom updates, with Li suspecting North Korea-linked Lazarus Group involvement.

Meanwhile, crypto…

Konten dipersingkat otomatis.

🔗 Sumber: cryptonews.com