Crypto Address Misuse Results in $574.8 Million in Losses

A recent study by USENIX Security researchers has shed light on the issue of 'address misuse' in the crypto space, revealing significant losses totalling $574.8 million.

The researchers examined 65,340 cases of high-risk address misuse involving approximately 2.5 million transactions, resulting in losses of 17,726.7 BNB and 126,982.94 ETH, based on May 2025's prices of $4,408 per ETH and $847 per BNB.

The study also found that Contract Account (CA) misuse led to losses of 22,738.41 ETH and 8,681.41 BNB, while Externally Owned Account (EOA) addresses lost 9,045.29 BNB and 104,244.53 ETH.