Crypto Phishing Attacks Surge In August As Losses Hit $12 Million
Prominent web3 security outfit Scam Sniffer reports that crypto investors suffered an increased number of phishing scams in August. Notably, total assets lost to these scams during the last month represent an estimated 72% increase from July, representing a concerning development for the general crypto industry. Related Reading: Fake Job Offers, Real Thefts: North Korea’s […]
Related News
As bitcoin price surges, so have phishing attempts against bitcoin wallets, according to Cisco’s Open DNS Labs blog. A similar phishing spike occurred over the summer in response to a bitcoin price jump. The blog includes a list of domains created by one phishing campaign to spoof Blockchain.info around the holidays. Most of the phishing sites have been set up for phishing purposes. There has also been an increase in the compromise of legitimate sites modified to host bitcoin wallet phishing along with other phishing content. Gmail Accounts Targeted. Another trend has shown campaigns....
Once a user identifies a phishing attempt, spreading the word online can assist in the security of everyone’s funds. Many crypto owners fall prey to common crypto theft schemes, including phishing traps. How can the average crypto user identify and avoid these attacks to prevent the potential loss of funds?Know the sourcePhishing emails are sometimes successful in their attempts to trick users into downloading programs, clicking on something they shouldn’t, or just linking them to a page where they can enter personal information like their seed phrase. In July, hardware wallet Ledger....
A majority of the phishing attacks recorded have been conducted on social media platforms that do not have account verification features. As Web3 adoption goes further and more beginners enter the space, hackers are becoming more active, with more phishing attacks being recorded in the latest quarter of 2022 and social media being noted as a major platform of choice for conducting the hacks. In the quarterly report of security firm Certik, the team has found a 170% increase in phishing attacks in the second quarter of 2022. According to the security firm, 106 attacks were recorded in the....
Although last week proved horrible for cryptocurrency owners with the market facing a crash and Binance’s outage during that difficult time, the nasty phishing attacks designed having pop-ups target metaverse users on famous crypto sites. So far, multiple sites, including Etherscan and DexTools, have reportedly confirmed the crypto scam ad and issued alerts not to […]
Despite the place of security in the crypto space, there have been some hacking events once in a while. One of the newly victimized assets is the Moonbirds NFTs. Cybercriminals recently use phishing attacks as their portable weapon to reap off their victims. They always mask the links and messages they send to their innocent […]