A crypto whale lost more than $6 million in staked Ethereum (stETH) and Aave-wrapped Bitcoin (aEthWBTC) after approving malicious signatures in a phishing scheme on Sept. 18, according to blockchain security firm Scam Sniffer. According to the firm, the attackers disguised their move as a routine wallet confirmation through “Permit” signatures, which tricked the victim […]
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Crypto laundering from hacking activities skyrocketed in 2024, with $1.3 billion funneled through illicit methods. On Jan. 13, blockchain security firm Peckshield reported a staggering 280% increase compared to the $342 million recorded in 2023. The firm stated that its analysis focused on incidents involving hack-related losses exceeding $1 million. PeckShield noted that the booming […]
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Over $127 million was stolen in Q3 2024 due to phishing attacks, with September alone seeing losses of $46 million.
DuckDuckGo users have fallen victim to phishing attacks, resulting in significant cryptocurrency losses after visiting fraudulent websites that impersonated Etherscan.
According to data from Web3 security firm Blockaid, the number of Inferno Drainer DApps surged to 40,000 by the end of July.
To combat illicit financial activities, Tether, the entity behind the world’s largest stablecoin by market capitalization, has frozen approximately 5.2 million USDT. The crypto tracking and compliance platform MistTrack detailed this action, which targeted 12 Ethereum addresses identified as part of phishing operations. Related Reading: Stablecoin Exchange Inflows See Severe Drop: Why This Is Bad […]
Multiple Web3 protocols and crypto websites become the victim of a coordinated email hacking campaign, including Cointelegraph itself.