Scammers Stole About $63 Million in Crypto Via Phishing in August

Losses of cryptocurrency users due to phishing jumped by 215% in August compared to the previous month. The total number of victims exceeded 9,000.

Users Lost $63M to Phishing in August

In August, scammers stole more than $63 million in crypto through phishing, according to Scam Sniffer. Compared to the previous month, the value of stolen assets increased by 215%, while the number of victims dropped by 34%. 9,145 users lost funds because of phishing in August.

A single phishing attack accounted for approximately 88% of all stolen funds last month. A user of protocol DeFi Saver signed a phishing transaction transferring ownership of their proxy contract to an attacker, after which all assets were withdrawn. They lost $55.43 million in DAI tokens.

Scam Sniffer analysts also noted a significant decrease in the number of fake accounts on X in August. Stats on phishing attacks are aggregated by representatives on the Dune Analytics platform.

In mid-July, Chainalysis analysts identified several new phishing schemes. Moreover, as a result of a large-scale study it was found that attackers most often use the brand Coinbase to organize phishing attacks on crypto holders.

Сообщение Scammers Stole About $63 Million in Crypto Via Phishing in August появились сначала на CoinsPaid Media.

HOT news

Related posts

Latest posts

The Legend of Zelda: Ocarina of Time remake performs even higher than it seems

Hyperlink is getting much more than only a visible glow up for the brand new Swap 2 model.

Coinbase Requires Early Bitcoin Migration to Quantum Safety

Coinbase, which safeguards 5% of all Bitcoin for purchasers together with banks, asset managers, and hedge funds, desires the community to start getting ready...

Bitway (BTW) Rockets 250% in a Month: Good Time to Brief?

The viral altcoin BTW is the best-performing cryptocurrency at present (October 14), up almost 40% in a single day and 250% over the past...

Bitcoin Whales Resume Shopping for After Months of Promoting: CryptoQuant

Massive Bitcoin (BTC) holders have resumed accumulation after months of promoting, in keeping with an evaluation printed by CryptoQuant. The shift comes because the...

How you can enhance your on-line privateness and safety in Google Chrome

Google has a lot to achieve by gathering knowledge from you thru your exercise on Chrome, however you can also make it tougher.

Want to stay up to date with the latest news?

We would love to hear from you! Please fill in your details and we will stay in touch. It's that simple!