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$314 Million Lost EVM Hacks 2024
The post $314 Million Lost EVM Hacks 2024 appeared on BitcoinEthereumNews.com. Crypto Phishing attacks are getting worse, The stolen amount in the first half of 2024 is already higher than all of 2023. Attackers are tricking users into approving fake transactions that steal their crypto. Be aware of suspicious links, don’t share private keys, and use security tools to avoid becoming a victim. The mid-year report of ScamSniffer reveals some worrisome tendencies of phishing attacks in the context of cryptocurrencies. ???? [1/8] ???? ScamSniffer Mid-Year Phishing Report ????In H1 2024, 260k victims lost $314M across EVM chains. ???? 20 people lost over $1M each, totaling $58M. Compared to $295M stolen last year, this year hit that in just 6 months! ???? pic.twitter.com/S1X3p3Ujj0 — Scam Sniffer | Web3 Anti-Scam (@realScamSniffer) July 5, 2024 In particular, 260,000 victims suffered $ 314 million losses in the first half of 2024 on EVM chains, which exceeds the amount of $ 295 million stolen in the previous year. These numbers have risen sharply, proving that the complexity and frequency of the phishing plans directed toward crypto clients are on the rise. Here’s All You Need To Know: A Record-Breaking Heist In a striking development, 20 individuals fell victim to phishing attacks exceeding $1 million each, totaling a jaw-dropping $58 million. Notably, one victim experienced a loss of $11 million, marking this as the second-largest crypto heist in history. Deceptive Techniques on the Rise The ScamSniffer report sheds light on the prevalent phishing tactics used in these thefts, including the use of Permit, IncreaseAllowance, and Uniswap Permit2 signatures. Attackers frequently exploit seemingly legitimate services to redirect funds, resulting in significant asset losses. In some cases, victims were lured to phishing sites through deceptive comments on Twitter, often from accounts impersonating reputable brands. Phishing groups now utilize bot accounts to post initial comments on tweets from official and…
The post $314 Million Lost EVM Hacks 2024 appeared on BitcoinEthereumNews.com.
Crypto Phishing attacks are getting worse, The stolen amount in the first half of 2024 is already higher than all of 2023. Attackers are tricking users into approving fake transactions that steal their crypto. Be aware of suspicious links, don’t share private keys, and use security tools to avoid becoming a victim. The mid-year report of ScamSniffer reveals some worrisome tendencies of phishing attacks in the context of cryptocurrencies. ???? [1/8] ???? ScamSniffer Mid-Year Phishing Report ????In H1 2024, 260k victims lost $314M across EVM chains. ???? 20 people lost over $1M each, totaling $58M. Compared to $295M stolen last year, this year hit that in just 6 months! ???? pic.twitter.com/S1X3p3Ujj0 — Scam Sniffer | Web3 Anti-Scam (@realScamSniffer) July 5, 2024 In particular, 260,000 victims suffered $ 314 million losses in the first half of 2024 on EVM chains, which exceeds the amount of $ 295 million stolen in the previous year. These numbers have risen sharply, proving that the complexity and frequency of the phishing plans directed toward crypto clients are on the rise. Here’s All You Need To Know: A Record-Breaking Heist In a striking development, 20 individuals fell victim to phishing attacks exceeding $1 million each, totaling a jaw-dropping $58 million. Notably, one victim experienced a loss of $11 million, marking this as the second-largest crypto heist in history. Deceptive Techniques on the Rise The ScamSniffer report sheds light on the prevalent phishing tactics used in these thefts, including the use of Permit, IncreaseAllowance, and Uniswap Permit2 signatures. Attackers frequently exploit seemingly legitimate services to redirect funds, resulting in significant asset losses. In some cases, victims were lured to phishing sites through deceptive comments on Twitter, often from accounts impersonating reputable brands. Phishing groups now utilize bot accounts to post initial comments on tweets from official and…
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