Rising Crypto Phishing Attacks Lead to 314 Million in Losses during First Half of 2024
Phishing attacks are escalating, with the amount stolen in the first half of 2024 surpassing the total for all of 2023. Cybercriminals are deceiving users into authorizing fake transactions to pilfer their cryptocurrency. To avoid falling victim, it is crucial to be cautious of suspicious links, refrain from sharing private keys, and utilize security tools.
The latest mid-year report from ScamSniffer unveils alarming trends in phishing attacks targeting cryptocurrency users. A staggering 260,000 individuals suffered losses amounting to $314 million on EVM chains in the first half of 2024, surpassing the $295 million stolen in the previous year. This surge in numbers underscores the increasing complexity and frequency of phishing schemes aimed at crypto investors.
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