Crypto hackers are increasingly phishing for new bait on social media

Crypto hackers are increasingly phishing for new bait on social media

a year ago
Anonymous $0BkBa0cUPa

https://techcrunch.com/2022/07/07/crypto-hackers-are-increasingly-phishing-for-new-bait-on-social-media/

As more people enter the web3 ecosystem, there are increasing opportunities for hackers to attack. And during the second quarter, there was a significant rise in crypto-focused phishing attacks across social media sites, according to a new report.

There were 290 recorded attacks during the second quarter, up 170% from 106 in the first quarter, according to a Web3 Security Q2 2022 report by CertiK, a blockchain and DeFi security-focused platform backed by Goldman Sachs and others. While there are many day-to-day minor phishing attacks (or attempts) on individuals in the space, the major attacks are classified as events that resulted in crypto losses of $100,000 or more, the company told TechCrunch.