Close Menu
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Categories
  • Altcoins (2,229)
  • Analysis (2,385)
  • Bitcoin (2,983)
  • Blockchain (1,832)
  • DeFi (2,170)
  • Ethereum (2,131)
  • Event (77)
  • Exclusive Deep Dive (1)
  • Landscape Ads (2)
  • Market (2,217)
  • Press Releases (10)
  • Reddit (1,646)
  • Regulation (2,078)
  • Security (2,867)
  • Thought Leadership (3)
  • Videos (43)
Hand picked
  • Crypto Treasuries take hit as month-long market crisis erodes balance sheets
  • Kazakhstan plans $1 billion crypto fund using seized and mining assets
  • Trump Media Reveals Bitcoin Holdings of $1.3 Billion
  • Bank of England’s Breeden calls for closer UK-US stablecoin collaboration
  • How Cyprus Brokers Can Seize the Crypto Market Opportunity
We are social
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Facebook X (Twitter) Instagram
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Events
Altcoin ObserverAltcoin Observer
Home»Ethereum»Phishing losses drop 48% to $ 5.32 million in February while crypto users become more vigilant
Ethereum

Phishing losses drop 48% to $ 5.32 million in February while crypto users become more vigilant

March 10, 2025No Comments
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
Phishing scam 1.jpg
Share
Facebook Twitter LinkedIn Pinterest Email



The losses of crypto linked to phishing fell for the third consecutive month in February, with 7,442 victims losing $ 5.32 million, according to data from Scam Sniffer.

The security company indicated that this represents a significant drop of 48% compared to $ 10.25 million in January and 23.58 million dollars in December 2024.

The Blockchain company stressed that the downward trend suggests that crypto users are becoming more and more concerned with security, taking proactive measures to protect their funds.

In addition, the less incidents indicate a growing conscience of common scams and improved safety practices in the industry.

Major phishing attacks

The largest attack in February involved addressing poisoning on the Ethereum network, where crooks have manipulated transaction stories to encourage users to send funds to fraudulent addresses. This method represented $ 771,000 in stolen active ingredients.

Other phishing tactics have also caused substantial losses. License -related exploits have attracted $ 611,000 from Ethereum users, while BNB channel users lost $ 610,000 due to unrestricted approvals. In addition, the scams “increase approval” stole $ 326,000 at Ethereum portfolios.

A notable case involved a victim who lost $ 607,000 due to a phishing approval signed more than a year ago.

Given this, Scam Sniffer analysts advised users to revoke obsolete approvals when network costs are low to reduce exposure to such attacks.

Sophisticated phishing patterns

Despite the drop in phishing losses, the crooks continue to refine their tactics.

Scam Sniffer warned against a telegram -based scheme in which the attackers attract users in the verification codes, finally diverting their accounts.

The company explained how the attack works:

  • The crooks send a message urging the victim to “check” a problem.
  • The victim enters a connection code.
  • The attackers steal session information.
  • The victim loses access to his telegram account.
  • Once inside, they are looking for private keys or usurping the victim’s identity to deceive their contacts.

Scam Sniffer warned that these tactics become more widespread, attackers frequently using false safety alerts to manipulate users.

Posted in: Ethereum, crime



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleThe liquidation by the US government of the crypto at high value could bring in 5,000 other BTCs
Next Article The top of the White House crypto is holding today!

Related Posts

Ethereum

What should you pay attention to when marking the bottom

November 8, 2025
Ethereum

Who should win: Elon Musk or Ethereum?

November 8, 2025
Ethereum

Ethereum accumulation returns as Bitmine resumes strategic ETH acquisitions

November 8, 2025
Add A Comment
Leave A Reply Cancel Reply

Single Page Post
Share
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Featured Content
Event

Cyprus Fintech Summit 2025: The Mediterranean’s Power Summit for Fintech Leaders

November 5, 2025

The Cyprus Fintech Summit 2025 marks a defining moment in the region’s financial technology landscape. What began…

Event

Zebu Live 2025 Concludes in London, Uniting Leading Innovators to Shape the Future of Web3

November 4, 2025

London, UK – October 2025 – The energy of innovation was palpable as Zebu Live 2025 wrapped up…

1 2 3 … 60 Next
  • Facebook
  • Twitter
  • Instagram
  • YouTube

Crypto Treasuries take hit as month-long market crisis erodes balance sheets

November 8, 2025

Canada plans new laws to regulate stablecoins

November 8, 2025

XRP rises 3.5%, Ripple releases 2026 plan, what’s next?

November 8, 2025
Facebook X (Twitter) Instagram LinkedIn
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
© 2025 Altcoin Observer. all rights reserved by Tech Team.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 101,877.30
ethereum
Ethereum (ETH) $ 3,404.66
tether
Tether (USDT) $ 0.999908
xrp
XRP (XRP) $ 2.29
bnb
BNB (BNB) $ 989.89
solana
Wrapped SOL (SOL) $ 159.32
usd-coin
USDC (USDC) $ 1.00
staked-ether
Lido Staked Ether (STETH) $ 3,402.27
tron
TRON (TRX) $ 0.291932
dogecoin
Dogecoin (DOGE) $ 0.178993