Crypto theft slowed sharply last month after a spike in January, but security companies warn that scammers are increasingly exploiting wallet permissions and social engineering tactics.
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Trust Wallet launched address poisoning protection on 32 EVM chains, adding scam address screening as wallet security pressure intensifies.
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Authorities sold the recovered Bitcoin in small batches over 11 days to avoid disrupting the market, according to local media reports.
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Tycoon 2FA accounted for 62% of phishing attempts Microsoft blocked by mid last year, including over 30 million emails in a single month.
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PeckShield said fewer mega-hacks, heightened volatility and tighter risk controls may have helped push crypto losses to their lowest level in 11 months.
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Social engineering and impersonation-related scams were the most frequent attack vectors targeting crypto investors in AMLBot’s investigations last year.
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ShinyHunters hackers leaked user data after a social-engineering attack on a Figure employee and the company reportedly refused to pay a ransom.
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Phantom Chat is under scrutiny after a phishing attack drained $264,000 in Wrapped Bitcoin, renewing concerns over wallet UX and address poisoning scams.
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A US court sentenced Daren Li to 20 years in prison for leading a $73 million crypto pig butchering scam targeting American investors.
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SlowMist flagged 472 AI skills containing malicious code, as plugins and extensions increasingly become a target for hackers seeking access to the devices of cryptocurrency investors.
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Blockchain intelligence firm TRM Labs reached a $1 billion valuation after closing a $70 million Series C funding round backed by major financial institutions.
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The amount of crypto stolen in January is also a 214% increase from the month before, with a majority of the value lost due to a single phishing incident.
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A third-party e-commerce breach exposed order data, enabling phishing attempts without compromising Ledger wallets or self-custody systems.
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A security researcher claims Ethereum’s recent network surge could be linked to address poisoning attacks that are exploiting low gas fees on Ethereum.
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The apparent shutdown follows years of scrutiny of one of crypto’s largest fraud marketplaces.
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