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Sophisticated Crypto Address Coiling Poisoning The outflow is about $ 1.2 million in March

The victims of transferring poisoning were voluntary by sending funds of 1.2 million dollars for fraud, showing a problematic increase in cryptocurrent phishing attacks.

Addressing address or Wallet poisoning pollsIt includes fraudulent victims in sending their digital property in fake addresses belonging to fraudsters.

The schemes for the buttocking of the pigs on Ethereum cost funds worth $ 1.2 million in almost three weeks from the beginning of the month, wrote on Orchain Security Firms Civers 19. Marta mail:

“Attackers send small transactions to victims, imitating their often used wallet addresses. When users are copied their transaction history, they can accidentally send funds instead of instead can accidentally respect the funds instead.”

Sophisticated Crypto Address Coiling Poisoning The outflow is about $ 1.2 million in March

Source: Kiversi warnings

Addressing cheeks grow, from the beginning of the year, costing the industry over $ 1.8 million in February, according to Deddi Lavid, co-founder and CEVER CEO.

The growing sophistication of the attacker and lack of security measures before transactions are some of the main reasons for increasing, the Director General said COINTELEGRAPH, adding:

“More users and institutions use automated tools for CRIPTO transactions, some cannot have built-in verification mechanisms to detect poisoned addresses.”

Although the higher amount of transaction due to the CRIPTO BULL market, the contribution factor, the verification method before the transaction can stop a significant amount of phishing attacks, Lavid said, adding:

“Unlike traditional scam detection, many wallets and platforms are missing pre-transaction screening in real time that could set suspicious addresses before the funds are sent.”

Related: August sees 215% increase in crypt phishing, $ 55 million lost in one attack

The address poisoning fraud previously cost investors in millions. In May 2024. year, investor They sent a wrapped Bitcoin worth $ 71m To the address of the bait wallet, the decline in the victims to the wallet poisoning fraud. Scammer created a wallet address with similar alphanumeric characters and made a small transaction to the victim’s account.

However, The attacker returned $ 71 million Days later, after having an unexpected change of heart for growing attention with Clocchain investigators.

Related: Book users who target malicious “clear signing” phishing email

Phishing scams are a growing problem for the crypto industry

Phishing scams become a growing threat to the crypto industry, in addition to traditional hacks.

Records for meating pigs are another type of phishing scheme that includes long-lasting and complex manipulation tactics to turn their assets into false crypto addresses to investors.

Pig mixing schemes The Etherum network cost an industry over $ 5.5 billion in 200,000 identified cases in 2024. years, according to Civers.

The average period of child care lasts between one and two weeks in 35% of cases, while 10% of fraud includes nursing periods of up to three months, according to Civers.

Sophisticated Crypto Address Coiling Poisoning The outflow is about $ 1.2 million in March

Victims and grooming statistics. Source: Civers

In the alarm sign, 75% of victims lost over half of their net worth of pig fraud. Males from 30 to 49 are most affected by these attacks.

Phishing scams were Top Cripto Security Threat 2024. YearsWhich attackers attacked over a billion dollars over 296 incidents as the most expensive attacking vector for the crypto industry.

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