Phishing attack

The Shib Crypto Recap: Friday

October 11, 2024
As the crypto world caps off the week, here are the headlines that made it to our top list today. Read about the latest in cybersecurity and customer trust in financial service providers, regulatory developments, Ripple’s legal battles, and a phishing attack with ties

Phishing Attack Costs $2.2 Million in Ethereum – One Wrong Click, Big Consequences

October 10, 2024
A recent Ethereum phishing attack has resulted in the loss of approximately $2,230,000 after a user mistakenly signed a malicious transaction.  According to Web3 Antivirus, the incident was caused by the victim interacting with a fraudulent address, leading to the transfer of a significant amount of Ethereum-based assets. The Ethereum transaction was successfully executed in