783 BTC Heist Through Fake Support Scam Show Phishing Risk
For August 2025, one big social engineering scam wey na crypto phishing type happen, where attackers dem pretend say dem be exchange and hardware wallet support, con one investor make e reveal e credentials and seed phrases. Dem comot 783 BTC (~$91M) and wash am for Wasabi Wallet mixer to hide trail. Blockchain analyst ZachXBT trace the heist, show say crypto phishing and fake support scams dey increase for market. For first half 2025, scams and hacks don cause over $3.1B loss worldwide. Traders suppose make their defense strong: check support channels through official platform dem, enable hardware-based 2FA, no ever share your private keys or seed phrases, and keep big holdings for hardware wallets to avoid phishing risk.
Bearish
Dis kain big 783 BTC kondem don make security wahala short time spread, e fit make traders dey rethink wetin dem dey risk, wey go put pressure for Bitcoin price down. To use Wasabi Wallet wash that plenty money again dey cause more gbege for compliance and liquidity matter. But Bitcoin strong foundation for long time—network security and more big people wey dey use am—still strong. So, even though wahala fit make people no too dey hopeful short time, the kain wahala for long time no go too bad as market go regain confidence as security practices better.