Crypto Phishing Attack: $3M USDT Don Lost, Over $1B Don Stolen for 2024
One anonymous investor lose $3.05M USDT for one crypto phishing attack after e sign one malicious transaction wey e no verify di contract address. Another person still lose $900,000 USDT for one similar scam, wey show how crypto phishing attacks dey increase as dem dey use spoofed addresses and weak wallet security. For May 2024, one address-poisoning case carry $71M comot but dem refund am later. CertiK Web3 Security Report talk say phishing attacks for 2024 don make pass $1B for 296 breaches, including three wey pass $100M. Binance security team launch antidote algorithm for May, wey mark 15M poisoned addresses to improve blockchain security. Crypto traders make dem serious on contract verification and wallet hygiene to fight phishing threats.
Neutral
Di neutral kain pé di cryptocurrency phishing attack di no wan affect plenti na di confidence we pipol get for USDT transactions, an e show say dia get big security risk dem for system, but e no likely make USDT peg or market price change well well. For short time, traders fit show more caution when dem dey do USDT transfers, e fit make di amount wey di people dey use on-chain go down small. For long term, beta security method dem like Binance antidote algorithm an better contract verification go help bring back confidence an stabilise dia trading work. So, di effect we di incident get for USDT market value na small one, e mean say di outlook remain neutral.