Crypto hacks fall to $49M in February as attackers shift to phishing scams
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.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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.
Why this matters
This maps to the Security Incidents hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.
Original source
Read on CointelegraphRelated market context
Crypto Hacks: Three Projects Hacked in One Day as Losses Hit Over $11M
Three crypto projects were attacked on September 24, suffering combined losses of more than $11M. Attackers drained around $1.8M f...
North Korean Hackers Linked to $388M Bitget Crypto Exchange Theft: CEO
Bitcoin Magazine North Korean Hackers Linked to $388M Bitget Crypto Exchange Theft: CEO Hackers from North Korea targeted crypto e...
Quant Crypto Blasts 3x in a Week Following Huge US Bank Deal
Quant crypto has exploded roughly +178% over the last seven days, including an extraordinary +72% daily surge. Quant is quickly be...
SEC Staff Says Token Buybacks Don't Make Crypto a Security—If the Network Works
New SEC staff guidance says announcing a token buyback on a functional network isn't a promise that turns the token into a securit...
Bitget Confirms $387.5 Million Security Breach as Revised On-Chain Accounting Reveals Wider Losses
Bitget raises breach losses to $387.5 million after Zcash and TRON transfers found. Attackers spoofed backend transaction data to...
Bitcoin dominance falls below 60%, signaling potential altcoin season
The shift in Bitcoin dominance may indicate a changing crypto landscape, potentially limiting altcoin growth due to ETF-driven cap...