- June was the fourth month with 10+ phishing scams where investors lost $1M.
- Phishing scams increased in June with major X accounts being hacked.
- A few hours ago, actress Sydney Sweeney’s X account was hacked as well.
Blockchain security firm CertiK reported a surge of phishing scams in June, with over 10 incidents resulting in investor losses exceeding $1 million.
This marks the fourth month this year with such a trend, highlighting the ongoing prevalence of phishing attacks in the crypto space.
Social media platform X (formerly Twitter) remains a prime target for scammers, who often exploit high-profile accounts to promote fraudulent tokens and schemes. Hackers typically share phishing links containing malware after compromising celebrity accounts.
As previously reported by Coinedition, Cyber, a new Ethereum scaling solution, became the target of a phishing attack in June. The attackers tried to lure the platform’s users by promoting a fake airdrop. The scammers requested that the users sign up with their wallets for the airdrop and provide a one-time verification.
The Open Network (TON) has also become a hotbed for phishing activity, particularly following the popularity of Notcoin (NOT). Scammers employ various tactics on the network, including embedding phishing links in messages and promoting fake airdrops.
Furthermore, hackers gained access to American actress Sydney Sweeney’s X account. The culprits then used the account to promote the Solana-based token SWEENEY. A Telegram user revealed that the hackers were not only responsible for the hack, but also for breaching the X accounts of several celebrities.
Such incidents highlight the persistent threat of phishing scams within the crypto community. Despite increased awareness and security measures, hackers continue to exploit vulnerabilities, causing substantial financial losses.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
