Scammers Steal 675,000 USDT and NFTs in Phishing Attacks
Phishing scammers have recently targeted crypto users, resulting in the theft of 675,000 USDT and seven non-fungible tokens (NFTs), including Mutant Ape Yacht Clubs. These attacks are part of a growing trend, with phishing incidents increasing by 40% from 2021 to 2022. To prevent further losses, blockchain security firm PeckShield advises users to revoke the unlimited USDT spending permission. Additionally, seven NFTs were stolen through a phishing attack on the Blur marketplace.
Key Points:
- Scammers stole 675,000 USDT and seven NFTs in separate phishing attacks.
- Phishing attacks have increased by 40% from 2021 to 2022.
- PeckShield recommends revoking unlimited USDT spending permission to prevent further scams.
- Seven NFTs, including Mutant Ape Yacht Clubs, were stolen from the Blur marketplace.
- The NFT market continues to decline, with floor prices dropping significantly.
Cybersecurity expert Nikesh Arora emphasizes the need for firms to modernize their security infrastructure to combat cyber theft. He suggests leveraging artificial intelligence (AI) to match the speed of hackers and respond to threats in a timely manner. Arora believes that upgrading security doesn’t necessarily require increased spending, but rather smarter allocation of resources.
Hot Take:
The rise of phishing attacks in the crypto space highlights the need for vigilance and proactive measures to protect assets. Users should be cautious of suspicious messages or requests and take steps to secure their accounts. The ongoing decline in the NFT market, coupled with the high-profile thefts, raises concerns about the overall security of digital assets. As the crypto industry continues to evolve, robust security measures and user education will be crucial in safeguarding funds.
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