The victim connected their wallet to a phishing site with a hidden wallet drainer, resulting in the immediate theft of $2.5M.
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The attacker was able to access the main wallet holding $75M but drained it too slowly, stealing only $6M before their access was frozen.
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Per certik, Social engineering ranked second for the most thefts, with over $50M stolen this month alone through social engineering and more than $130M lost to crypto protocol exploits.
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The network has also restarted and is operating normally.
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Elderly users are often targeted in social-engineering scams, with loneliness and limited communication increasing their vulnerability.
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The fake platform allegedly appeared as a recommended option, and once victims connected their crypto wallets, their funds were drained — with total losses reaching approximately $2.2 million.
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The exposed data is said to include information connected to orders made between 2019 and 2021, as well as orders placed from May 10 through August 2026.
Trezor is urging users to stay cautious, avoid responding to suspicious or unknown calls, and never enter their seed phrase on any website.
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More than 600 users allegedly woke up to find their crypto wallets emptied after unauthorized access overnight, with total losses exceeding $2.8 million.
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An unidentified attacker is believed to be hijacking prominent crypto accounts on X and using them to promote rug-pull scams.
The same threat actor has allegedly compromised multiple X accounts and stolen more than $7M this week.
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The attacker impersonated the victim’s business partner and convinced them to transfer all the cryptocurrency from their main wallet, resulting in a $2.1M loss.
@DWCcaution
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Over 224 victims lost all their crypto holdings after following tutorials that instructed them to deploy self-draining contracts.
@DWCcaution
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The @ghost handle sold for over $2M, making it one of the most expensive Telegram NFTs sold this year.
The deal was completed through well-known middleman @cool.
@DWCcaution
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Per ZachXBT, an unknown actor gained access to NEAR Intents’ hot wallets, likely through social engineering, and stole nearly $4M.
NEAR Intents has acknowledged the theft and paused deposits to the affected hot wallet.
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An unknown attacker gained access to Base’s vault, where it stores Ethereum, and drained 1,783 ETH ($6M).
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⚠️ JUST IN: A crypto whale lost $160K to a fake crypto exchange
The victim, who had held crypto since 2017 and had a $4M portfolio, connected their wallet to the fake exchange.
Attackers stole $160K before the victim secured the remaining funds.🙂 @DWCcaution
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⚠️ JUST IN : Flash loan exploits caused approximately $1.2 BILLION in losses across 72 incidents between February 2020 and July 2024, according to a Journal of Financial Crime study.
More than 80% of the losses occurred on @ethereum, highlighting how deeply flash-loan exploits have affected one of the largest DeFi ecosystems.
Several well-known protocols were hit by major incidents, including @eulerfinance, which suffered losses of around $197 MILLION, while @BeanstalkFarms lost roughly $181 MILLION in a flash-loan-driven governance attack
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⚠️ JUST IN: Conduit has filed a lawsuit against Tether in New York, alleging that Tether froze approximately $2.76 million worth of USDT without proper justification. The lawsuit claims that despite Conduit’s attempts to resolve the issue, Tether refused to release the frozen funds, leaving the company unable to access its assets
@DWCcaution
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⚠️ JUST IN : Arkham reports the U.S. government moved $470 million in BTC WBTC and USDT to likely Coinbase Prime deposit addresses
@DWCcaution
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