A scam vendor called “Inferno Drainer” has stolen $5.9 million in assets from 4,888 victims across 689 phishing websites. Specializing in multi-chain scams, Inferno Drainer provides scammers with ready-to-go code in exchange for a 20% cut of stolen funds. Crypto scams and hacks continue to pose a threat, reinforcing the importance of security and vigilance in the crypto market.
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DeFi Security Breaches vs Liquid Staking Surge: Analyzing Risks and Rewards in Crypto
April’s decentralized finance (DeFi) hacks resulted in over $100 million in losses while liquid staking protocols surpassed decentralized exchanges (DEXs) in total value locked, signaling impressive changes within the DeFi space amid security concerns.
Crypto Hacks and Scams: Analyzing the $103M Loss in April vs. $211M in March
Crypto-related hacks and scams saw a significant drop in losses during April, with the blockchain […]
Crypto Carnage: April Showers $103M Losses Upon DeFi Investors as Hacks and Scams Surge
April was a rough month for the crypto world, as CertiK’s report on crypto exploits, […]
Title: April Showers Bring Crypto Losses: The $103 Million Month of Scams, Exploits, and Flash Loan Attacks
In the month of April, the cryptocurrency community faced a series of scams, exploits, exit […]
The Great Crypto Heist of April: $103 Million in Exploits, Exit Scams, and Flash Loan Attacks
In April, the crypto landscape witnessed a staggering $103.7 million worth of losses in crypto […]