COINOTAG reported on May 3rd that ScamSniffer has published its Phishing Report for April 2025, revealing significant insights into the current landscape of crypto security. The report outlines a total financial loss of $5.29 million affecting 7,565 victims in the cryptocurrency sector. Notably, this marks a decrease of approximately 17% in financial losses compared to March, yet the number of impacted individuals has surged by 26%. The report highlights the most severe single incident, where a phishing scam resulted in a striking loss of $1.43 million. In addition, it identifies address poisoning as a growing concern, generating losses of $700,000. These statistics underline the urgent need for enhanced security measures within the blockchain ecosystem, emphasizing the importance of vigilance among users.
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