Company Scam Sniffer, specializing in protection against fraud in the world of Web3, has released data on the amount scammers seized last month as a result of scams and phishing, among other things. It turns out that there was a loss of $46.86 million in crypto during the last month. Cryptocurrency scammers still active.
Data from the analysis conducted by the company indicates that over 57,000 people fell victim to various types of phishing in February. Interestingly, compared to the previous month, the number of people who lost over a million dollars decreased by 75%. However, on February 15, exceptionally large losses were recorded, exceeding $6.2 million in digital assets - all in one day.
Users of Ethereum were particularly affected. The thefts on the main Ethereum chain resulted in losses of over $36.2 million, accounting for 78% of all fraud from the previous month. Ethereum-based tokens, especially ERC tokens, accounted for 86% of the total amount of fraudulently obtained funds. This amounted to $40 million.
According to a report by Immunefi, most individual attacks took place on the Ethereum platform, where 12 incidents were reported, responsible for 85.71% of the total losses on the attacked networks.
Not only investors were victims
In February, there were also several high-profile thefts. The gaming platform Web3, PlayDapp, reported a serious security breach on February 10, resulting in losses exceeding $290 million.
On the decentralized exchange FixedFloat, there was a theft of 409 bitcoins and 1700 ETH, adding up to a loss of around $26.2 million. FixedFloat stated that the attack was not caused by internal errors but by deficiencies in the exchange's infrastructure.