Crypto Phishing Losses Surpass $12 Million, Driven by Ethereum-Focused Exploits

There was a sharp rise in phishing scams involving cryptocurrency during August, with losses exceeding $12 million as hackers began to leverage Ethereum EIP-7702-based ￰0￱ Sniffer reported that over 15,000 victims were affected by these phishing scams, an increase of 67% compared to July’s ￰1￱ Phishing Scams Surge: Ethereum-Focused Exploits on the Rise