stETH Whale Attacked by Hackers, Substantial stETH Amount Lost
U.Today
Published Feb 05, 2024 10:58AM ET
stETH Whale Attacked by Hackers, Substantial stETH Amount Lost
U.Today - According to data published by PeckShieldAlert, anonymous cryptocurrency wallet 0xB2CB...0Ff7 has been hit by a hacker who used a phishing scheme to steal 102.37 stETH from this crypto holder. This is the equivalent of approximately $236,000 in fiat.
This was reported on X/Twitter slightly more than an hour ago. This crypto loss is just a drop in the ocean, though, compared to the overall amount of cryptocurrencies stolen in this way since 2021.
h2 Millions of USD in Chainlink lost to hackers/h2 Phishing attacks are a popular tool leveraged by cyber criminals for stealing cryptocurrencies from users. Roughly in late December, a Chainlink whale lost a whopping $4.42 million worth of LINK, which he had acquired between June 2022 and October 2023 – 275,700 LINK tokens.According to the @lookonchain tweet, the unfortunate crypto whale accidentally clicked on a phishing link and was tricked into approving a transaction to lose all of their crypto. From the above-mentioned $4.42 million worth of LINK that they lost, half was the actual amount of LINK ($2.26 million), and the other half ($2.4 million) was the unrealized profit he had made on that crypto.
h2 $1 billion USD in crypto stolen in phishing attacks/h2 A report published by Chainalysis stated that since 2021, phishing scams have managed to steal at least a staggering $1 billion worth of crypto from the cryptocurrency space. According to the report, in 2022 alone, users lost more than half a billion U.S. dollars worth of crypto in phishing attacks.In late fall of 2023, the amount of cryptocurrencies stolen in this way stood at $374.6 million, as a large number of holders was tricked into approving crypto transactions without realizing it.
h2 Ethereum heading for $4,000?/h2 Popular crypto YouTuber Lark Davis recently commented on the recent prediction made by the Standard Chartered (OTC:SCBFF) banking behemoth as it expects the second-largest cryptocurrency by market capitalization, Ethereum, to surge back to the $4,000 level by May 23.This is the date when the cryptocurrency community expects the SEC regulator to issue a positive decision on spot Ethereum ETFs filed for by BlackRock (NYSE:BLK) and Grayscale. Davis stressed that after this approval, DOGE and SOL ETFs may emerge, potentially by the end of 2024.
This article was originally published on U.Today
Get The News You Want
Written By: U.Today
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.