Crypto Gloom

Scammers stole Lil Pudgy NFTs from Blur in a phishing attack.

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Cryptocurrency and non-fungible token fraud attacks have escalated this year, causing cryptocurrency and NFT investors to lose millions of dollars. At this point, almost every big name in the industry has become a victim of hacking. In another scam, scammers stole Lil Pudgy NFTs from Blur through a phishing attack.

Scammers Steal Lil Pudgy NFTs in Phishing Attacks

In a blog post on December 1, blockchain security company PeckShield confirmed that unknown fraudsters leaked Lil Pudgy NFT #17799 from the Blur NFT marketplace platform via a phishing attack. PeckShield is a blockchain security company that aims to improve the security, privacy, and usability of the entire blockchain ecosystem by providing best-in-class security services.

Phishing is a type of cryptocurrency scam that tricks victims into providing their private keys or personal information. Attackers typically impersonate a legitimate entity or person to gain the victim’s trust. Once a victim is compromised, attackers use that information to steal cryptocurrency funds or NFTs.

Cryptocurrency and NFT collectors should be cautious about suspicious emails, especially if they contain links from untrusted sources, and practice a few quick tips to avoid potential phishing threats, such as using strong passwords and avoiding reuse across multiple emails. Attacks can be prevented. Do not share your personal information, such as your wallet address or private keys, with anyone.

Cryptocurrency fraudsters stole more than $348 million in November.

The cryptocurrency and non-fungible token market experienced tremendous growth in November, generating tremendous interest among traders while achieving impressive prices and sales volumes. Unfortunately, scammers and hackers are taking advantage of the recent cryptocurrency market hype to launch vicious attacks.

Web3 hacks and exploits surged in November compared to the previous month, spanning 28 incidents and totaling more than $348 million, according to data compiled by PeckShield. The blockchain security company cited two notable attacks that targeted projects linked to Justinsun, leaking $236 million worth of cryptocurrency from Poloniex and HECOBridge & HTX (formerly Huobi).

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