Crypto fishing deficit fell by about half in February, but a victim in an approval scam alone cost more than $ 600,000, data shows.
Damage due to crypto fishing attacks fell 48% to $ 5.32 million in February, which marks the data of the scamsonifer show, from $ 10.25 million in January and $ 23.58 million in December, from $ 23.58 million in December.
In An X thread On 5 March, analysts revealed that a total of 7,442 victims lost their crypto funds due to a fishing attacks in February compared to 9,220 in January. The biggest loss came from targeted scams.
For example, addressing poisoning, a type of attack where scammers manipulate transactions in history to trick users in sending money to fake addresses, there was a loss of $ 771,000 in the Etharium (ETH). The price of a permit scam is another victim $ 611,000. Unrevocated fishing approval on the BNB series resulted in a hit of $ 610,000, while a “growing” attack, which tricks users to increase the limit of spending tokens for malicious contracts, $ 326,000 drought.
Analysts of Scamsniffer pointed to a case, where a victim was lost more than $ 607,000 due to a fishing approval signed only a year ago. Analysts urged users to cancel the old approval, while the gas fees at the atherium are low.
Decline in damage may indicate potentially better security awareness or less successful attacks, analysts explained, although high-value scams are still happening.
As Crypto.News had previously reported, the loss of crypto was seen in February, a year ago, an increase of 18x from a year ago, largely operated by $ 1.46 billion bibet hack. In a research report, the blockchain security firm Immunafi reported that most of the damage of February came from two incidents: Crypto Exchange Bibit, which lost $ 1.46 billion and Stabelcoin Bank Infini, who suffered a $ 49.5 million hack.
The remaining disadvantages were spread in seven small attacks, with Zklend and ionic money lost $ 9.5 million and $ 8.6 million respectively.
