📊 Crypto Security Alert -- May 2025

🚨 $2.6M Lost in Double Phishing Scam

💡 Stay informed about common scam tactics

A crypto investor suffered a devastating loss of $2.6 million in USDT within just three hours, falling victim to a sophisticated double phishing attack known as zero-value transfer or address poisoning.

Sources: (DeFi Planet, Binance, Cointelegraph)

🧠 What Happened?

Attackers sent zero-value transactions from wallet addresses closely resembling those the victim had previously interacted with. These deceptive transactions appeared in the victim's transaction history, leading them to mistakenly send $843,000 USDT, followed by an additional $1.75 million USDT to the scammer's address.

Sources (FXStreet, CCN.com)

📌 Key Insight:

This incident highlights the increasing sophistication of phishing scams in the crypto space. Even experienced users can fall prey to such tactics, emphasizing the need for heightened vigilance.

🛡️ Safety Tips:

1️⃣ Always double-check wallet addresses before initiating transactions.

2️⃣ Avoid copying addresses from transaction histories; instead, use trusted address books.

3️⃣ Utilize wallet features that allow labeling of known addresses.

4️⃣ Stay informed about common scam tactics and educate yourself regularly.

📈 Top Gainers Today:

Tellor Tributes ($TRB )

Current Price: $49.33

24h Change: +29.14%

Intraday Range: $38.10 – $54.55

WalletConnect Token ($WCT )

Current Price: $0.9376

24h Change: +29.65%

Intraday Range: $0.7223 – $0.9548 Mudrex

Cetus Protocol ($CETUS )

Current Price: $0.1572

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💬 Stay Safe:

Have you encountered or heard of similar scams? Share your experiences and tips below 👇

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