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According to Cryptojacker Scam Sniffer, about $47 million in assets were stolen through phishing scams in February.
On February 6 alone, phishing scams caused $6 million in losses.
The #Ethereum network accounted for 78% of the total thefts, while ERC-20 tokens accounted for 86% of the total stolen assets.
According to a February phishing report by crypto exchange Scam Sniffer, phishing losses that month totaled about $47 million; more than 57,000 people were affected, and Scam Sniffer found that fake X accounts were the main source of phishing attacks.
In February, about 57,000 victims lost about $47 million to #cryptocurrency phishing attacks.
According to a chart provided by a phishing site, a major theft of more than $6 million occurred on Feb. 15; the second largest theft was recorded on Feb. 28, when about $3 million was lost. According to the chart, all 29 days of the month were marked by theft and cryptocurrency fraud.
Most victims were lured to phishing sites through phishing comments from fake Twitter accounts," Sniffer writes. Additionally, Scam Sniffer claims that the majority of thefts were caused by signing phishing signatures such as Permit, IncreaseAllowance and Uniswap Permit 2.
According to the findings, 78% of the thefts occurred on the Ethereum network. At the same time, Scam Sniffer identified ERC-20 tokens as the main stolen asset, accounting for 86% of all stolen funds. However, Sniffer noted that the total number of victims who lost more than $1 million was relatively small compared to the previous month, down 75% in February.
With phishing scams on the rise, David Schwartz, Ripple's CTO, boasted that he is immune to phishing, adding that he is "too smart to fall for these scams.
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