๐ก๏ธ๐ **Alert: Crypto Whale Loses $71 Million in Bitcoin Theft!**
Hackers persist in targeting the cryptocurrency realm, causing losses not only to small investors but also to whales and projects within the industry. The latest victim: a crypto whale who fell prey to a staggering $71 million Bitcoin theft.
As reported by Look On-Chain, renowned data provider, via its X/Twitter account, here's how the theft unfolded:
๐ The victim initiated a transfer of 0.05 ETH to a newly created address, "0xd9A1b0B1e1aE382DbDc898Ea68012FfcB2853a91," just six hours prior.
๐ต๏ธโโ๏ธ Exploiting a phishing attack, the fraudster crafted an address with similar starting and ending characters, transferring 0 ETH to himself to manipulate the transaction history.
๐ Many wallets obscure the middle part of addresses for aesthetic purposes, leading to potential user confusion.
๐ผ When attempting to transfer WBTC to the new address, the whale inadvertently copied the fraudster's address, resulting in the loss of all their WBTC to the hacker.
๐ก To safeguard your assets, it's imperative to meticulously verify each transaction to thwart crypto hackers.
Stay vigilant, fellow investors! #CryptoSecurity #MicroStrategy #buythedip #BlackRock ๐ซ๐