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Soo Schipper UCW8
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A major crypto theft occurred today, resulting in a whale losing $71 million worth of Bitcoin (BTC) to hackers. According to Look On-Chain, a data provider, the theft happened due to a phishing attack. The victim mistakenly sent 1,155 Wrapped Bitcoin (WBTC), valued at $71 million, to a fraudulent address created by the hacker. The fraudster manipulated the address by making it look similar to the intended destination, leading to the loss. This incident underscores the importance of verifying every transfer to prevent falling victim to crypto hackers.

A major crypto theft occurred today, resulting in a whale losing $71 million worth of Bitcoin (BTC) to hackers. According to Look On-Chain, a data provider, the theft happened due to a phishing attack. The victim mistakenly sent 1,155 Wrapped Bitcoin (WBTC), valued at $71 million, to a fraudulent address created by the hacker. The fraudster manipulated the address by making it look similar to the intended destination, leading to the loss. This incident underscores the importance of verifying every transfer to prevent falling victim to crypto hackers.

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