Altcoin Investor Lost Million Dollars Due to Phishing Attack

A cryptocurrency investor lost millions of dollars in coins due to a phishing attack.

According to Etherscan data, an investor made a call at night today. phishing attack from your wool $1.26 million worth 356.65 wstETH lost.

WstETH, stETH token on Lido wrapped up is the state. stETHs in Lido users’ balances change value depending on their staking rewards. Since some DeFi protocols require users’ balances to remain constant, users can increase the value of their stETH. using wstETH can keep it stable.

Scammers imitate the sites of popular cryptocurrency projects to perform phishing attacks. fake links can be placed via Google fake ads give and give fake airdrop projects can edit.

According to blockchain security firm Scam Sniffer, investors through 2023 due to phishing attacks about 300 million dollars lost.

To protect against these attacks, users from clicking on suspicious links should avoid.

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