Cryptocurrency Phishing Attacks Skyrocket, Surpassing 2023 Losses in Half a Year

IconCryptoNewsTerminal Staff05 Jul, 2024

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Cryptocurrency Phishing Attacks Skyrocket, Surpassing 2023 Losses in Half a Year

Cryptocurrency phishing attacks have reached unprecedented levels in the first half of 2023, with damages exceeding $341 million. This staggering figure surpasses the total losses incurred throughout the entire year of 2023, which amounted to $295 million. The alarming surge in phishing attacks highlights the growing sophistication and prevalence of online scams targeting the cryptocurrency community.