Originally published on: September 16, 2024
If you’re a cryptocurrency investor using Etherscan, a popular Ethereum block explorer and analytics platform, you might want to pay attention. DuckDuckGo, the privacy-focused search engine, has been inadvertently displaying phishing websites in its search results for “Etherscan,” putting unsuspecting users at risk of significant financial loss.
Recently, Web3 anti-scam firm Scam Sniffer raised the alarm about ongoing phishing attempts targeting Ethereum investors. These phishing websites mimic Etherscan and prompt users to connect their MetaMask wallets, making it easy for hackers to access funds without authorization.
Unfortunately, attackers are also trying to trick users on other search engines like Google and Bing using similar tactics. Some use organic ranking strategies, while others rely on sponsored ads to attract victims.
A recent incident reported by Scam Sniffer involved a user losing over $520,000 to a phishing scam. In August alone, over 9,100 victims fell prey to crypto phishing scams, resulting in losses of approximately $63 million. These staggering numbers highlight the importance of staying vigilant and protecting your digital assets.
One victim even lost $55 million in Dai in a phishing attack, underscoring the severity of the issue. While the total number of victims may have decreased compared to previous years, the amount stolen has increased significantly.
To safeguard yourself against phishing attacks, it’s essential to stay informed and be cautious when navigating the ever-evolving landscape of cryptocurrency scams. Educate yourself on common phishing tactics and learn how to recognize and avoid suspicious websites.
By taking proactive steps to protect your investments, you can avoid becoming another statistic in the growing number of crypto phishing victims. Stay safe and stay informed to ensure a secure crypto experience.