Phishing Scams Targeting MetaMask Users Escalate with Fake 2FA Prompts

Phishing Scams Targeting MetaMask Users Escalate with Fake 2FA Prompts

Rising Threats to Crypto Wallet Security in DeFi Ecosystem The decentralized finance (DeFi) sector continues to face heightened risks from sophisticated phishing attacks, as scammers exploit user trust in popular tools like MetaMask. Recent reports highlight a surge in fraudulent two-factor authentication (2FA) prompts designed to steal recovery phrases, underscoring the ongoing vulnerability of self-custodial…

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Phishing Scheme Nets $16M from Coinbase Users, Exposing Crypto Security Gaps

Phishing Scheme Nets $16M from Coinbase Users, Exposing Crypto Security Gaps

In the shadowy corners of cryptocurrency trading, where fortunes can vanish in seconds, a 23-year-old from Brooklyn allegedly turned deception into a multimillion-dollar enterprise. Posing as a trusted exchange representative, he convinced over 100 users to hand over their digital assets, highlighting the persistent vulnerabilities in the crypto ecosystem despite growing regulatory scrutiny. Indictment Details…

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