Crypto Heist: $27M Phishing Attack on Binance Chain

Markets & Money Today | 2 Min News - A podcast by The Daily News Now! - Wednesdays

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$27 Million Crypto Heist: A Binance Smart Chain user falls victim to a sophisticated phishing scam, initially mistaken as a Venus Protocol hack. Security firms debunk the hack rumors, revealing a meticulously crafted fake website tricked the user into draining their wallet. Venus Protocol's swift response paused the protocol, potentially saving the funds. Investigations point to North Korean hackers, highlighting the growing sophistication and international nature of crypto crime. A crucial reminder: vigilance is key in the crypto world. Hosted on Acast. See acast.com/privacy for more information.