OKLink May Security Report: Total losses across the network amounted to approximately $140 million in May, with phishing incidents accounting for over half, representing 60.08% of the total.
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OKLink May Security Report: Total losses across the network amounted to approximately $140 million in May, with phishing incidents accounting for over half, representing 60.08% of the total.
OKLink released its May 2024 Security Report, revealing that blockchain security incidents across the network caused cumulative losses of approximately $140 million in May. Among these, phishing attacks accounted for 60.08% of total losses, REKT events for 16.89%, and RugPull events for 1.37%. The largest individual loss from a phishing attack occurred on May 3, when a whale user fell victim to a phishing attack and lost about $70 million (1,155 WBTC). However, on May 10, the hacker returned 90% of the funds to the victim. Additionally, there were 27 reported incidents involving official social media accounts being targeted by scams or phishing attempts, primarily concentrated on X (formerly Twitter), Discord, and various phishing websites. Overall losses from security incidents increased by 27.27% month-on-month. OKLink reminds users to protect their personal information carefully—never disclose your private key or recovery phrase, and avoid storing them via simple screenshots or similar methods. Furthermore, always double-check recipient addresses before transferring funds, and ensure accuracy even when copying addresses directly from transaction histories or chat logs. Security awareness remains the strongest shield in the Web3 world.
Navigating Web3 tides with focused insightsTechFlow news, OKLink released the May 2024 security report, revealing that blockchain security incidents across the network caused cumulative losses of approximately $140 million in May. Among these, phishing attacks accounted for 60.08% of total losses, REKT events accounted for 16.89%, and RugPull incidents accounted for 1.37%.
The largest individual loss from a phishing scam occurred on May 3, when a whale user fell victim to a phishing attack, losing about $70 million (1,155 WBTC). However, on May 10, the hacker returned 90% of the stolen funds to the victim.
In addition, there were 27 official social media impersonation and phishing incidents this month, primarily concentrated on platforms such as X, Discord, and various phishing websites. Total losses from security incidents this month increased by 27.27% compared to last month. OKLink reminds users to protect their personal information carefully—never disclose your private key or recovery phrase, and avoid storing them simply via screenshots or similar methods. Furthermore, always double-check recipient addresses before transferring funds; if copying addresses from transaction histories or chat logs, ensure they are accurate. Security awareness is the strongest shield in the Web3 world.
