TechFlow News, OKLink has released its Q3 2024 Security Report, revealing that blockchain security incidents across the network caused cumulative losses of approximately $743 million. In Q3, there were 110 major attack incidents, including 61 phishing and scam events resulting in $340 million in losses, accounting for 46.03% of total losses. REKT events led to losses of about $80.42 million, representing 10.78%, while RugPull incidents caused losses of around $4.61 million, or 0.62%.
On August 19, a potential victim reportedly lost 4,064 BTC—worth approximately $238 million—due to a suspected phishing attack. The stolen funds were quickly moved through multiple platforms including ThorChain, eXch, Kucoin, ChangeNow, Railgun, and Avalanche Bridge in complex transfer operations.
In addition, losses due to private key leaks amounted to about $268 million, making up 36.06%. OKLink urges users to enhance their security awareness, never trust unverified signature requests, especially when authorizing "Permit" functions or involving fund transfers—always verify the authenticity of signatures. It is recommended to regularly review and revoke unused contract authorizations to prevent abuse by malicious contracts.
Furthermore, securely safeguard your private keys and recovery phrases. Never disclose them to anyone, nor store them via screenshots or on insecure devices. Security awareness remains your strongest shield in the Web3 world.
