Mass attack on crypto wallets in EVM networks causes over $107,000 in damages
Hundreds of crypto wallets in EVM-compatible networks are currently under a large-scale attack that has resulted in total losses exceeding $107,000, with individual victims typically losing less than $2,000. This situation is crucial for the security of users in decentralized finance.
Source The Block
The exact cause of the breaches and how the attacker gains access remain unknown, complicating efforts to prevent further incidents and highlighting the need for increased vigilance among crypto wallet holders.
The outcome depends on ongoing investigations and the community’s ability to respond swiftly and effectively to such threats in order to minimise users’ losses.
