Web3 Security Security Outfit Shiffer Sniff Revisions reports that Crypto investors have increased number of crime fraud in August. Obviously, the full property lost from these decisions each month represents an estimated 72% increase in July, representing the development of the Crypto General Sector.
Crypto whales has taken great beats in criminal attacks
On the X Post on September 6, Scam Sniffer provides a security report on August 2025 including critical criminal attacks in Crypto Wallets. The firm block and firm says that 15,230 victims lost $ 12.17 million combined in all forms of stealing sensitive information. This data shows 72% increase in stolen fee and 67 percent of victims compared to $ 7.09 for an attack on 9,143.
In the same situation, critical information often includes fake websites, hazardous contracts, or false contracts that deceptive users are to give Hackers to their digital assets. Once it is allowed or shared, the money is usually stolen immediately and cannot be returned.
While criminal attacks often look at the shop investors, August’s data from the SCAM Sniffer highlights unique impact with Crypto “whales.” The SCAMSNIFER revealed that three senior events released $ 3.08 million, $ 1.54 million, and $ 1.00 million, respectively, $ 5.62 million. In partnership, these cases make up 46% monthly lost, indicating how much the hackers are focused on the high value wallets.
August report also attracts attention to a new Batch-Signature Scrams waves enabled the development of Edereum’s EIP-7702. The temporary EIP-7702 allows the addresses held outside (eoas) to act as the wallets with a wise contract.
This means that users may access contractual quality features without exiting a new address. With EIP-7702, acts such as batching a lot of transactions, set up default use hats, or combine pastrys to smoke everyday dealings.
However, malicious characters have now exploited this method of deceit users in the adult, which are often integrated with official requests. Similarly, the attackers continue to exploit direct rating, victims victims to the contracts of stealing sensitive information.
These vevectors are difficult to find traditional medical efforts, as they seem to focus within normal decimal communication and NFT communication.
Crypto Market Overview
In the time period, the Crypto Market Cap is currently worth $ 3.77 trillion following 0.16% profit on the previous day. According to the information from Chachalysis, more than $ 2.17 billion has been stolen from Cryptocurrencyn Wallets in 2025 H1, which was much of the Blockchain demand.
Picture included from Forbes, Chart from TradingView Sell
Process of planning In BitCoinist focuses on delivery, accurate, accurate content, and unlimited content. We support solid Sourcing levels, and each page actively receives updates by our team specialist and informative editories. This process ensures integrity, compliance, and the number of our students’ content.
