The Rising Threat of Phishing Attacks with Crypto Drainers

Unmasking Deceptive Tactics: A recent investigation by Check Point Research exposes a troubling trend in the cryptocurrency landscape. The cryptocurrency community has been witnessing an alarming increase in sophisticated phishing attacks.

These threats are unique in their approach, targeting a wide range of blockchain networks, from Ethereum and Binance Smart Chain to Polygon, Avalanche, and almost 20 other networks by using a crypto wallet-draining technique.

Check Point’s Threat Intel blockchain system identified and alerted us on such phishing attacks:

During …

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