According to @phantom, traders should be on high alert as major crypto platforms are being targeted by sophisticated exploits, while total losses from hacks and scams have surged. A prominent crypto media website, Cointelegraph, was recently compromised with a front-end exploit that displayed a fake airdrop pop-up designed to drain user wallets, an attack method also seen on CoinMarketCap just days prior. This trend of hijacking trusted sites poses a significant risk to investors. A new report from CertiK quantifies the financial damage, revealing that over $2.47 billion was stolen in the first half of 2025, already exceeding the total for all of the previous year. The report highlights that wallet compromises were the primary attack vector, accounting for $1.7 billion in losses, while phishing attacks stole another $410 million. Ethereum (ETH) was the most targeted blockchain, with $1.5 billion lost across 164 incidents. Amid these security concerns, Bitcoin (BTC) is trading at approximately $108,091, while Ethereum (ETH) is priced around $2,506, underscoring the persistent security risks that traders must navigate.

According to @phantom, traders should be on high alert due to escalating security threats. A recent front-end exploit on a major crypto media website and a similar attack on CoinMarketCap used fake airdrop pop-ups to deploy wallet drainers, tricking users into connecting their wallets. Simultaneously, researchers at Cisco Talos report that a North Korean hacking group, Famous Chollima, is targeting crypto professionals with new Python-based malware called PylangGhost. The attackers use fake job applications from prominent firms like Coinbase and Uniswap to distribute the malware, which is designed to steal credentials and data from over 80 browser extensions, including MetaMask and Phantom wallets. These security risks are unfolding as the market sees a downturn, with Ethereum (ETH) trading at approximately $2405, down 3.6%, and Chainlink (LINK) at $12.84, down 3.45% over the last 24 hours, based on provided market data.