There was a sharp rise in phishing scams involving cryptocurrency during August, with losses exceeding $12 million as hackers began to leverage Ethereum EIP-7702-based exploits. Scam Sniffer reported that over 15,000 victims were affected by these phishing scams, an increase of 67% compared to July’s figures. Crypto Phishing Scams Surge: Ethereum-Focused Exploits on the Rise […]
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Crypto Phishing Losses Surpass $12 Million, Driven by Ethereum-Focused Exploits
- by Megan Forsyth
- September 8, 2025
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- 5 hours ago

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