in a shocking turn of events, the #crypto market found itself under attack during the final week of June. A daring group of #hackers and scammers orchestrated a series of web3 crypto scams, leaving investors reeling as nearly $150 million vanished into thin air. The drama unfolded with each passing day, sending shockwaves through the digital world.
As the story unravelled, SlowMist's weekly security report became the beacon of truth, shedding light on the unfortunate victims caught in the crosshairs. It was a lineup of heartbreak – Shido, Ichioka Ventures, Chibi Finance, and Biswap – each project facing devastating losses of $238,500, $21 million, $1 million, and $50,000, respectively. But it was an elusive company claiming to identify dogs by their nose wrinkles that took the crown, making off with a jaw-dropping $127 million from unsuspecting users.
With suspense mounting, the relentless wave of crypto crime continued. Themis became the target of audacious hackers, snatching $370,000 from their grasp. In a fortunate twist, Manta Network narrowly escaped a potential disaster as their Twitter account remained unscathed. Yet, the question lingered – were there other untold stories of loss and deceit still waiting to be revealed?
The saga didn't end there. SlowMist's report revealed an even darker tale – a staggering $656 million stolen from the web3 realm during the first half of the year. However, amidst the gloom, a glimmer of hope emerged as $215 million of the stolen assets were miraculously recovered, offering a silver lining in the midst of despair.
But the crypto underworld is full of surprises, and a new player has emerged – AI-related scams. Ingenious scammers tapped into humanity's fascination with artificial intelligence, creating alluring yet deceptive schemes. Beware of the impersonators, as cunningly crafted AI-generated fake CEOs wreak havoc on the unsuspecting.
As the news spread like wildfire, governments stepped in, issuing warnings and urging vigilance. In the midst of this high-stakes game, knowledge and a watchful eye became the ultimate defence against the darkness lurking in the shadows.
As the curtain fell on June's rollercoaster ride, the crypto community remains on high alert. With each passing day, new chapters are written in the epic saga of #crypto crime. Yet, amid the challenges, the resilient crypto world stands strong, learning from its trials and embracing the hope of a brighter future.