🛡️🔒 **Alert: Crypto Whale Loses $71 Million in Bitcoin The

--・6.7k views

🛡️🔒 **Alert: Crypto Whale Loses $71 Million in Bitcoin Theft!** Hackers persist in targeting the cryptocurrency realm, causing losses not only to small investors but also to whales and projects within the industry. The latest victim: a crypto whale who fell prey to a staggering $71 million Bitcoin theft. As reported by Look On-Chain, renowned data provider, via its X/Twitter account, here's how the theft unfolded: 🔍 The victim initiated a transfer of 0.05 ETH to a newly created address, "0xd9A1b0B1e1aE382DbDc898Ea68012FfcB2853a91," just six hours prior. 🕵️‍♂️ Exploiting a phishing attack, the fraudster crafted an address with similar starting and ending characters, transferring 0 ETH to himself to manipulate the transaction history. 🔒 Many wallets obscure the middle part of addresses for aesthetic purposes, leading to potential user confusion. 💼 When attempting to transfer WBTC to the new address, the whale inadvertently copied the fraudster's address, resulting in the loss of all their WBTC to the hacker. 💡 To safeguard your assets, it's imperative to meticulously verify each transaction to thwart crypto hackers. Stay vigilant, fellow investors! #CryptoSecurity #MicroStrategy #buythedip #BlackRock 🚫🔐

🛡️🔒 **Alert: Crypto Whale Loses $71 Million in Bitcoin Theft!**
Hackers persist in targeting the cryptocurrency realm, causing losses not only to small investors but also to whales and projects within the industry. The latest victim: a crypto whale who fell prey to a staggering $71 million Bitcoin theft.
As reported by Look On-Chain, renowned data provider, via its X/Twitter account, here's how the theft unfolded:
🔍 The victim initiated a transfer of 0.05 ETH to a newly created address, "0xd9A1b0B1e1aE382DbDc898Ea68012FfcB2853a91," just six hours prior.
🕵️‍♂️ Exploiting a phishing attack, the fraudster crafted an address with similar starting and ending characters, transferring 0 ETH to himself to manipulate the transaction history.
🔒 Many wallets obscure the middle part of addresses for aesthetic purposes, leading to potential user confusion.
💼 When attempting to transfer WBTC to the new address, the whale inadvertently copied the fraudster's address, resulting in the loss of all their WBTC to the hacker.
💡 To safeguard your assets, it's imperative to meticulously verify each transaction to thwart crypto hackers.
Stay vigilant, fellow investors! #CryptoSecurity  #MicroStrategy  #buythedip   #BlackRock   🚫🔐