Losses from Web3 phishing scams fell sharply to $3.28 million in October, marking a 72% decrease from September, according to Scam Sniffer's latest report. The number of victims also declined by 30% to 10,935. Despite the overall reduction in phishing activity, "Permit signature" scams remain prevalent. The largest single loss involved a malicious Permit transaction at address 0x8C42…EC47, resulting in a $439,000 loss.
Web3 Phishing Losses Drop 72% in October to $3.28 Million
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