Angel Drainer Strikes Again: $400k Pilfered from Safe Vault Wallets

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Another hack perpetrated by the malicious hacking group Angel Drainer has been uncovered by the Web3 security platform Blockaid. This breach has led to the exposure of funds totaling $403,000 through a compromised smart contract.

Last year, Scam Sniffer found that Drainers took about $295 million from around 324,000 victims

Total Stolen Crypto Across 2023. Source: Scam Sniffer

Meanwhile, in October 2023, it was reported that scammers were sending phishing emails to BINANCE account holders in Hong Kong.

Additionally, approximately $3.5 million HKD (around $447,000) had been stolen from Binance users in Hong Kong.

However, one significant crypto holder recently experienced a staggering loss of $24 million in a single transaction, according to blockchain security firm PeckShield.

The individual lost a total of 9,579 stETH (Lido staked Ethereum token) and 4,851 Rocket Pool staked Ethereum token).

Meanwhile, even when verifiable crypto influencers are posting links, investors must be cautious.

On September 9, hackers targeted Ethereum co-founder Vitalik Buterin’s X account. They posted a fraudulent ConsenSys link, swindling almost $700,000 from his followers.

Regulation and Society adoption

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