Summary: The cryptocurrency industry is experiencing a rise in sophisticated phishing attacks using crypto drainers. These attacks target various blockchain networks and use phishing scams to trick victims into giving away their wallet information. The attackers create fake campaigns and websites, asking users to connect their wallets and interact with a malicious smart contract. The stolen cryptocurrency is then transferred and obfuscated to hide the attacker's traces. Users are advised to be skeptical of airdrop claims, verify smart contracts, and employ hardware wallets for enhanced security.

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https://cybersecuritynews.com/crypto-drainers-phishing-attacks/