Users face cryptocurrency hack and phishing campaigns

According to Cointelegraph, scammers have stolen over $580,000 from unsuspecting victims in an ongoing hacking and phishing attack using email addresses. This hack is expected to mimic web 3.0 companies, such as Cointelegraph, WalletConnect and Token Terminal, among others.

Sources revealed that ZachXBT, a cryptocurrency investigator, flagged a multichain address on his Telegram channel that has amassed over $580,000 of stolen cryptocurrency since the phishing emails were delivered.