OKLink: In Q3 2024, the total on-chain losses across the network exceeded 700 million USD, with more than 60 phishing scam incidents occurring, resulting in losses of over 300 million USD

ChainCatcher news, OKLink released the Q3 2024 Security Report, which states that the cumulative losses from on-chain security incidents across the network amount to approximately $743 million. In Q3, there were 110 major attack incidents, including a total of 61 fraud and phishing incidents, resulting in losses of $340 million, accounting for 46.03%. The losses from REKT incidents were approximately $80.42 million, accounting for 10.78%, while losses from RugPull incidents were about $4.61 million, accounting for 0.62%.

On August 19, a potential victim reportedly lost 4,064 BTC due to a phishing attack, valued at approximately $238 million. This substantial amount was quickly transferred through multiple platforms, including ThorChain, eXch, Kucoin, ChangeNow, Railgun, and Avalanche Bridge, in a complex operation after being stolen.

Additionally, losses due to private key leaks amounted to approximately $268 million, accounting for 36.06%. OKLink reminds users to enhance their security awareness and not to trust any unverified signature requests, especially when authorizing "Permit" or involving fund transfers; it is essential to verify the authenticity of the signatures. It is recommended to regularly check and revoke contract authorizations that are no longer in use to prevent malicious contract abuse. At the same time, securely store your private keys and mnemonic phrases, never disclose them to anyone, and avoid saving them through screenshots or on insecure devices. Security awareness is your strongest shield in the Web3 world.