Private Key Leaks and Phishing Scams Top Crypto Theft Risks in Q2 2024, Binance Smart Chain Honeypot Schemes Rampant

A recent report from SlowMist’s investigative branch, MisTrack, has identified private key leaks as the predominant cause of cryptocurrency theft in the second quarter of 2024. The report underscores instances of crypto users storing their private keys or mnemonic phrases in cloud-based services like Google Docs, Tencent Docs, Baidu Cloud, and Shimo Docs, increasing vulnerability.

Source: CoinOtag