Scam Sniffer: The encryption field lost $71 million due to phishing scams in March, with a total loss of $173 million in Q1

Scam Sniffer released a phishing report for March, which caused a loss of $71 million in the field of encryption phishing scams, an increase of 50% compared to February. In the first quarter of 2024, phishing scams caused a total loss of $173 million.

Among them, phishing activities on BNB and Base chains have increased, and compared with February, the stolen funds on the Base chain have surged by 500%. 90% of the stolen assets are ERC20 tokens, and most of the theft is due to phishing signatures, such as Permit, increeallowance and Uniswap Permit2, resulting in asset losses.