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List of Flash News about stablecoin loss

Time Details
2025-05-26
05:46
ZeroTransfer Scam Results in $1.7 Million USDT Loss: PeckShieldAlert Exposes Major Crypto Security Risk

According to PeckShieldAlert, a ZeroTransfer scammer successfully stole approximately $1.7 million in USDT from the wallet 0x86C0...2604 by exploiting a phishing address that closely resembled the intended recipient's. This incident highlights persistent security risks in the crypto market, with funds being transferred to a phishing address (0x4668EE748c88DA4FEc595773b22f96f366eD6B76) instead of the intended one (0x4668D1Fe87444a4d7508e83c89bfDAF1117e6B76). Traders should exercise heightened caution when transferring stablecoins and verify addresses rigorously, as such exploits can cause sharp, short-term liquidity disruptions and increase volatility in USDT trading pairs. Source: PeckShieldAlert on Twitter.

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2025-05-10
11:25
USDC Address Poisoning Scam Results in $600,000 Loss: Key Security Tips for Crypto Traders

According to @AltcoinGordon, a trader lost over $600,000 in USDC by accidentally sending funds to a wallet address compromised through address poisoning. This incident highlights the increasing risk of address poisoning attacks in the cryptocurrency market, where attackers create lookalike addresses to trick users into sending funds to the wrong destination. Traders are urged to double-check wallet addresses before transferring large amounts of stablecoins or other cryptocurrencies. As USDC is widely used for trading and DeFi, such security breaches can impact market confidence and liquidity. Source: @AltcoinGordon on Twitter, May 10, 2025.

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