<ul><li>A total of $41 million has been lost in October due to phishing attacks in the crypto space.</li><li>Phishing operations involve tricking users into signing actions through their wallets, leading to the theft of cryptocurrencies.</li><li>Hackers are using methods like creating fake tokens and permit phishing to steal valuable tokens from victims' wallets.</li><li>Most attacks occur on the Ethereum blockchain, and hackers often use open-source contracts or fake links to deceive users.</li></ul>

October Crypto Shock: Phishing Scams Drain $41 Million From Victims

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