In the past 24 hours, several incidents of hacking and phishing in the crypto market have been reported. These events serve as a reminder of the importance of being vigilant and cautious when participating in the market. As a financial analyst specializing in the crypto market, let’s look at the incidents of hacking and phishing and analyze their impact.

The first incident involves Merlin (MERL). PeckShield Alert reported that the exploiter was able to transfer ~500K DAI out. A portion of DAI (300K) is held in 0xDe1ca2…4174, and another portion of DAI (200K) has been swapped for 200K USDC and is now held in 0x51ea97…7030. The impact of this incident is significant as it shows that even a project with a market capitalization of over $220 million can be vulnerable to attacks.

The second incident involves two phishing sites that were posted in the YouSUI_Global and Popcorn_DAO Discord servers. CertiK Skynet Alert warns that anyone who clicks on or interacts with hxxps://yousui.live/ or hxxps://popclaim.network/ could potentially lose their personal information or funds. This highlights the importance of being cautious and vigilant whenever you are prompted to enter your private information.

The third incident involves the Inf_Skies Discord server, which was compromised by a phishing site posted in the airdrop. CertiK Skynet Alert warns that anyone who clicks on or interacts with hxxps://accessprotocol.live/ could potentially fall for a phishing scam. This incident serves as a reminder that users must always verify the source of any information they receive.

The fourth incident on Binance Smart Chain involves ZERA. CertiK Skynet Alert reported that an unverified contract enabled an individual to gain and sell 1.8 million ZERA for approximately $285k. This incident highlights the importance of verifying the source of the contract code and auditing smart contracts before they are deployed.

In conclusion, these incidents of hacking and phishing in the crypto market emphasize the importance of being cautious and vigilant. Always verify the source of any information you receive, be careful when clicking on links, and ensure that you are dealing with verified contracts and projects. As the crypto market continues to grow and evolve, it is crucial to remain aware of potential threats and to take steps to protect your assets.