The increasing phishing, wallet hack, and security breaches are creating panic in the crypto area. Just recently, Blockchain security company CertiK revealed that in May alone, around $140.1 million was lost to crypto exploits, frauds, and hacks, while $162 million in assets were frozen. Notably, phishing attacks represented about $8.5 million of the total losses.
Sam Boolman is a contributing writer at ChainIntel.org with a long-standing interest in cryptocurrency, blockchain technology, and emerging financial trends. A self-directed trader who actively invests his own capital, Sam follows the markets closely and brings a hands-on perspective to the fast-paced world of crypto journalism. With a background in business and digital media, Sam has written across a variety of sectors including tech, startups, and online finance. His curiosity and enthusiasm for the evolving digital economy fuel his exploration of Web3, decentralised finance, and market developments. Sam is passionate about making complex topics more accessible to everyday readers and continues to expand his knowledge through research, trading experience, and industry engagement.
