New Wave of Crypto Theft: Beware of Phishing Attacks!

Jakarta, Pintu News – A rise in phishing attacks against crypto wallet users has sparked new concerns in an already vulnerable ecosystem. A new group known as Eleven Drainer has emerged, adding to the long list of cybercriminals draining digital funds with increasingly sophisticated schemes.

The Rise of Eleven Drainer and Crypto Security Vulnerabilities

Eleven Drainer, a phishing-as-a-service syndicate, has risen to prominence in recent weeks. The group joins similar service providers that are already professionals such as Angel Drainer and Inferno Drainer. In recent years, this industry has grown rapidly as it allows fraudsters to run large-scale malicious operations with minimal effort.

The kits provided by these groups include dummy websites, misleading social media accounts, smart contract scripts, and automated workflows. In return, the operators take a percentage of the stolen funds. As such, these bad actors have become the backbone of modern crypto phishing campaigns.

Also Read: Market Crash? Here are 5 Cryptos Predicted to Explode Due to Whale Activity in Futures Market

Losses on the Rise, Users Need to Be Vigilant

By 2024, drainers were responsible for an estimated $494 million in losses, a 67% increase from the previous year. Although these groups are getting more sophisticated, security specialists emphasize that user behavior remains the weakest point in most incidents.

These attackers rely on rash decisions and misleading leads. They also use social engineering tactics that convince users to sign for assets without realizing the warning signs.

Xian, a security expert, emphasized that there is not much to say about defense other than disciplined online behavior. His advice is to always avoid unknown websites, check every wallet signature request, and refuse to agree to transactions under pressure.

Preventive Measures and User Awareness

According to experts, the best defense measure is user awareness and caution. Users should constantly educate themselves about the latest security risks and how to avoid them. Checking the authenticity of every website and transaction request is key to avoid becoming a victim.

In addition, it is important to use security tools such as two-factor authentication and hardware wallets. These measures can significantly reduce the risk of losing crypto assets. Constant education and proper use of security technology are the best weapons in the fight against crypto fraud.

Conclusion

In the face of an increasingly sophisticated wave of phishing attacks, awareness and caution are key. Users should be proactive in protecting their digital assets and always be on the lookout for evolving fraud tactics. With the right approach and the use of effective security tools, losses due to phishing attacks can be minimized.

Also Read: 3 Memecoins that Whale is Starting to Look at in the Futures Market as of November 2025

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Reference

• BeInCrypto. Crypto Phishing Gang Eleven Drainer. Accessed on November 10, 2025