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Bitget Wallet Reports Sevenfold Jump in Crypto Phishing Risk Alerts

Bitget Wallet flagged about 37,000 signing requests a week for phishing in the third quarter, a sevenfold increase, the wallet said. The company attributed part of the rise to improved monitoring that surfaced more malicious requests. The figure reflects weekly phishing-related signing attempts detected on the platform during the period.

Original source

AI take

The sevenfold rise is less a clean measure of criminal activity than a signal that detection is catching up with an attack surface that was always there — Bitget itself credits better monitoring for part of the jump. That distinction matters for wallet users, who bear the consequence of a single bad signature, and for the broader self-custody sector, where phishing exposure is becoming a competitive and reputational issue. Whether the disclosed figure keeps climbing as monitoring matures, or plateaus once the backlog is surfaced, is the open question.

Generated by AI for reference only.

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