Hacken Report Reveals Phishing and Social Engineering Dominate Web3 Q1 Losses
A security report by Hacken indicates that Web3 projects lost hundreds of millions to hacks and scams, with phishing and social engineering leading the charge over code vulnerabilities. Down on the Baja coast, the only phishing we care about involves a handline, a live mackerel, and a stubborn roosterfish off the beach. The local gringos lost their private keys years ago when they dropped their laptops in the surf, so multi-million dollar exploit reports just bounce off us like dust in a desert wind. Let the hackers drain the liquidity pools; the only pool we are worried about is the infinity one at the local cantina.