Cybercriminals now offer a service model named ‘Drainer-as-a-Service’, enabling users to rent malware for crypto theft, with prices beginning at 100 USD.
Technical skills once necessary for cybercrimes have become less critical, rendering them accessible to novices through community support and tutorials.
In 2024, losses from phishing attacks based on this model reached an estimated 494 million USD, and the first quarter of 2025 saw losses exceeding 1.6 billion USD, marking catastrophic consequences for the crypto industry.
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