Web3 Phishing

Definition ∞ Web3 phishing is a cyberattack where malicious actors attempt to trick users into divulging their private keys, seed phrases, or approving fraudulent blockchain transactions. These deceptive schemes often imitate legitimate decentralized applications, digital wallets, or platforms to gain unauthorized control over digital assets. It exploits user trust and cryptographic credentials.
Context ∞ As the Web3 ecosystem expands, news frequently reports on sophisticated phishing campaigns targeting cryptocurrency users, resulting in substantial asset losses. Heightened awareness and education regarding the identification and avoidance of these deceptive tactics are essential for securing digital holdings and maintaining safety within decentralized environments. User vigilance is a primary defense.