According to the latest alert from the cybersecurity monitoring platform Cyvers Alerts, a phishing incident targeting cryptocurrency holders occurred recently. Criminals successfully stole a part of a user's digital assets through phishing means. After completing this series of illegal operations, the phishing address converted all the stolen assets into approximately 2881 Ethereum (ETH). The total value of the stolen funds was estimated to be around $7.66 million, highlighting the importance of security awareness in the cryptocurrency market. After the conversion, these stolen funds were divided into two batches and transferred to two unknown addresses, which are currently being tracked and investigated. This event serves as a reminder to all cryptocurrency users to be vigilant and strengthen their account security measures to avoid falling victim to similar online fraud.