Bitget Wallet reports sevenfold jump in crypto phishing risk alerts

Bitget Wallet reports sevenfold jump in crypto phishing risk alerts

Summary

Bitget Wallet said it is expanding AI-assisted phishing detection after weekly signing requests flagged as potentially malicious rose 7.4 times, to about 37,000 in Q3 from 5,000 in Q2. COO Alvin Kan said the rise may reflect both more threats and better detection; the figures count flagged interactions, not unique attacks or losses. New checks analyze website code and domain registrations and simulate transactions to detect hidden permissions. Bitget said AI identified 90% of newly blocked risky domains in October, up from 36% in Q2, and nearly 70% of those domains were absent from checked external threat feeds.