1Bitget Wallet reported that its weekly average of signing requests flagged for potential phishing rose 7.4-fold in the third quarter of 2026.
2The wallet flagged approximately 37,000 such requests per week in Q3, compared to 5,000 in Q2.
3Company executives noted that the increase likely stems from both rising threat activity and improved detection tools.
4The wallet recently introduced AI-assisted risk detection features that analyze website code, domain registrations, and simulate transactions.
5Recent industry events include significant losses from phishing campaigns and widespread malicious SMS tactics targeting crypto users.
Key takeaway
Crypto phishing risks remain high, though improved AI monitoring tools are helping wallet providers detect and block fraudulent sites more effectively.
Short-term impact (days–weeks)
● NEUTRAL
Increased phishing warnings could cause temporary caution among individual users over the coming days.
Medium-term impact (1–3 months)
● NEUTRAL
Ongoing cybersecurity improvements may help protect user assets over the next few months.