PANews reported on December 3rd that, according to Scam Sniffer's "November 2025 Phishing Report," Web3 phishing scams caused approximately $7.77 million in losses in November, a 137% increase compared to October; the number of victims was 6,344, a decrease of approximately 42%. The report indicates a sharp reversal in November, with losses surging while the number of victims decreased. Large-scale phishing attacks intensified, with the highest single loss reaching $1.22 million (related to permission signatures). Although the number of attacks decreased, individual losses increased significantly.