A multi-channel attack involves exploiting multiple entry points or vulnerabilities in a system to steal funds or data. In cryptocurrency, this could mean targeting various platforms where users store, exchange, or manage their digital assets.Attackers may use techniques like phishing, social engineering, or malware across different channels, such as email, social media, and online exchanges. By doing this, they aim to gather sensitive information, like private keys or login credentials, from unsuspecting users.This type of attack is particularly dangerous because it spreads awareness thin, making it harder for users to detect the threat. Instead of relying on a single method, attackers adapt their strategies to exploit various points of exposure, increasing their chances of success.To safeguard against multi-channel attacks, users should implement strong security practices. These include using two-factor authentication, regularly updating software, and being cautious about sharing personal information. Staying informed about the latest security threats is also essential in reducing the risk of falling victim to these attacks.

China Reaffirms Strict Oversight on Virtual Currencies at Financial Street Forum
China’s central bank reiterated its tough stance on virtual currency activities as the 2025 Financial Street Forum Annual Meeting opened

