A major phishing attack targeting crypto wallets has resulted in over $400 million stolen, prompting industry leaders to bolster security measures. The coordinated attacks, originating from compromised Twitter/X accounts of prominent figures in the cryptocurrency world, have led to significant financial losses and raised concerns about vulnerabilities within the digital asset ecosystem. Major players like MetaMask and Trust Wallet are taking action by strengthening their defenses. Industry experts and security firms are also working diligently to track the methods used and identify solutions for improved user protection against sophisticated phishing strategies.