March 27, 2024
Alert Coordinated Crypto Hacking and Phishing Surge
Latest Cryptocurrency News

Alert: Coordinated Crypto Hacking and Phishing Surge

In an ongoing hacking and phishing spree, scammers have successfully pilfered over $580,000 from unsuspecting victims by employing email addresses that mirror major Web3 entities, including WalletConnect, and Token Terminal.

Cryptocurrency investigator ZachXBT identified a multichain address, accumulating the stolen sum through a series of phishing emails. The address boasts a diverse portfolio of 280 cryptocurrency tokens, with Ether (ETH) dominating at 86%, amounting to 227 ETH, valued at $2,218 per token at the time of writing.

WalletConnect issued a cautionary alert on X (formerly Twitter), acknowledging the phishing email menace, and urging users to avoid clicking on the malicious airdrop link.

Web3 SocialFi and antivirus app De.Fi users find themselves targeted through an email advertising a launchpad event, complete with a link to a fraudulent airdrop. Additionally, scammers announced a spurious Token Terminal beta launch, enticing users with a button to claim a non-existent airdrop.

Alarming is the fact that the attackers’ email addresses bear no distinguishable differences from the legitimate addresses of the targeted companies. Investors are urged to exercise heightened vigilance when confronted with unexpected airdrop announcements in emails, as nefarious activities persist in the cryptocurrency space.

Image By flatart

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