One other hack perpetrated by the malicious hacking group Angel Drainer has been uncovered by the Web3 safety platform Blockaid. This breach has led to the publicity of funds totaling $403,000 via a compromised sensible contract.
Blockaid has promptly notified the Secure Vault group and is collaborating with affected victims to mitigate the impression of the Angel Drainer assault.
Angel Drainer: Secure Vault Exploit
In a collection of posts on X (previously Twitter), Blockaid defined that 128 wallets have been drained by Angel Drainer via the Secure Vault exploit to the whole quantity of over $403,000.
“This isn’t an assault on Secure, and Secure customers aren’t broadly impacted — quite they determined to make use of this Secure vault contract as a result of Etherscan robotically provides a verification flag to Secure contracts.”
The safety agency additional defined that the verification flag provides a “false sense of safety,” for traders, not realizing whether or not or not the contract itself is malicious.
Learn extra: Crypto Social Media Scams: How you can Keep Secure
Alarming Quantity of Crypto Phishing Scams
Web3 anti-scam platform Rip-off Sniffer has revealed the alarming quantity of crypto pilfered in 2023 as a result of growing quantity of subtle phishing scams.
Final yr, Rip-off Sniffer discovered that Pockets Drainers took about $295 million from round 324,000 victims.
In the meantime, in October 2023, it was reported that scammers had been sending phishing emails to Binance account holders in Hong Kong.
Moreover, roughly $3.5 million HKD (round $447,000) had been stolen from Binance customers in Hong Kong.
Hong Kong regulation enforcement suggested in opposition to storing massive quantities of crypto on exchanges.
“Moreover, massive quantities of digital property needs to be saved in offline chilly wallets reminiscent of exterior storage units to cut back the danger of hacking assaults.”
Learn extra: What Is a Rug Pull? A Information to the Web3 Rip-off
Nonetheless, one important crypto holder lately skilled a staggering lack of $24 million in a single transaction, in keeping with blockchain safety agency PeckShield.
The person misplaced a complete of 9,579 stETH (Lido staked Ethereum token) and 4,851 rETH (Rocket Pool staked Ethereum token).
In the meantime, even when verifiable crypto influencers are posting hyperlinks, traders have to be cautious.
On September 9, hackers focused Ethereum co-founder Vitalik Buterin’s X account. They posted a fraudulent ConsenSys hyperlink, swindling nearly $700,000 from his followers.
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