One more phishing – Every day, Web3 hackers and scammers create new traps for investors. This time they pretended to be the conference Ethereum Denver to fool users.
Ethereum Denver pretext for crypto phishing
THE phishing attacks are on the rise in the crypto ecosystem. As a reminder, the latter aim to impersonate a third party entity in order to deceive users.
Thus, on February 20, the company BlockFencespecializing in the detection of hacks and other scams in the ecosystem, has alerted to a new scam.
For this new scam, the hackers have created a fake site for the very famous Ethereum Denver conference. This will take place from February 24 to March 5.
In practice, the scammers have identically duplicated the official conference website using a confusing URL. Moreover, they succeeded in propel their site to the top of Google results by placing themselves in the sponsored results.
Once on the site, users are prompted to connect their MetaMask wallet. Subsequently, the site will ask the user to sign a transaction. However, this allows the hacker to steal funds from the gullible user.
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$300,000 in crypto stolen by hacker
According to information reported by BlockFence, the hacker behind this phishing attack is not at his first attempt.
Thus, the smart contract linked to the phishing site is at the origin of the hack of more than 2,800 wallets for a total amount of around $300,000 over the past six months.
“As the smart contract was deployed almost six months ago, it is possible that it has been used on other phishing sites. »
This one may well be linked to other such scams in the coming months.
A few safety reminders
Phishing attacks have become one of the favorite methods of hackers over the past few years.
Indeed, the latter do not require advanced skills and are mainly based on the inattention of their victims.
To guard against this, it is important to remain extremely vigilant. As a first step, always double check the URL of the sites to which you connect your wallet.
In addition, it may be worth using official communication channels to ensure that you are accessing the right link. For example, by visiting the Twitter account of the application you wish to access and using the links presented there.
Finally, it is essential to always check the transactions that you sign to ensure that they do what the site claims.
In 2022, hackers managed to steal no less than $2.8 billion from the cryptocurrency ecosystem. To prevent this trend from happening again in 2023, developers and users must be more vigilant.
Hacks are unfortunate hazards, but not inevitable. Any investment involves risk. As a well-informed investor, have you done your own research and decided to take the plunge? Current prices are an opportunity to add a few satoshis to your wallet! To do this, register on eToro (commercial link).