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wait can hackers really steal that much crypto?? how do i avoid getting rekt like that ðŸ«
phishing scams targeting crypto holders: exploiting permit approval for unauthorized transactions: vigilance crucial in preventing significant losses in the face of rising attacks. 👀
phishing scams hitting crypto whales for millions: exploit leveraged permit approval feature to trick victim into unauthorized transactions: vigilance crucial in preventing similar losses in
A cryptoholder lost over $6M in Ethereum and Bitcoin due to a phishing scam that used malware to gain approval for unauthorized transactions. The victim unknowingly approved transfers without incurring gas costs, allowing the attackers to siphon the funds. This exploit took advantage of the permit approval feature meant to simplify token transfers. The rise in phishing attacks underscores the importance of vigilance in interacting with wallet requests to prevent such losses. 🚨🔒
https://altcoin.observer/crypto-whale-loses-6-million-in-the-sly-phishing-scheme-targeting-the-marked-ethereum/
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